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Energy Transition

Sorry to Disappoint Climate Deniers, but Coronavirus Makes the Low-Carbon Transition More Urgent

Sorry to be the harbinger of denier disappointment, but there is every reason to expect that the virus crisis will strengthen and accelerate the imperative to t…

Crude Oil

OPEC’s Plan To Take Over The Global Oil Industry

The first three months of 2020 have shocked the global energy market to its foundations.

Crude Oil

OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts

Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…

Oil Price

The OPEC+ Meeting Could Send Oil Prices Crashing Below $10

The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified.

Offshore Wind Power

Siemens Gamesa Receives Firm Order for 342 MW Kaskasi Offshore Wind Power Plant in Germany

Wind farm with innogy SE to use 38 Siemens Gamesa SG 8.0-167 DD Flex wind turbines. Power to be supplied to more than 400,000 German households. Wind turbine in…

Wind Power Project

France Awards 1.7 GW of Wind and Solar Power Projects

The French Ministry for the Ecological and Inclusive Transition (MEIT) has announced the results of the latest tenders for ground-mounted solar PV and for onsho…

Blockchain

Users in New Blockchain Project can Select their Sustainable Energy Source of Choice

​Power Ledger and ekWateur are working together to boost the transition toward renewable power.

Market Analysis

Oil Industry Joins The Fight Against Coronavirus

The supermajor is also offering free food and drink to healthcare professionals at 15,000 retail outlets globally as well as to truck drivers and delivery perso…

Oil Price

Russian Oil Firms Ready To Agree To A Production Cut Deal

With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…

Oil & Gas Trade

Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to

President Donald Trump said on Saturday that he "does not care about OPEC" and that he will put tariffs on oil imports to the United States if he has to in orde…

Oil Shale

Saudi Arabia Denies Trying to kill US Shale, Shifts Blame for Oil Supply Glut on Russia

Rejecting the accusation as “fully devoid of truth,” Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud insisted that the Kingdom is and has always been …

Construct 230/11kv Okvau Transmission Substation

The substation will serve the Mondulkiri province-based Okvau Gold Project, which is owned by Australia-listed mining firm Emerald Resources NL. The project is …

Gas Turbine

MHPS Grid-Connects T-Point 2 Advanced Gas Turbine Validation Facility

This verification facility will eventually become the main base for a much-anticipated autonomous combined cycle power generation project.

China: Solar Industry Estimated to Make Full Recovery by Q2

Solar manufacturing was severely disrupted in Q1 2020 as the Chinese national holiday was extended and restrictions were placed on movement.

Energy Storage Battery

Energy Storage Growth Derailed by Coronavirus: Wood Mackenzie

Energy storage deployment could drop by 19%.