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Oil & Gas Trade

US says Cyprus has Key Role in East Med Energy

Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run…

Croatia’s Hydrocarbon Agency Estimates up to 500 MW Geothermal Potential

The licensing process (hydrocarbon or geothermal) in Croatia is carried out by the Croatian Hydrocarbon Agency established by the Government of the Republic of …

Coal-Fired Power Plants

Spain Plans to Phase out Coal-Fired Power Plants by 2030

While some countries across Europe are resisting leaving coal power behind, Spain is speeding up its transition.

Nuclear Power Plant

Russia Reaches Milestone with Kursk II RPV

Kursk II will also be the first Russian nuclear power plant to have a digital automated system for managing costs and scheduling during the construction process…

Oil&Gas Drilling

Virginia Lawmakers Vote to Block Offshore Drilling in Rebuke to Trump Plan

Virginia lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Trump administration…

Stadtwerke Kiel Replaces Coal Plant with Cutting-Edge CHP Facility

A power station hailed as one of Europe’s most modern and flexible combined heat and power plants is now operational on the site of a former coal-fired plant i…

Market Analysis

UK Regulator Ofgem Launches Decarbonisation Plan

The UK Government’s Office of Gas and Electricity Markets (Ofgem) has set out its plan to bring the country’s emissions to net zero.

District Heating Network in Fondon, Spain to Tap Mine Water for Geothermal Heat

The geothermal network of Fondón in Southern Spain will be put into service next year, so local news.

Market Analysis

Morocco on the Lookout for Developers for New 400MW PV Push

Morocco is to hold a tender to contract another major batch of solar PV across the country, as part of broader efforts to deploy 3GW of renewables between 2020 …

Siemens Gamesa Swings to Loss and Cuts Guidance

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year…

Nuclear Power Plant

Viewpoint: Australia Must Embrace Nuclear Power

Australia has three electricity futures - coal, nuclear or chaos. It's time to bring Australia into the 21st century by aggressively embracing the nuclear one, …

Oil & Gas Trade

Coronavirus could Push Global Oil Market into Surplus

Almaty. February 4. KazTAG - The coronavirus outbreak could curb oil demand growth if it continues to spread, leading to an extended production surplus as produ…

Oil & Gas Trade

OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting

The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…

Hydrogen Technology

New Promising On-Demand Hydrogen Fuel Production could Usher in Green Energy Future

Scientists say a new hydrogen technology could lead to a “green and sustainable energy era.”

Oil & Gas Trade

PNG Government Walks Away from Gas Talks with Exxon

According to Reuters, the government of Papua New Guinea (PNG) has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas e…