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Oil Price
Oil Prices Stuck In Limbo As Uncertainty Mounts
Oil prices are unlikely to move much higher from the current levels in the low $40s, at least not for the rest of the year.
Coal Production
What Would A Biden Presidency Mean For Coal?
The United States is expected to see an acceleration in renewables development and an effort to reverse the loosening of emission restrictions made by the Donal…
Energy Storage Project
COVID-19 Hits Profitability of ENGIE Energy Storage Subsidiary
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s ener…
Hydrogen Fuel Cell
Ballard and MAHLE Partner of Fuel Cell Propulsion Systems
Ballard Power Systems and MAHLE will develop and commercialise fuel cells systems to provide primary propulsion power for commercial trucks.
Hydropower Plant
World Bank Helps Finance Khyber Pakhtunkhwa Project, Pakistan
The World Bank has approved $450 million in financing for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project in Pakistan.
Solar Power Plant
Abengoa Advances in the Construction of the World's Largest Solar Complex in Dubai
Phase IV of MBR Solar Park is currently under development by Noor Energy 1 PSC, a company owned by DEWA, ACWA Power, and Silk Road Fund.
Oil&Gas Drilling
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Oil Field
Equinor Plans $2 Billion Breidablikk Oilfield Development
Equinor and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns development plan for the North Sea field.
Electric Car
China's Biggest Automaker SAIC to Have Nearly 100 New EV Models by 2025
SAIC Motor, the biggest automaker in China, plans to have nearly 100 new energy models with its partners by 2025.
Electric Vehicle Battery
China's SVOLT to Supply Cobalt-Free EV Batteries to Great Wall
Chinese electric vehicle battery maker SVOLT Energy Technology will supply a new, cobalt-free battery to carmaker Great Wall Motor next year.
Clean Energy Transition
China Issues Report on Efforts to Promote UN Sustainable Development Goals
Presenting the country's exploration and practice of using science and technology innovation to help meet the goals of UN 2030 Agenda for Sustainable Developmen…
LNG
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Coal-Fired Power Plants
KB Financial is the First Korean Bank to Stop Funding Coal-Fired Power Projects
The bank makes the announcement the week after Korea declared a climate crisis and set a 2050 target to achieve net-zero emissions.
Iraq
Iraq Plans To Boost Power Capacity With An Additional 3GW
Iraq’s electricity ministry has revealed the country’s plans to boost its power capacity with an additional 3 gigawatts.
Oil Shale
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around…
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