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Equinor and Eni to collaborate on floating North Sea wind power

Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.

read more... 07/05/2021

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Chinese duo to build 1.1-GW solar power plant in Brazil

China Development Integration Ltd (CDIL) and China Machinery Engineering Corp (HKG:1829), or CMEC, have inked a deal to finance and construct a 1,100-MW solar power complex in Brazil.

read more... 30/04/2021

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bp, Iberdrola and Enagás to build green hydrogen project at Spanish refinery

Oil giant bp, Spanish utility Iberdrola and energy company Enagás have announced a partnership to explore the feasibility of the development of the largest green hydrogen project at a refinery in Valencia, Spain.

read more... 29/04/2021

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Russia aims to boost oil exports before reaching output peak in 2027-2029

Russia's revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027-2029 and seeing world demand drop, according to a draft document on the development of the sector up to 2035 being reviewed by the State Duma and set to be approved by the government April 22.

read more... 15/04/2021

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China coal plant booms in 2020 despite retreat globally

A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.

read more... 07/04/2021

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