Sev

Energy Investment

Saud Electricity Signs $2.4bn Medium-Term Financing Agreement With 7 Banks

Saudi Electricity Company, the largest utility company in the Middle East and North Africa region, signed on Aug. 26 a syndicated financing agreement worth SR9 …

Coal Mine

Australian Coal Firms Trapped in Oversupplied Market

High fixed costs are forcing Australian thermal coal mining firms to maintain production, despite operating at a loss because of a severely oversupplied seaborn…

Oil & Gas Trade

Azerbaijan's Exports of Petroleum Products Increase by 16% in the First Seven Months of 2020

From January to July 2020, Azerbaijan exported 706,000 tons of petroleum products, valued at US$190 million.

Offshore Wind Power

Equinor and Iberdrola Plan Offshore Wind Energy Projects in Brazil

Major offshore wind power developers have started submitting plans for several gigawatts of new offshore wind farm projects in Brazil.

Market Analysis

Europe’s Biggest Coal Nation Could Soon Go Nuclear

Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could …

Poland

Europe’s Biggest Coal Nation Could Soon Go Nuclear

Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could …

Electric Car

European Electric Car Sales Surpass China in January-July

In the first seven months of 2020, sales of electric vehicles in Europe surpassed those in China.

Nuclear Power Plant

Seven Parties Including China, the United States, Russia and India Join Forces to Build a Controllable Nuclear Fusion Reactor

Seven Parties Including China, the United States, Russia and India Join Forces to Build a Controllable Nuclear Fusion Reactor.

Nuclear Power Plant

ITER Live : Start of Machine Assembly

​On Tuesday 28 July 2020, we will celebrate the Start of Machine Assembly at ITER in the virtual presence of French President Emmanuel Macron and government le…

Oil Field

Kazakhstan Reduces Production of Oil and Condensate by 1.4%

Oil and condensate production decreased by 1.4% in seven months of 2020.

Portugal

EDP Renewables to Divest 242MW Onshore Wind Farm Portfolio

Portuguese utility firm EDP is to sell a portfolio of seven onshore wind farms in a €426 million ($502 million) deal.

Wind Turbine

Vestas Wins 150MW in China

Order includes supply of 53 V120-2.2MW units and seven V155-3.3MW turbines

Portugal

European Energy Giants Partner on H2Sines Green Hydrogen Production Project

EDP, Galp, Martifer, REN, Vestas and several European partners have proposed to evaluate the viability of the H2Sines project.

United States

After the Launch- Perseverance Mars Rover Update

The process of launching the Ingenuity Rover and Ingenuity helicopter aboard the United Launch Alliance Atlas V 541 rocket.

Solar Power Plant

KenGen Set to Install Solar Power Plants in the Reservoirs of 3 Dams

The Norwegian company Multiconsult recently indicated that it will conduct studies to determine the potential for several floating solar power plants in the bas…