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Market Analysis
Use of Battery Power Storage Seen Accelerating to 2030 and Beyond
With the expansion of renewable power generation, the use of batteries for storing energy is expected to grow faster than other renewable assets by 2030 and bey…
Oil Pipeline
Bulgaria Expects to Finish Russian Gas Pipeline on Time
Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.
Wind Farm
Scout Clean Energy Completes 180MW Wind Farm in Texas, US
US-based renewable energy developer Scout Clean Energy has completed the construction of the 180MW Heart of Texas Wind Farm.
LNG
Shell Weighs Sale of $2 Billion-Plus Stake in Queensland LNG Facilities
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia,…
LNG
Gazprom Threatened with 50 mln Euro Fine by Polish Regulator for Lack of Cooperation
"President of the Office of Competition and Consumer Protection initiated proceedings against Gazprom for lack of cooperation during an anti-trust investigation…
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.
Kyushu Electric Companies Acquiring Thermochem, Inc and Indonesian Subsidiary
Kyuden Group executed share purchase agreement for acquisition of Thermochem.
Offshore Wind Power
Equinor Names New England Offshore Beacon Wind
Norwegian energy company Equinor has given the name Beacon Wind to a planned offshore wind farm off the US New England coast.
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.
Coal-Fired Power Plants
Germany Brings Last New Coal Plant Online
What is expected to be the last new coal plant to come online in Germany entered commercial operation on May 30, more than a decade after it was first planned.
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.
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