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Solar Company

Valmont Acquires Undisclosed Stake in Energia Solar do Brasil

Global manufacturing company Valmont Industries has acquired a significant stake in Brazil-based Energia Solar do Brasil.

Oil Price

OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020

Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.

Energy Technology

Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker

A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…

Crude Oil

Crude Oil Futures Rise on Spot Demand

Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.

Energy Transition

Eni Restructures Company to Lead Energy Transition

Italian oil major Eni announced Thursday it will undergo a structural transformation in the coming weeks, to become “a leader in the energy transition,”

Electricity Trade

Iraqi Minister Stresses Importance of Electricity Imports from Iran

In a meeting with his Iranian counterpart Energy Minister Reza Ardakanian in Baghdad on June 3, Iraq's Minister of Electricity Majid Mahdi Hantoush appreciated …

Market Analysis

US Working Natural Gas Volumes in Underground Storage Rise 102 Bcf on Week:EIA

US working gas in storage increased by 102 Bcf last week, which was less than the market expected, but Henry Hub futures remained static following the report.

Thermal Coal

Indonesia Sets June HBA Thermal Coal Price at $52.98/mt, Close to 4-Year Lows

Indonesia's Ministry of Energy and Mineral Resources set its June thermal coal reference price -- also known as Harga Batubara Acuan or HBA -- at $52.98/mt, dow…

Coal Mine

AK Steel to Close Coking Coal Mine After No Buyer Found

Pennsylvania-based AK Coal Resources is closing over the next few months after a buyer did not come forward to take over the North Fork coking coal mine.

Energy Technology

French Research Institute Joins Europe's Solar Manufacturing Accelerator

French global collaborative research platform IPVF has joined “Solar Manufacturing Accelerator” to boost the development and deployment of solar pv manufactur…

Micro Reactor

Japanese Gas-Cooled Reactor Clear for Restart

Japan Atomic Energy Agency has today received permission from the Nuclear Regulation Authority to make changes to the reactor installation of the High-Temperatu…

Offshore Wind Power

Cabinet Approves German Offshore Wind Law

The German cabinet has approved the amended Wind Energy At Sea Act presented by federal minister for economic affairs and energy Peter Altmaier.

Energy Storage Project

ABB Unveils Modern Production Plant for Energy Storage Systems in Baden

ABB officially opened its new plant for energy storage systems for mobility applications in Baden, Switzerland, at a ceremony attended by customers, politicians…

Oil Pipeline

Bulgaria Expects to Finish Russian Gas Pipeline on Time

Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.

LNG

Gazprom Threatened with 50 mln Euro Fine by Polish Regulator for Lack of Cooperation

"President of the Office of Competition and Consumer Protection initiated proceedings against Gazprom for lack of cooperation during an anti-trust investigation…