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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
26-01-2020
U.S. Extends Clampdown on Iran With Sanctions on Energy Firms
The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort to clamp down on the Islamic Republic’s revenue sources.
21-01-2020
Energy Management System Market to Reach $43 Billion by 2024
Energy Management System Market is set to grow from its current market was valued at over USD 23 billion in 2018 to USD 43 billion by 2024, according to a new research report by Global Market Insights, Inc.
20-01-2020
Rising Demand for Steel And Energy Pushed Global Coal Use
The global maritime coal trade grew 0.7 per cent last year, helped by increased output in China and Indonesia, according to Germany’s VDKI coal importers lobby.
19-01-2020
Global Power Industry Tenders In December 2019: Solar Technology Declines 24%
Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 65 tenders and a share of 72.2% during December 2019, followed by Europe with 14 tenders and a 15.6% share.
19-01-2020
New York to Invest $2bn in Utility Energy Efficiency Initiatives to Combat Climate Change
As part of the initiative, the New York State Public Service Commission has approved energy efficiency and electric heat pump targets to significantly reduce energy consumption in the state.
18-01-2020
Bloomberg NEF Report：China’s Renewable Investments Fall As US’s Rise in 2019
According to a report published by BloombergNEF, China, with $83.4bn of investments in the renewable sector, was still the biggest player in the industry but in 2019 had the worst performance since 2013.
17-01-2020
Experts Views About How the Energy Industry Will Grow in 2020
Major shifts — including new technology, rising oil prices and a changing climate — are encouraging investors to look to new energy sources.
16-01-2020
EU Wants to Spend 1 Trillion Euros for “Sustainable Investments” Across The Coming Decade
Financing for this will come from the EU budget, co-financing from EU member states, and contributions from the European Investment Bank and InvestEU, a major funding program set to run from 2021 to 2027.
16-01-2020
US And China Sign Trade Agreement of The First Step, Energy Tariffs Remain
The US and China have agreed the first step of a broader deal to diffuse a trade war between the two economic giants, though key tariffs on energy imports into China remain in place.
15-01-2020
Total Shifting ‘Finance Hub’from London to Paris‘due to Brexit’
Patrick Pouyanne told a financial conference in the French capital: “Total will bring its cash back to Paris”, following up with a tweet confirming the move.
14-01-2020
Adnoc Signs $23bn Energy Deals With Indonesia's Pertamina And Chandra Asri
Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia's Pertamina and Chandra Asri to explore the possibility of developing a crude-to-petrochemicals complex in the South East Asian nation.
13-01-2020
Renewables Growth Must Increase Fourfold by 2030 to Meet Climate Targets
The share of renewables in the global energy system needs to more than double by the end of the 2020s — with $10trn of fossil-fuel investment redirected — if the world is to limit climate change to 1.5C above pre-industrial levels, according to Irena.
12-01-2020
Nord Stream 2 Is An Economic Project to Benefit Germany And Europe, Washington’s Stance Is Wrong - Merkel
Speaking to journalists in Moscow alongside Russia’s President Vladimir Putin, Merkel argued that that “sanctions are a wrong way to go.” Both leaders vowed that the gas pipeline project would be finished against all odds.
10-01-2020
Saudi Arabia Launched Its Third Round of Its Renewable Energy Programme
Saudi Arabia has launched the third round of its renewable energy programme, which aims to add a total of 1.2 gigawatt of solar photovoltaic power capacity to the grid.
09-01-2020
Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations
Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its operations in the sultanate.
09-01-2020
China's Waste Import Ban Spurs UK Investment in Recycling
The head of a major British waste company says that the United Kingdom is beginning to feel the positive effects of China's waste import ban, as investment in domestic recycling and processing facilities is on the rise.
08-01-2020
Rising Renewables Investment To Power Solar Panel Cleaning Market Trends
Growing inclination towards renewable energy as well as favorable government policies has accelerated the deployment of solar energy farms. As these farms are mostly located in remote areas, they are exposed to frequent dust and sandstorms.
08-01-2020
UAE Energy Minister:OPEC Will Meet Any Shortage If Needed
"The market is well supplied. We’re not forecasting shortage of supply unless there’s a catastrophic event which we don’t see, so Opec always will meet and discuss whatever necessary actions we need to do."
07-01-2020
U.S. Energy Consumption Suffered A Noticeable Hit By Economic Slowdown
U.S. manufacturers and freight hauliers were hit last year by the sharpest slowdown since the 2008/09 recession and it filtered through into a noticeable dip in energy consumption.
07-01-2020
The Six Paradoxes Slowing Down The Energy Transition
It is not just the fact that certain economies, such as Russia or Norway, are highly dependent on oil & gas revenues, it is also the choices and approaches that different countries take, all of which are different.
07-01-2020
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalent was USD 0.53 lower at USD 62.74/bbl.
06-01-2020
Iran, Iraq and Suleimani: How Will Things Play Out for Energy Markets?
It’s winter in Baghdad, but the US killing of Iranian major general Qassem Suleimani and Iraqi militia leader Abu Mahdi Al Muhandis has raised the already heated political temperature.
05-01-2020
Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy
Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting consumer sentiment by pushing up fuel prices.
02-01-2020
Britain's Renewables Produced More Electricity Than Fossil Fuels in 2019
BRITAIN, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the first time in 2019, National Grid said on Wednesday.
26-12-2019
US Grid Forced to Raise Wind And Solar Price to Match Fossils
Federal regulators have ordered the US’s largest grid operator to raise prices of wind and solar power so they are in line with fossil fuels. FERC was accused of attacking emission reduction state policies.
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