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Energy Transition
Enel lifts 2030 Greenhouse Gas Emission Reduction Target to 80% from 70%
Enel, which is committed to full decarbonization by 2050, already decreased direct greenhouse gas emissions by more than 36% in 2019 from 2007 levels.
Crude Oil
China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub
China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…
Coal Mine
ANZ Bank to Stop Funding Coal Mines & Power Plants
ANZ Bank has unveiled plans to adopt a net zero emissions test for loans, and to set a 2030 exit date for all direct investment in thermal coal mines and power …
Coal Trade
Indian Coal Imports Recover in September 2020
Mjunction’s latest data showed that India's coal import rose 11.6 per cent to 19.04 million tonnes in September 2020 as compared to 17.06 million tonnes in Sep…
Electric Vehicle Battery
Tesla’s German Gigafactory Could Be Ready To Deliver Ahead Of Schedule
European reservation holders of Tesla’s Model Y could begin to receive their vehicles manufactured at Tesla’s Gigafactory in Berlin earlier than expected, cit…
Energy Transition
Wärtsilä Report Says G20 Net-Zero is Possible with Current Stimulus
Global technology company Wärtsilä has released a report that shows potential for G20 stimulus packages to accelerate energy transition towards renewable ener…
Market Analysis
Global Solar PV Installations Predicted To Rise By 5%, Desiped Covid-19 Effects
Year-on-year growth in installations will continue every year to 2025, topping out at 145GW direct current, according to a new report by Wood Mackenzie.
Oil&Gas Drilling
Neptune Energy Makes Small Oil Discovery off Norway
The discovery is estimated to hold between 0.5 and 3.2 million cubic metres (mcm) of recoverable oil equivalents, NPD said in a statement.
Sweden
Vattenfall Records Q3 Fall in Wind Profits
Swedish energy company cites lower availability of offshore wind power and lower electricity prices.
Wind Farm
EBRD Backs 100MW Kazakh Wind Farm
A group of financial institutions including the European Bank for Reconstruction and Development are providing over $95m for a 100MW wind farm in Kazakhstan.
Russian Federation
Rosatom State Corporation Engineering Division
The Belarus Nuclear Power Plant has received permit to perform works on the stage-wise program for the power start-up of Unit 1.
Ultra-high voltage grid
China-Pakistan HVDC Power Transmission Project Completed
Recently, one of the key projects of the China-Pakistan Economic Corridor, the transmission line of Pakistan's Murtyari to Lahore DC transmission project has be…
Oil Price
Global Oil Prices to Recover in 2021, Reaching $44 pb: World Bank
In its semi-annual commodity markets outlook report, which focused on the impacts of the COVID-19 pandemic on such markets, the WB said that oil prices are expe…
Hydropower Plant
India: C'garh’s Hydropower Stations See Maximum Power Generation
The Chhattisgarh State Power Generation Co Ltd’s hydropower stations have set a record for maximum power generation as compared to previous year.
Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth
French electrical equipment group Schneider Electric SE raised its 2020 revenue and margin forecasts on Thursday, citing a better-than-expected third quarter he…

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Rec

Enel lifts 2030 Greenhouse Gas Emission Reduction Target to 80% from 70%

China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub

ANZ Bank to Stop Funding Coal Mines & Power Plants

Indian Coal Imports Recover in September 2020

Tesla’s German Gigafactory Could Be Ready To Deliver Ahead Of Schedule

Wärtsilä Report Says G20 Net-Zero is Possible with Current Stimulus

Global Solar PV Installations Predicted To Rise By 5%, Desiped Covid-19 Effects

Neptune Energy Makes Small Oil Discovery off Norway

Vattenfall Records Q3 Fall in Wind Profits

EBRD Backs 100MW Kazakh Wind Farm

Rosatom State Corporation Engineering Division

China-Pakistan HVDC Power Transmission Project Completed

Global Oil Prices to Recover in 2021, Reaching $44 pb: World Bank

India: C'garh’s Hydropower Stations See Maximum Power Generation

Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth