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Reuters
Despite Low Hydro Reservoirs, Brazil Has No Risk of Energy Rationing
"There is no risk to supplies in 2020," the national grid operator ONS told Reuters in a statement on Thursday.
Gas turbine engine
Three Bidders For MAN Energy Solutions
Volkswagen has received bids from INNIO, Mitsubishi Heavy Industries and Cummins for its MAN Energy Solutions business, according to a Reuters report.
Oil & Gas Trade
Iran Still Selling Oil Despite US Sanctions on Tehran’s Exports
Iran is still selling its oil despite US sanctions on Tehran’s exports, the country’s Vice President Eshaq Jahangiri was quoted on Monday as saying by state T…
Coal-Fired Power Plants
India Pollution Regulator Threatens to Shut Coal-Fired Utilities Around New Delhi
India’s federal pollution regulator has warned coal-fired power plants around New Delhi that they could be shut down for failing to comply with deadlines to me…
Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
Solar Power Plant
China Will invest $2.5b for A Solar Plant in North Korea
Reuters reports that China will invest $2.5b for the construction of a 2.5 million kW solar plant in North Korea, in exchange for access to a rare earth mine in…
China-Pakistan
Pakistan Says Curbing Power Sector Debt, Seeks Energy Investors
Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister told Reuters, outlining measu…
Oil & Gas Trade
US Sanctions Bringing China and Iran Together
A report by Reuters last week showed that, while sales of Iranian crude oil have significantly diminished, Tehran’s exports of oil products have hardly been af…
Oil & Gas Trade
Exxon Mobil Agreed to Sell Its Norwegian Oil and Gas Assets at $4 billion
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production in a country where it started operations more than a…
Coal Production
China's Total Coal Consumption Will Drop 18% from 2018 to 2035
Demand is expected to trend downwards by 2025.According to Reuters, China is expected to see total coal consumption drop 18% from 2018 to 2035, and by 39% from …
Oil & Gas Trade
US Sanctions on Iran's Oil Industry have Slashed the OPEC Member's Crude Exports
While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80 percent, oil product sales from the Islamic Republic re…
Nuclear Power Plant
China, South Korea Vie for Bulgarian Nuclear Power Project
Reuters reports that state utilities from China and South Korea, including CNNC and Korea Hydro & Nuclear Power Co (KHNP), are amongst the seven groups interest…
Coal Trade
Report Shows: China Injected $1b in "Green" Financing to Coal-Related Projects
Chinese financial institutions provided at least $1b in “green” financing to coal-related projects in the first half of this year, Reuters reported in a revie…
ExxonMobil Plans To Sell Its North Sea Assets To Focus on US Shale Production
The firm, which has been in the UK sector for 50 years, has held sales talks with a number of operators in recent weeks, according to Reuters.Citing industry so…
Crude
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec…
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