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Market Analysis

State Grid Corp. of China Is Finally Getting Out of Real Estate

State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…

Nuclear Power Plant

EDF, Orano Prepare for COVID-19 Impact

French utility EDF has scrapped its nuclear generation target for 2020 on an anticipated fall in output this year because of the coronavirus crisis. Fuel cycle …

Electric Car

Siemens Converts all Lamp Posts on Residential Street to Eectric Car Chargers

In what is understood to be a first for the UK, tech giant Siemens and electric vehicle charging solutions provider ubitricity have converted all the lamp posts…

Crude Oil

Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…

Oil & Gas Trade

U.S. Goes Ahead With Oil, Gas Lease Sales Despite Price Crash

Despite calls for immediate suspension of oil and gas drilling lease sales on federal land amid slumping prices, the U.S. will hold lease sales this week in fou…

Oil Price

Libya Says Oil Shutdown Losses Exceed $3.5 Billion

Libya's oil company says economic fallout from a protracted blockade of its vital oil facilities has resulted in losses surpassing $3.5 billion at a time when t…

Wind Farm

German Developer Signs 300MW Ukraine Wind Pact

German company Notus Energy has signed an agreement with the Odessa regional government of Ukraine to develop three wind farms with a total capacity of about 30…

Oil Price

U.S. Diesel Cash Prices Latest to Slump from Coronavirus Fallout

U.S. ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week, after refiners boosted production in a bi…

Market Analysis

Report Probes Risks of Controversial South Africa Hydropower Project

Controversy continues to shadow the development of the Grand Inga III project, with the latest arising from a report titled ‘I Need You, I Don’t Need You: Sou…

Coal-Fired Power Plants

New Coal Plants in India ‘Unviable’ Say Economic Analysts

India’s coal-fired power plant pipeline is rapidly shrinking, with 46 GW of cancellations in the last 12 months, according to the Institute for Energy Economic…

Oil Price

Oil Majors Are Preparing For $10 Oil

The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s.

Nuclear Power Plant

Slovenia Says Sole Nuclear Power Plant Unaffected by Croatia Quake

Slovenia’s only nuclear power plant, Krsko (NEK), has not been affected by a large earthquake which hit neighboring Croatia early on Sunday but authorities sai…

Oil Price

US Diesel Cash Prices Latest to Slump From Coronavirus Fallout

US ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week.

Solar Solutions International

"The largest solar energy trade fair in North-West Europe!"Solar Solutions International is the largest trade fair for solar energy in North West Europe. Now th…

Oil Price

Algeria Says to Slash Spending in Response to Oil Price Crash

The President announced a 30% cut in the state's operating budget, but did not specify a new level of spending.