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Oil Price
Russia’s Novak Says 2020 Oil Demand Could Fall by Up to 10 Million bpd
Global oil demand could fall by 9-10 million barrels per day this year due to impact of the COVID-19 pandemic, Russian Energy Minister Alexander Novak said on F…
Thermal Plant
Polish Coal Mine to Boost Efficiency with Caterpillar Cogeneration Systems
Commissioned in June, the system uses coal mine methane to produce up to 12MW of power and 12MW of thermal energy.
Market Analysis
BNEF Mirrors China’s Power System Through 2020
“The world’s largest power system will face serious challenges in the next few years.
Energy Transition
UN Chief Urges Japan, Others to Meet Goals on Climate Change
The United Nations chief urged Japan and other wealthy nations on Thursday to give up their reliance on coal and other fossil fuels and commit to investments in…
Oil & Gas Trade
US Sanctions Chinese, UAE Firms Skirting Iran Oil Embargo
The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo…
Oil & Gas Trade
Russia's Gazprom Starts LPG Supplies to Crimea Via New Bridge
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow anne…
Energy Storage Project
Wartsila to Operate Three Multi-State Storage Projects for Duke Energy
Technology group Wärtsilä has been selected by US utility Duke Energy for the engineering, procurement and construction of three battery energy storage facili…
Chile
Chile: Mainstream Renewable Power Secures Funding for 630MW of Renewable Generation
Mainstream Renewable Power has closed funding of US$620 million for the second phase of the Andes Renovables wind and solar generation platform in Chile.
Nuclear Policy
US DOE Agreed to Remove Plutonium from South Carolina
South Carolina Attorney General Alan Wilson has announced a $600 million settlement between the state and the federal government.
Nuclear Power Plant
Baltic States Agree to Block Nuclear Power from Belarus
The ministries responsible for the energy sector in Estonia, Latvia and Lithuania have reached an agreement to cease electricity trading with Belarus when it co…
Energy Investment
EDP Renováveis to Sell Stake in US Renewable Assets for $700m
Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.
United States
US Announces Funding for Fusion and Carbon Capture Technologies
The US Department of Energy has announced $72m in funding for carbon capture technologies and $29m for fusion research projects.
Power Construction
The Demand for Electricity in Spain Decreases 2.4% in August
37.8% of the monthly generation was of renewable origin: wind energy 15.8%, concentrated solar power 3.5% and photovoltaic 8%.
EV Market
China Lists More NEV Models for Rural Areas
China's ministry of industry and information technology has added more new energy vehicle models in its campaign to promote the use of NEVs in rural areas.
Coal Trade
US Coal Exports Extend Declines
US coal exports fell from year-earlier levels in July as a drop in thermal coal shipments outweighed an increase in metallurgical volumes.
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