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Geothermal Power Plant
More Legal Security Requested for Geothermal Projects in Switzerland
Following news, that the canton of Jura in Switzerland is considering withdrawing a legally approved geothermal energy project retrospectively, we reported, the…
Nuclear Power Plant
News Russia’s Floating Nuclear Power Plant Enters Full Commercial Operation
The Akademic Lomonosov FNPP was connected to the isolated Chaun-Bilibino electricity network in Pevek December 2019.
Crude Oil
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…
Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.
EV Market
Could Electric Buses Kick-Start Australia’s EV Production Industry?
The current health and economic crisis that we are confronting is full of bad news.
Energy Storage Battery
Tesla Applies for UK Electricity Licence in Potential Big Battery Power Play
While Elon Musk was Tweeting his frank opinion of Tesla’s stock price (and sending it tumbling) over the weekend, news also emerged that the company he co-foun…
Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Coal-Fired Power Plants
Sweden Shutters Last Coal-Fired Generating Plant 2 Years Early
It’s good news when a nation makes plans to rid itself of electricity generated from burning coal. It’s even better news when it does so ahead of schedule.
Crude Oil
OPEC Still has an Important Role to Play in Global Oil Market
Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the d…
Nuclear Policy
Hungarian Minister Highlights Importance of Nuclear Energy
Speaking to the TEOL news service, Süli noted that the Paks plant is Hungary's largest power generator.
Market Analysis
Australia’s Hydrogen Fuel Transition is Great News for the Coal Sector
Australia is launching into a hydrogen fuel transition to gain from Japan’s intentions to become a top H2 energy source adopter. The Australian goal is to beco…
Electric Car
Electric Cars Better for Climate in 95% of the World
Fears that electric cars could actually increase carbon emissions are unfounded in almost all parts of the world, news research shows. Media reports have regula…
PG&E Wins Approval for $23 Billion Bankruptcy Financing Package
Power producer PG&E Corp (PCG.N) said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin News…
Oil & Gas Trade
Venezuela Looks To Play Mediator Between OPEC And Russia
Venezuela is in discussions with OPEC and Russia about the current oil price collapse, Nicolas Maduro said on Thursday at a press conference shown on Twitter, a…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
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