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Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
Coal Production
Mongolia's Coal Production Drops by 50% in the First Half of 2020
Mongolia’s coal production from January to June 2020 was 12.474 million tons, a decrease of 12.48 million tons or 50.0% from the same period last year.
France
Schneider Electric Expects Lower Annual Revenue, Margin on Virus Uncertainties
Schneider had previously forecast organic revenue growth and a higher core profit margin for the year, but scrapped this in March due to the pandemic
South Africa
Sasol to Sell World's Biggest Oxygen Production Site to Air Liquide
Air Liquide, an industrial gases company that has been present at the site since 1979 and already owns and operates one other air separation unit.
Wind Turbine
Greenko Selects ONYX InSight to Modernise Indian Wind Turbine Fleet
Independent power producer Greenko has partnered with predictive analytics firm ONYX InSight to modernise 500 wind turbines in their fleet.
Biomass Power Plant
MHI Unit to Refurbish Tokyo Waste-to-Energy Plant
A division of engineering, procurement and construction (EPC) firm Mitsubishi Heavy Industries will refurbish a 22MW waste-to-energy power plant in Japan.
Nuclear Power Plant
Czech Republic and CEZ Sign Nuclear Power Plant Expansion Agreement
The Government of the Czech Republic has signed agreements with state-controlled utility company CEZ for the expansion of the Dukovany nuclear power plant.
Spain
SABIC Chemical Pant in Spain to Operate on 100% Renewable Energy
Saudi Basic Industries Corporation (SABIC) signed an agreement Iberdrola, one of the world’s biggest electricity utility companies, to convert its polycarbonat…
Netherlands
Wayland Energy to Drill Wells for Geothermal Heat Project Late
Dutch Wayland Energy plans to start drilling for its Bergschenhoek geothermal project in the Netherlands in late 2020/ early 2021.
China
Why China has Become the World Leader in Renewable Energy
China is the world's largest emitter of greenhouse gases, using fossil fuels to drive rapid industrialisation.
Market Analysis
Consortium Looks at Portugal’s Hydrogen Future
EDP, Galp, Martifer, REN and Vestas have joined forces to evaluate the creation of a green hydrogen industrial cluster in Sines, Portugal, as part of the H2Sine…
Solar Power Plant
KenGen Set to Install Solar Power Plants in the Reservoirs of 3 Dams
The Norwegian company Multiconsult recently indicated that it will conduct studies to determine the potential for several floating solar power plants in the bas…
Solar Power Panel
Brazil Zero Rates Import of Certain Solar Products
Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.
United States
Another Permian Oil Producer Files For Bankruptcy
Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil pr…
Norway
How One Oil Major Excelled As Prices Crashed
When oil prices plunged to historic lows in April, the majority of oil producers, including OPEC+ nations, responded by drastically cutting production to get ri…
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