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Crude Oil

BP Reduces Investment Plan by 25% in 2020 to US$12bn

BP has cut its 2020 spending plan by a quarter, from US$15bn to US$12bn, including a US$1bn reduction investment in short-cycle onshore activity.

Oil Shale

U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash

Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…

Offshore Wind Power

Iberdrola to Develop Two Floating Offshore Wind Demonstration Projects

Spanish electric utility company Iberdrola will be developing two demonstration projects to further strengthen its position in the floating offshore segment.

Electric Car

Volkswagen Maintains its Belief in the Future of Electric Cars

​The automaker recently published several new official blog posts mentioning its optimism.

The 11th Guangzhou International New Energy Automobiles Industry Expo 2020

We sincerely invite your company to NEA 2020An international event oriented to the new energy vehicleand supporting facility industry in ChinaReceiver：Sent by：Xu …

Wind Farm

Steady Outlook for Wind Sector after Record Year in Greece

After a record year for new capacity in 2019, prospects for Greece’s wind energy sector remain positive.

Nuclear Power Plant

Decree Delays Deadline for Start-up of Flamanville EPR

The construction of the EPR unit at the Flamanville site in Normandy was authorised by the French government by a decree of 10 April 2007, which stated first fu…

Wind Farm

New Wind Farm Brings More Power to Senegal

Senegal is among the African nations trying to increase access to electricity for its population. U.S. officials estimate about 35% of the country’s 16 million…

Power Construction

AfDB Provides €62M for Rural Electrification in Over 1,300 Localities in Côte d'Ivoire

The African Development Bank (AfDB) has recently granted a loan of about 41 billion CFA francs (€62.35 million) to Côte d'Ivoire.

Power Construction

Brazil's Eletrobras Plans to Invest US$6.2bn by 2024

According to its Business and Management Master Plan 2020-2024, Brazilian state-owned power utility Eletrobras plans to invest BRL32.4bn (US$6.2bn) over the per…

Crude Oil

How Russia Is Shedding Its Venezuelan Assets

Russia has set up a wholly state-owned oil company named Roszarubezhneft after Rosneft announced it would exit Venezuela and ditch its Venezuelan assets to a ne…

Nuclear Power Plant

Coronavirus Impacts Dismantling of Germany's Philippsburg Nuclear Plant

The outbreak of the coronavirus has affected the dismantling of the nuclear power plant in philipburg, baden-wurttemberg.

Oil Price

The U.S. is About to Lose its Place as the World's Largest Oil Producer

The United States may lose its top spot among oil producers globally this year, according to economists.

Electric Car

How Large-Scale Storage Will Facilitate the EV Revolution

By 2040 there could be up to 500 million electric vehicles globally.

CCS

Japan Maintains 2030 Climate Goals Unchanged in New NDC

Japan has submitted an update to its National Determined Contribution (NDC) to the Secretariat of the United Nations Convention on Climate Change (UNFCCC).