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United Kingdom
46 GW Increase in Renewables Required by 2030 in the UK
Forecasts from analyst Cornwall Insight’s ‘Benchmark power curve’ suggests that up to about 46 GW of new build renewable technology may need to be developed …
Electric Car
China's NEV Output Sees First Yearly Growth in July
China's July new energy vehicle (NEV) production and sales increased for the first time in 2020 compared with a year earlie
Breaking Down the Oil Outlook as OPEC Increases Production
Prosper Trading Academy CEO Scott Bauer to discuss the outlook for oil as looming OPEC supply surge adds to demand woes.
Coal Trade
China's July Coal Imports Rebound
China's overall coal imports increased in July from a month earlier, which was partially a result of cargoes booked in previous months being cleared in July.
EV Market
Gilbarco Analyzes Electric Vehicle Market In South America
Electric vehicles, with each passing year, spreads on the streets of different countries of the world, and are seen with increasing frequency, with automakers i…
Oil & Gas Trade
Ukraine to Increase Domestic Natural Gas Production
Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr…
China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.
Biobattery
BP Net Zero Strategy Features Increased Bioenergy Production
BP on Aug. 4 announced a new strategy to transform from an international oil company focused on producing resources to an integrated energy company.
Biomass Power Plant
UK Biomass Generation Rises with Grid Demand in July
The UK's biomass-fired generation increased on the month and year in July as Covid-19 lockdown measures eased, resulting in extra demand on the power grid.
Oil Pipeline
Trump Allows Existing Keystone Oil Pipeline To Boost Capacity
TC Energy, the right to increase the maximum throughput capacity, while the Keystone XL project continues to face significant legal hurdles to starting construc…
United States
Could Rising US-China Tensions Change Global Energy Markets?
The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War…
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
IFC Assists SMEs in Nigeria to Navigate Economic Challenges
International Finance Corporation is providing a loan of up to $50 million to Access Bank to help the bank increase liquidity to thousands.
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Thermal Plant
India's NTPC Expands Thermal Generation Capacity
Indian state-controlled power utility NTPC has increased its thermal generation capacity through the addition of an 800MW second unit at the Lara thermal power …
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