Oil prices rebound after ‘Black Monday’ shocks, but outlook volatile
Stocks and oil prices have steadied and even bounced back after a “Black Monday” that saw them fall dramatically. Coronavirus…
US: New 3.6 bln. USD, 2,200 MW hydropower pumping storage facility
The US energy regulator has accepted Daybreak Power’s application for a preliminary permit for its proposed 2,200 MW Navajo Energy…
Oil hits 3-month highs on upbeat U.S. and Chinese economic data
Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an…
Porsche plans to beat Tesla in the US e-cars market
German luxury car maker Porsche has announced an ambitious plan to fight the market for electric cars with Tesla’s dominant…
India is now producing the world’s cheapest solar power
India is now producing the world’s cheapest solar power, according to an International Renewable Energy Agency (IRENA) survey. The costs…
Trump and Iohannis review Black Sea gas, nuclear energy stressed as of major importance for US
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
Ten 100MW-plus wind farms commissioned in July
The ten largest wind farms Windpower Intelligence has identified as coming fully online in July all have a capacity of…
Why natural gas can’t blow off biogas threat any more
Natural gas is already facing competition from wind and solar in some markets, and biogas has also been nipping at…
EU, US, Egypt warn Turkey over drilling off Cyprus
The United States and Egypt warned Turkey against escalating tensions in the eastern Mediterranean over its attempt to drill for…
US: Lead batteries poised to support electric vehicle charging stations
Plans to introduce lead battery-supported electric vehicle (EV) charging stations have moved a step closer thanks to funding through a…
Russia’s Sechin accuses U.S. of using energy as a political weapon
Igor Sechin, CEO of Russian oil giant Rosneft, accused the United States of using energy as a political weapon and…
Oil at $100? Experts predict where crude could go if an Iran conflict breaks out
Oil is in the crosshairs as the prospect of confrontation brews between the U.S. and Iran. A top military aide…
Bulgaria takes 140 mln. cm of gas from US, announces Greece pipe works
Bulgaria has negotiated a new 140 million cubic meters of gas other than Russian supplies of the fuel. This was…
US energy department rebrands gas exports ‘molecules of freedom’
US energy officials appeared to rebrand natural gas produced in the country as “freedom gas”, in a statement announcing an…
US energy storage market set to almost double this year
The solar-plus-storage combination is super-charging the deployment of batteries across the country and IHS Markit says the U.S. will become…
Renewable energy is taking strides towards a subsidy-free era – EY report
The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY…
China’s LNG tariff threatens Trump energy export goal
China’s move to increase tariffs on $60bn in US goods targets a commodity central to the Trump administration’s goal of…
In April, the US used more renewable energy than coal
A momentous change took place in the US, and it was largely fueled by one of the more unlikely places:…
U.S. seeks to challenge China’s electric-vehicle supply chain dominance
An U.S. senator plans to introduce legislation to streamline regulation and permitting requirements for the development of mines for lithium,…
America’s renewable energy set to surpass coal for the first month ever
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate…
New Gas Directive opens the way for a common EU approach on Russian imports
The EU Council agreement on its negotiating mandate under the Romanian Presidency of the EU Council came as a rather…
Russia accuses U.S. of forcing Europe to buy LNG, follows own export interest
Russian Energy Minister Alexander Novak on Tuesday accused the United States of forcing Europe to buy its liquefied natural gas…
The US has approved the USD 1 billion CEE project to ensure independence from Russia
US House of Representatives voted last week the draft law on assisting countries in Central and Eastern Europe on the…