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BP is Pulling Out of Three Trade Groups Over Climate Policies
BP is withdrawing from three trade groups over climate policies, a move that comes after the company vowed to reach net-zero carbon emissions by 2050.
Coal-Fired Power Plants
RWE, SSE Shut Coal Plants – Only Four Left in Britain
UK energy giants SSE and RWE have shut down their last two coal-fired plants – the Fiddler's Ferry power station in Warrington.
Energy Storage Technology
Gravitricity to Explore South African Mine Energy Storage Potential
Energy storage company gravity has secured £300,000 in funding from Innovate UK's catalyst project.
Wind Farm
RES Sells Buheii 79.8MW Wind Farm to GIG in Norway
Buheii onshore wind farm is located in southern Norway.
Offshore Wind Power
Deutsche Bank Closes Hedge for 589MW Taiwan Offshore Wind Farm
Multinational investment bank Deutsche Bank has closed a deal contingent interest rate swap for an offshore wind farm in Taiwan.
Inviting tenders for the construction of a solar water distribution system
Tenders are invited for construction of a solar water distribution system supporting the project following in the footsteps of Father Within the 37th Army Milit…
Market Analysis
IEA: This Oil Shock Is The Worst In History
The world has seen some oil shocks before, but “none has hit the industry with quite the ferocity we are witnessing today,” the IEA said on Wednesday in an ar…
20 Kv Overhead Lines and Overhead Lines
Tender are Invited for outsourcing Visit and Service of 20 Kv Overhead Lines and Overhead Lines in one of the Two Areas of Tabriz Electricity Distribution Compa…
Nuclear Power Plant
COVID-19 May Delay Vogtle Nuclear Expansion
Southern Co. in a filing with the Securities and Exchange Commission (SEC) on April 1 said the COVID-19 pandemic “could disrupt or delay construction, testing,…
Electric Car
Why EVs are Greener than Gasoline And Diesel Powered Vehicles
While electric vehicles are often touted as the climate-friendly green alternative to standard combustion engines, there are some people that question whether t…
Market Analysis
Solar Emerging as Best Bet for West Africa’s Future Energy Mix
The countries of West Africa should make solar PV the “prime source” in their future energy systems as they decarbonize in the decades leading up to 2050, acc…
Crude Oil
BP Reduces Investment Plan by 25% in 2020 to US$12bn
BP has cut its 2020 spending plan by a quarter, from US$15bn to US$12bn, including a US$1bn reduction investment in short-cycle onshore activity.
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Offshore Wind Power
Iberdrola to Develop Two Floating Offshore Wind Demonstration Projects
Spanish electric utility company Iberdrola will be developing two demonstration projects to further strengthen its position in the floating offshore segment.
Electric Car
Volkswagen Maintains its Belief in the Future of Electric Cars
The automaker recently published several new official blog posts mentioning its optimism.
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