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Citi
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.
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Crude Oil
U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve
U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.
Wind Power Project
Citi Financing Leeward Renewable’s $163M Mountain Breeze Wind Farm
Dallas-based wind developer Leeward Renewable Energy LLC has completed the financing for its planned $163 million Mountain Breeze project in Colorado.
Solar Power Plant
New UK Solar Generation Record Set Amidst Air Pollution Collapse
A new peak solar generation record has been set in the UK, with the industry citing a collapse in air pollution levels linked to the country’s lockdown as havi…
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…
Wind Farm
GE Signs Contract for Vietnamese Wind Farm
To formalise the award of the contract, a signing ceremony using video links from five different cities included DECONNIN JSC, HANOINCO JSC, Agribank Trang An (…
Nuclear Power Plant
Fire Raging Near Ukraine's Chernobyl Poses Radiation Risk
A huge forest fire in Ukraine that has been raging for more than a week is now just one kilometre from the defunct Chernobyl nuclear power plant and poses a rad…
Energy Storage Battery
Are Flow Batteries The Future Of Energy Storage?
Rows of huge tanks full of chemical solutions storing energy generated from massive solar and wind farms and powering whole cities: It’s a landscape that mille…
Solar Company
WoodMac Expects 106 GW of Newly Deployed Solar This Year
As Chinese PV manufacturers are now on the way to fully utilizing their production capacities, it is becoming increasingly clear how much coronavirus containmen…
Wind Farm
IPPs to Challenge Eskom's Force Majeure on Wind Farms
Eskom is proposing to curtail operational wind farms citing reduced demand in relation to COVID-19.
Energy Storage Project
Total to Build the Largest Battery-Based Energy Storage Project in France
The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage ca…
Oil & Gas Trade
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude…
Oil & Gas Trade
China to Bump up Strategic Oil Reserves After Price Crash
Citing people with knowledge of the matter that China is considering the possibility of ramping up the country's strategic oil reserves by buying crude now, esp…
Oil & Gas Trade
Kazakhstan in Talks with PetroChina after Force Majeure on Gas Supplies
Kazakh natural gas exporter Kaztransgas is discussing further gas supplies with PetroChina after it issued a force majeure notice citing the coronavirus outbrea…
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