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Renewable Energy

German Pipeline Operators Present Plan for World's Largest Hydrogen Grid

The plan to build a 1,200 kms hydrogen grid by 2030 would mostly be based on converted former natural gas pipelines.

Oil Field

U.S. Energy Giant ExxonMobil Puts Stake In Azerbaijani Oil Field Up For Sale

ExxonMobil has again put its stake in Azerbaijan’s largest oil field up for sale despite a historic decline in oil prices linked to a decline in consumption du…

Coal-Fired Power Plants

DEFF Orders Eskom to Shut Down Kendal Power Station

South Africa's environment minister, Barbara Creecy, has rejected Eskom's objection to and confirmed the compliance notice issued to Eskom in December 2019 by t…

Coal-Fired Power Plants

India Added 8,800 MW of Coal-Based Power Capacity Last Year: IEEFA

The thermal power generation sector is facing stress carrying $40-60 billion of potentially non-performing assets, IEEFA said.

Gas power plant

Total Strengthens Presence in Spanish Energy Market

Global energy player Total has acquired Energías de Portugal's portfolio of two gas-fired combined cycle power plants.

Hydrogen Fuel Cell

Scientists Discover New Polymer Glass to Boost Support for Hydrogen Fuel Cells

The researachers in Japan found that the molecular structure eases H+ protons across it.

Hydropower Plant

Kangwon Province Concentrates Efforts on Hydropower Station Projects

Kangwon Province is pressing on with the construction of hydropower stations.

Tidal Energy

Verdant Power Moves Forward with RITE Project Turbines

Verdant Power has made significant progress in manufacturing the Gen5 Free Flow System turbines.

Nuclear Power Plant

Norwegian Reactor Dismantling to Cost Almost USD2 Billion

The decommissioning of Norway's shut down research reactors at Halden and Kjeller will cost around NOK20 billion (USD1.96 billion) and take 20-25 years, accordi…

Electric Car

Ideanomics' MEG Secures First Order for Qingdao EV Hub

Ideanomics, Mobile Energy Global division has today announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secure…

Coal Price

Effects of Lower Coal Prices Only Partially Reflected in 1Q20

As average coal input prices exceeded our estimate due to lower utilization rates at coal power plants, KEPCO’s 1Q20 results fell short of our estimates.

Crude Oil

PetroChina's Dalian Refinery to Resume Operations in Late-June

PetroChina said on Tuesday its subsidiary refinery Dalian Petrochemical Corp, which kicked off an overhaul on April 8, is expected to resume operations in late-…

Oil & Gas Trade

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…

French Group Total Buys up Some Assets from Portugal's EDP

Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occident…

Crude Oil

US WTI Crude Futures Rise Above $30/bl

U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.