Latest news

Rosatom, Framatome, GE agree to partner in tender for Bulgarian NPP project

Russian nuclear energy corporation Rosatom said on Thursday that it has signed memorandums of understanding (MoU) with France's Framatome and US-based General Electric Steam Power to submit a joint bid for taking part in the tender for construction of Belene nuclear power plant (NPP) in Bulgaria.

read more... 19/06/2020


Russia expects oil cuts of 5 mln bpd on top of OPEC

Russian Energy Minister Alexander Novak said on Friday he expected oil production cuts by countries outside of the OPEC+ group to amount to 5 million barrels per day (bpd).

read more... 13/04/2020


Wind, solar secure 1.4GW in latest French tenders

The French Ministry for the Ecological and Inclusive Transition has procured approximately 750MW of wind and 630MW of ground-mounted photovoltaic capacity in its latest round of tenders.

read more... 03/04/2020


'Hydrogen could meet quarter of world's energy needs – at $11 trillion cost'

A hydrogen economy powered by vast amounts of renewables could meet a quarter of the world’s energy needs by 2050 – but will need $11 trillion of spending on infrastructure and a $150bn subsidy kick-start, said BloombergNEF.

read more... 31/03/2020


Saudi Arabia announces $32 billion in emergency funds to mitigate oil, coronavirus impact

Saudi Arabia’s government unveiled stimulus measures amounting to 120 Saudi billion riyals ($32 billion) on Friday to support an economy hit by the double blow of the coronavirus crisis and dramatically lower oil prices.

read more... 23/03/2020