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Asian Markets Fall as Coronavirus Hits Earnings, Growth
China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…
How China's oil giants are contributing to anti-virus efforts
People would have never associated China's oil giants with masks without the epidemic, said a vice-chairman of the country's state assets regulator on Tuesday.
Wärtsilä Gets Service Agreement Extension For 25 MW Power Plant
Wärtsilä has signed a four-year extension to its operation and maintenance (O&M) agreement with Cemex Colombia S.A., one of Colombia’s major cement producers…
Power Construction
Greece's PPC Gets EUR 100m from EIB for Grid Modernisation
The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…
Nuclear a Major Focus in Trump’s Latest Budget Request—and 8 Other Takeaways
Yucca Mountain, the 1987 Congressionally appointed deep geologic repository for spent nuclear fuel (SNF), may be officially dead; transmission assets held by th…
Invited for construction of transformer substations
Tenders are invited for construction of transformer substations (technical re-equipment of 110/10 kv vypovzovo substation in desna village, kozelets district, c…
DOE Secretary Says Coronavirus Unlikely to Hurt Energy Markets in Near Term
US Energy Secretary Dan Brouillette played down the effect that a coronavirus outbreak in China would have on energy markets, describing the impact as "marginal…
Crude
Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact
Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…
Offshore Wind Power
Smart Robotics and Automation to Improve Productivity in Offshore Wind
Magnomatics, a magnetic gear manufacturer, has won funding from a key offshore wind supply chain support programme to help solve the challenge of robotic placem…
Solar Power Panel
Germany’s Manmade Lakes Hold Gigawatt-Scale Floating PV Opportunity
Europe’s largest solar market could make huge strides towards renewable targets and de-escalate land conflicts if it acts to promote floating systems on artifi…
Market Analysis
UK Regulator Ofgem Launches Decarbonisation Plan
The UK Government’s Office of Gas and Electricity Markets (Ofgem) has set out its plan to bring the country’s emissions to net zero.
Coal Mine
Angloto Decide This Year on Fate of South African Thermal Coal Assets
Global miner Anglo American expects to decide this year whether to sell its South African thermal coal business, Chief Executive Mark Cutifani told Reuters on M…
Solar Power Plant
Growth Of Solar Energy Isn’t In Line With Needs For Energy Transition
The EU’s photovoltaics installation rate has to increase drastically if we want to meet set renewable energy targets, according to the latest PV Status report …
First Gen Gets Approval to Develop 120-MW Pumped Hydro Facility in Philippines
First Gen Corp. has secured authority from the government to develop a 120-MW pumped storage hydropower facility in the northern Philippine province of Nueva Ec…
Oil & Gas Trade
Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets
Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma…
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