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Hydropower Plant
Calls for more Better Financing and Regulation for Hydro Modernisation in South American
More investment and regulatory support is urgently needed to encourage the modernisation of hydropower projects in South America.
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Nuclear Power Plant
Candu Unit Sets North American Operating Record
Darlington unit 1 has set a new Canadian and North American nuclear record with 895 consecutive days of unbroken operation.
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
Oil & Gas Trade
US Refiners Ramp Up Crude Imports from Mexico to 8-Year High
US crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country…
Power Construction
AEP Energy Signs Power Purchase Agreement with CIP Affiliate
US-based American Electric Power subsidiary AEP Energy has signed a 400MW power purchase agreement (PPA) with a Copenhagen Infrastructure Partners affiliate.
Oil & Gas Trade
Iran Ready to Send More Fuel to Crisis-Stricken Venezuela
Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.
Wind Power Project
Trump Administration Extends Tax Breaks for Renewables Projects
Tax credits worth 2.5 cents per kilowatt hour extended for both wind and solar schemes.
Oil & Gas Trade
Two Iranian Tankers Sail Back After Delivering Fuel to Venezuela
Two Iranian tankers that delivered fuel to Venezuela as part of a five-vessel flotilla have begun to sail back, according to Refinitiv Eikon, as the government …
Solar Power Plant
Excelsior and Unico Solar to Build 250MW C&I Solar Projects
North American renewable energy investor Excelsior Energy Capital has entered into a long-term programmatic joint-venture partnership with solar energy systems …
Oil & Gas Trade
Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market
An armada of Saudi tankers brimming with crude heading to American shores is raising concern over storage space just as a U.S. glut shows signs of easing.
Nuclear Technology
DOE Announces $230M to Build Advanced Reactor Demonstration Project
Building on its contention that nuclear power must be a vital part of the American energy future, the U.S. Department of Energy announced.
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Oil & Gas Trade
North American Oil Producers Cut Output Quicker Than Some Expected
OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…
Thermal Coal
Anglo American Considers Spinning off South African Coal Operations
Anglo American, the diversified miner, prefers to spin off its thermal coal business in South Africa and list it in the next two to three years.
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