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Market Analysis
Oil Markets Set for Recalibration as US and Iran Attempt to Restore Nuclear Deal
Commodities prices are expected to keep rising, even if Iranian supply returns, Saxo Bank's head of commodity strategy says
Nuclear Technology
Tech Deployment Delays Put Heat on Asia's Nuclear Momentum
China seeks to raise total nuclear capacity to 58GW by 2020, but whether this target will be hit or not relies on the pace of equipment upgrades and capacity ov…
Solar Power Plant
IEA Calls for Annual Additions of Solar PV to Reach 630 GW by 2030
According to the International Energy Agency, most of the global reductions in CO2 emissions between now and 2030 would come from technologies available today.
Crude Oil
China April Crude Oil Output Up 3.4 pct on yr
China's April domestic crude oil production rose 3.4 percent on year to 16.41 million tonnes.
Crude Oil
IEA Sees Oil Demand Recovery Outpacing Growth in Supply
OPEC+ producers have been curbing output since 2017 but have eased since imposing record high cuts last year, with more easing agreed from this month
Market Analysis
Geothermal Energy Market to Hit $50 billion by 2027
The geothermal energy market value is set to cross $50 Billion by 2027.
Market Analysis
Potential and Benefits of Blue Ammonia As a Clean Fuel of the Future
According to the latest edition of the GECF Global Gas Outlook 2050, the demand for natural gas is expected to increase by 50% from 3,950 billion cubic metres i…
Market Analysis
South West England’s Grid Goes 100% Green Over the Weekend
South West England’s electricity grid became 100% green at times over the past weekend, thanks to nuclear power contributions from Hinkley Point B and strong s…
Australia
Australia to See 118 Oil and Gas Project Starts by 2025
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
Wind Power Project
Global Wind Power Installations Hit Record Levels In 2020
China’s National Energy Administration reported 72 GW of installed capacity in 2020, which alone would have qualified as the most capacity added globally in a …
Market Analysis
Greece Commits to 2025 Coal Phase-Out
Greece’s Public Power Corp., the country’s biggest energy company, has announced that its coal-fired thermal power plant Ptolemaida 5 will be converted to gas…
Market Analysis
How Norway Became Europe’s Biggest Power Exporter
The world’s largest synchronous electricity network has allowed many European countries to make power trading a part of everyday grid balancing. Until now, Fra…
Offshore Wind Power
Rystad Energy: Set for Surge in Global Offshore Wind Expenditure
The offshore wind industry’s global installed capacity is set to exceed 250 GW by 2030, driven by a surge in coming projects, a Rystad Energy report shows
Market Analysis
IEA: Electric Vehicle Sales Are Soaring Globally
Last year, some 3 million electric cars were sold worldwide, up by 41 percent year over year and accounting for 4.6 percent of all global car sales, the IEA’s …
Market Analysis
These Two Meetings Will Affect Oil And Gold Prices In May
Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.
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