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Electricity Transmission
Iberdrola Slams UK’s Proposal for Lower Network Returns
Spanish utility Iberdrola's chief executive, Ignacio Galan, has strongly criticised UK energy regulator Ofgem's proposal to cut the allowed return on equity for…
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Crude Oil
Indian Refinery Runs Edge Higher in June
Indian refining throughputs rose back above 4mn b/d in June in a partial recovery from the Covid-19 downturn, but remained well below year-earlier levels.
Wind Energy Technology
Tunisia Tackles Wind Energy with Wind Lidar
Technical consultancy Firnas Shuman delivers one-year ZX Lidars wind measurement campaign for major developer
Electric Car
Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles
The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it com…
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012
Oil Field
Shell Gets Green Light for Brent Alpha Jacket Decommissioning Plan
UK authorities have approved Shell’s decommissioning plan for the Brent Alpha jacket, located in the UK sector of the North Sea.
Solar Power Plant
Solar Investment is Paying Off with Emissions Reduction for Montego
Montego Pet Nutrition has reported a 300-tonne reduction in CO2 emissions after installing solar panels.
South Africa
Nyimpini Mabunda Named New CEO for General Electric in Southern Africa
Nyimpini Mabunda has been appointed Chief Executive Officer for Southern Africa for General Electric.
Electric Car
Electric Vehicle Market Likely to be Rs 50,000 Crore Opportunity in India by 2025
The electric vehicle market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrificatio…
Italy
INNOSEA Receives Grant for Floating Solar R&D Project
Engineering firm INNOSEA has been awarded a European H2020 grant to undertake a research and development project to support more efficient.
Microgrid
Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid
Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine.
Oil Price
Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh
Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.
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