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SOUTH AFRICA: Exxaro Buys Out Tata Power's Shares Held in Cennergi Joint Venture
Khopoli Investments, a subsidiary of the Indian giant Tata Power, has just sold all its shares in Cennergi to the South African company Exxaro Resources.
Wave Energy
Eco Wave Power to Build 20MW Wave Energy Project in Portugal
EWP receives concession for APDL’s breakwaters for a period of up to 30 years to build wave energy power station.
Clean emission
Siemens Gamesa Tackles Wind Supply Chain Emissions in Net-Zero Strategy Step-Up
OEM takes on 'Scope 3' CO2 among climate measures including increasing electricity supply from renewable sources in 'more countries'.
SMR
New Recommendations on Safety of SMRs from the SMR Regulators’ Forum
Increasing access to electricity and powering economies while minimizing greenhouse gas emissions are central goals of many governments, including small modular…
Oil & Gas Trade
Saudi Arabia may Re-route Tankers if U.S. Imposes Crude Import Ban
Saudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports …
Oil Price
Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash
Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…
Supply of switches of access level 10 and 11 of types
Tenders are invited for supply of switches of access level 10 and 11 of types in 2020-2022
Oil&Gas Drilling
Aker BP Postpones Oil Developments Amid Market Turmoil
The company has suspended all oil and gas development projects that have not yet received board approval because of the coronavirus-related plunge in crude pric…
Solar Power Plant
Germany has 200,000 Solar-Plus-Storage Systems
EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and elect…
Oil Price
How Nigeria Can Leverage on Negative Oil Prices
Governments of oil producers like Nigeria, whose economies were already reeling from the headwinds brought on by COVID-19 must have been wondering what they wou…
Crude Oil
Mexico's President Fears The Economic Consequences As Oil Prices Go Negative
Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…
Crude Oil
Trump Calls for U.S. Oil Industry Bailout as Prices Plunge
U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survi…
Oil Price
The Worst Is Yet To Come For Oil Prices
Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday.
Coal Mine
Citi Stop Working with Hermal Coal Miners, to Reject Funding for Arctic Oil, Gas Exploration
Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossi…
Capstone Turbine to Launch Innovative Animal Waste Biogas Project
The 800kW biogas-powered facility will use a digester to process the organic biomass coming from the city of Handa.
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