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Nuclear Power Plant
Uzbek, Hungarian Ministers Discuss Cooperation in Nuclear Energy
The leadership of the Ministry of Energy of Uzbekistan met with a Hungarian delegation to Tashkent last month.
Energy Technology
World's First Carbon-Negative Hydrogen Project gets Green Light
A final investment decision has been taken to move forward with the world’s first carbon-negative hydrogen commercial pilot project
LNG
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Thermal Plant
Climate Targets Warrant Closure of All Gas, Coal Power Plants Soon, Study Shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming.
Market Analysis
UK Double-Record: Electricity Prices and Carbon Emissions Hit New Lows
Both negative electricity pricing and carbon dioxide emissions from the UK's electricity sector hit record lows over the weekend.
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
Clean emission
Microsoft: ‘carbon-Negative’ by 2030 even for Supply Chain
Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits.
LNG
Australia's LNGL Plans Sale of Magnolia LNG Project
Australian firm LNG plans to sell the 8mn t/yr Magnolia LNG project in Louisiana for $2.25mn to a firm called Global Energy Megatrend.
Coal Price
The Coronavirus Pandemic is Accelerating Coal's Demise
Prices haven't yet turned negative (like oil), but coronavirus is accelerating the demise of the dirtiest fossil fuel.
Market Analysis
America’s Green Fuel Is Likely to Escape Negative Prices
The American ethanol industry has been absolutely pummeled in the last year, forcing a wave of production shutdowns across the Midwest.
Crude Oil
Trump Says "Looking to" Add 75 mln Barrels of Oil to Strategic Petroleum Reserve
U.S. President Donald Trump said on Monday that the United States is "looking to" add 75 million barrels of oil to its Strategic Petroleum Reserve (SPR) as oil …
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…
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