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Oil Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Energy Investment
Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
Wind Farm
Northwester 2 Wind Farm Begins Supplying Energy to Belgian Grid
Offshore wind farms developer Parkwind has announced that the 219MW Northwester 2 wind farm has begun supplying clean energy to the Belgian grid.
Solar Power Plant
Innergex Acquires 182.2GWh Solar Farm in Chile
Innergex, an independent renewable energy producer, announced the acquisition of a solar photovoltaic plant in el Salvador, Chile.
Market Analysis
IEA Sees Unique Opportunity for Clean Energy During Covid-19 Crisis
In the midst of a pandemic that’s shaken energy markets to the core and threatens to send the global economy into a depression, renewable energy is holding ste…
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
Solar Power Plant
Turkey Set to Issue Tender for 1GW of Solar Capacity
Turkey’s minister of energy, Fatih Dönmez, has announced plans to revitalize the country’s Covid-19-stricken economy, which include a 1 GW solar tender under…
Australia
Australian Biofuels Industry Says COVID-19 Pandemic the Perfect time
Australia's bioenergy industry is calling on the Federal Government to better promote domestic use of green fuels that are being produced in regional Australia …
French Nuclear Energy Society : Nuclear Essential to Economic Recovery
Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …
Oil & Gas Trade
OPEC+ Responds to Oil Market Collapse with Surprise Urgency
The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.
Oil & Gas Trade
US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week
The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…
US EIA Expects Strong Renewables Generation Growth in 2020
Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…
Hydropower Plant
102 MW Gulpur Hydropower Project Under Construction in Azad Kashmir
Gulpur Hydropower Plant (GHPP) is an under construction. Located on Poonch River, a major tributary of Jhelum River near Gulpur in Kotli District of Azad Kashmi…
Wind Farm
Shared Grid Offshore New England Saves Over $ 1 Billion Onshore
A multi-user, planned transmission system to harness wind power off New England’s coast could result in onshore electric grid cost savings of over $ 1 billion …
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