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Energy

Asia to dominate global LNG regasification capacity additions through 2028

Asia to dominate global LNG regasification capacity additions through 2028 Asia will continue to dominate the global liquefied natural gas (LNG) regasification capacity additions, contributing about 68% of the total capacity additions between 2024 and 2028, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “LNG Regasification Industry by Capacity and Capital Expenditure with Details of All Operating and Upcoming Terminals to 2028,” reveals that...

Nigeria to Expand Access to Clean Energy for 17.5 Million People

Nigeria to Expand Access to Clean Energy for 17.5 Million People The World Bank: today approved the Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project, which is financed by an International Development Association* (IDA) credit of $750 million and will leverage over $1 billion of private capital and significant parallel financing from development partners, including $100 million from the Global Energy Alliance for People...
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Global demand is set to drop by 5%, investment by 20%

Global demand is set to drop by 5%, investment by 20% The COVID-19 pandemic has caused more disruption to the energy sector than any other...

Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide

Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide Renewable energy continues to bring socioeconomic benefits by creating numerous jobs worldwide, according to the latest...

Global power industry tenders: Thermal technology up 22% in August 2020

Global power industry tenders: Thermal technology up 22% in August 2020 Thermal technology tenders activity in August 2020 saw 182 tenders announced, marking a rise...

Middle East and Africa power industry tenders up 2% in August 2020

Middle East and Africa power industry tenders up 2% in August 2020 Middle East and Africa power industry tenders activity in August 2020 saw...

Middle East remains on track to bring significant refining capacity online

Middle East remains on track to bring significant refining capacity online After years of talk about the declining role of oil in the global economy,...

Global oil & gas industry M&A deals total $5.6bn in February 2020

Global oil & gas industry M&A deals total $5.6bn in February 2020 Total oil & gas industry M&A deals in February 2020 worth $5.6bn were...

Renewables Account for Almost Three Quarters of New Capacity in 2019

Renewables Account for Almost Three Quarters of New Capacity in 2019 The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019,...

Coronavirus pandemic disrupts the global solar PV supply chain

Coronavirus pandemic disrupts the global solar PV supply chain The disruption caused by the coronavirus (COVID-19) pandemic on Chinese solar photovoltaic (PV) manufacturing companies has...

Oil’s demand plunge doing more damage than the price war

Oil’s demand plunge doing more damage than the price war Imagine U.S. President Donald Trump makes a deal with Saudi Arabia and Russia to cut...

Oil and gas critical to Aberdeen’s ambitious plans to become a clean energy hub

As a gateway to the North Sea, Aberdeen has been pivotal to the success of the oil and gas industry, but much is now...

How much electricity subsidies have cost GCC over the past 20 years?

How much electricity subsidies have cost GCC over the past 20 years?t he current electricity pricing policy in the Gulf Cooperation Council (GCC) countries is...

What is the cost of the Airline Strikes of 2019

What is the cost of the Airline Strikes of 2019 Passing year has been another year fraught with strikes, costing the aviation industry billions. With...