Latest news
Offshore wind investments grow ‘colossally’ in first half of 2020
Offshore wind financings in the first half of 2020 totalled $35bn up 319% year-on-year, according to a new report
read more... 15/07/2020
Covid-19 to curb EU power prices to 2022 – study
A recession owing to the coronavirus pandemic is likely to supress European power prices for at least the next two years and risks stalling clean energy investments, Aurora Energy Research said on Wednesday.
read more... 23/04/2020
Equinor slashes investment, spending in $3 billion coronavirus package
Norwegian oil firm Equinor will cut investments, exploration drilling and operating costs as part of a $3 billion plan to help the company weather the coronavirus crisis and low oil prices, it said on Wednesday.
read more... 25/03/2020
Nearly $640 bln coal investments undercut by cheap renewables - research
Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.
read more... 13/03/2020
Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced. The companies may spend up to $20 billion on oil projects in Iraq, Fyodorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Al-Husseini, according to Russian media.
read more... 11/02/2020