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Crude Oil
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
Wind Turbine
UK Targets More Sustainable Composites
There are currently significantly limited commercial recycling routes for wind turbine blades in the UK, and very few options in Europe as a whole.
Nuclear Power Plant
Nuclear's Role Recognised in US Decarbonisation Plan
The US House Select Committee on the Climate Crisis has released a report establishing a goal of reaching net-zero greenhouse gas emissions economy-wide in the …
South Africa
SA's Sasol to Sell Escravos Gas-to-Liquids Plant to Chevron
South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids plant in Nigeria to Chevron for an…
Electricity Transmission
Nepal Receives $200m ADB Loan for Power Transmission System Upgrades
The Asian Development Bank has agreed to give a $200m concessional loan to help upgrade power supply and transmission systems in Nepal.
Energy Transition
Japanese Firms Urge Government to Shift to Renewables
They also recommended introducing carbon pricing.
Power Construction
China's Power Demand to Remain Flat in 2020
Power consumption fell 6.5% in Q1, but growth has recovered recently.
Hydropower Plant
Tajikistan Hydro Project Receives $50m Rehabilitation Funding
The World Bank has approved additional grant financing of $50m for a second phase of rehabilitation at Nurek hydropower plant in the central Asia country of Taj…
Energy Investment
Spain's Cabrera Solar Project Receives EIB Investment
The European Investment Bank has decided to invest €43.5m in Cabrera Solar Project in Andalusia, Spain.
India: Amendments to the Electricity Act Should Have Consent of States
Amending the Central Electricity Act 2003 is an attempt by the government to change the course of policy direction and its implementation in the power sector.
Market Analysis
UK Government's Advisers Urge it to Back Hydrogen Economy in Stimulus Plans
Official climate advisers call for accelerated support for demo projects. Meanwhile, new research shows how hydrogen could be ramped up without direct subsidies…
Biomass Power Plant
Biomass CHP Plant Reduces NOx Emissions by 90%
A new biomass-fired combined-heat-and-power plant has recently been commissioned in Andijk, the Netherlands for the production of heat and electricity from prun…
Oil Price
Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump
Extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U…
Egyptian Firm Globaltronics to Receive $10m from IFC to Improve Energy Efficiency
The Egyptian supplier of electric energy meters, Globaltronics, will obtain an investment of $ 10 million from the International Finance Corporation.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
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