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Market Analysis
Rising Chinese Hydropower Weighs on Coal Consumption
An increase in hydropower output in south China, from heavy rainfall as well as enhanced delivery of hydropower across provinces following the recent completion…
Oil Price
Bulgaria to Set up a State-Owned Oil Company
Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.
Oil Price
Oil Moves Lower as U.S.-China Tensions Weigh
Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a dea…
Market Analysis
Helping China Cut Carbon Emissions isn't a Financial Game Every Business Can Play
China is the world's largest consumer of coal, and accounts for nearly half of global investment in renewable energy.
LNG
Consortium Commits $15bn Toward LNG Project in Mozambique
A mozambican LNG project is expected to sign an agreement in June 2020 with financing commitments of $15 billion.
Energy Saving Products
Partnership Brings Solar Water Heating into South African Homes
A partnership formed between Electrolux Africa, the subsidiary of Swedish household appliances group Electrolux, and PowerOptimal, a supplier of energy manageme…
Oil & Gas Trade
US Sanctions Four Shipping Firms for Transporting Venezuelan oil
The US Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort t…
ITER
Ansaldo Nucleare-Led Consortium Wins €10m Contract for Fusion Project
The European Commission, through the General Directorate for Research and Innovation, has awarded a four-year €10m Framework Contract to a consortium led by An…
Solar Power Plant
DEPCOM Begins Construction of 113MW Altavista Solar Project in US
Depcom Power has started construction works on its 113MW Altavista Solar power plant in Virginia, US.
Implement Projects Of Development
Tender are invited for Implement Projects Of Development And Construction And Improvement Distribution Networks In Movable Way
Wind Farm
EDF and Partners Start Construction of France's Fecamp Wind Farm
EDF Renewables (EDF.PA) and energy companies Enbridge Inc (ENB.TO) and wpd announced on Tuesday the start of construction of the Fecamp offshore wind farm in no…
Offshore Wind Power
Vattenfall Calls Out UK Government Over Offshore Wind Project Delays
The UK’s Department for Business, Energy & Industrial Strategy (BEIS) has postponed the statutory deadline for the decision on planning consent for the 1.8 GW …
Nuclear Policy
EU and Others 'Regret' US Decision on Iran Sanctions
The European Union plus France, Germany and the UK have said they "deeply regret" the USA's decision to end three sanction waivers covering Joint Comprehensive …
Nuclear Equipment
Foundation Completed for Hinkley Point C unit 2
Construction of the 49,000-tonne concrete basemat for the nuclear island of the second unit at Hinkley Point C has been completed.
Oil & Gas Trade
U.S. LNG Exporters Face New Test as China Tensions Resurface
U.S.-China tensions have bubbled up again, and commodity markets could be caught up in the turmoil, not least LNG.
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