Rec

Wind Turbine

Wind Turbine Market Hits a New Supply Record

The size of wind turbines continues to rise, with the average rated capacity of new turbines exceeding 1,750 kilowatts in 2019, an increase of 72% from 2009 to …

Oil&Gas Drilling

ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells

Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…

Market Analysis

UK Double-Record: Electricity Prices and Carbon Emissions Hit New Lows

Both negative electricity pricing and carbon dioxide emissions from the UK's electricity sector hit record lows over the weekend.

Solar Power Plant

Spanish Authorities Green-Light 695MW of New Grid-Connected Solar

Spanish solar developer Solaria Energia has been granted approval from local authorities to build the grid-connected Barcina-Garoña PV Complex in Burgos provin…

Crude Oil

Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks

Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…

LNG

US to Become LNG Swing Producer as Capacity Utilisation Declines

Gas prices have been trading in the negative in recent months.

Energy Investment

Virus Sparks Record Drop in Energy Investment: IEA

The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.

Wind Turbine

SGRE Wins Turbine Contracts for 2,640MW Virginia Wind Farm

Siemens Gamesa Renewable Energy has won a contract to supply its SG 14-222 direct drive offshore wind turbine for the 2,640MW Coast Virginia Offshore Wind comme…

Nuclear Power Plant

Illinois Nuclear Power Plant Set a Record for Outages During Covid-19

Four of Exelon Generation's six Illinois nuclear plants safely completed refueling outages during the COVID-19 pandemic, setting new operational records at each…

Oil Price

Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level

Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.

Providing Consultancy Services on Support

Request for Proposals for Providing Consultancy Services on Support for Disaster Risk Management and COVID-19 Crisis Socio-Economic Recovery

Wind Power Project

Enel Recovers from C-19 Crisis with Three New Energy Farms

Enel Green Power has announced what it calls a huge measure in accelerating the company's recovery from the global crisis caused by COVID-19.

South Africa’s NERSA Gives Eskom Nod to Increase Tariffs

The National Energy Regulator of South Africa has approved Eskom’s request to recover R13.3 billion as part of the power utility’s regulatory clearing account…

Crude Oil

Metals Can Leap Over the Oil Slick

After 2008, metals and oil rebounded together from the depths of the financial crisis, as China’s consumption of raw materials took off. This time, their recov…

Nuclear Fuel

US Senators Urge Extension to Uranium Import Quota

A bipartisan group of US Senators has called for the Department of Commerce (DOC) to extend the Russian Suspension Agreement (RSA), as recommended by the NFWG.