• Oil Closes Near $46 As U.S. Shale Revival Cancels Out OPEC Efforts

    • Date: 06/05/17
    • Bloomberg

    Oil closed near $46 a barrel in New York, back to levels last seen before the OPEC deal, as the shale revival appears to be making the group’s cuts ineffective. After dipping below $44 Friday, futures pared this week’s decline to 6.3 percent. But, prices remain near their lowest since the Organization of Petroleum Exporting […]

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  • Tesla’s SolarCity’s Installations Crash Nearly 40%

    • Date: 05/05/17
    • Reuters

    Tesla’s SolarCity reported a drop of nearly 40 percent in solar installations for the first quarter on Wednesday, the latest sign of a reversal in fortunes for the once high-flying residential solar industry. In an earnings report this week, Tesla said it deployed 150 megawatts of solar generation in the first quarter of 2017 compared […]

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  • Why India and Pakistan Are Renewing Their Love Affair with Coal

    • Date: 05/05/17
    • Jamie Condliffe, MIT Technology Review

    Much of the world agrees: burning coal is bad, and we ought to do less of it. But not everyone sings from that sheet… … including Pakistan’s Water and Power Ministry. As part of a large infrastructure investment project with China, it’s committed to spending $15 billion on as many as 12 new coal power […]

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  • India Admits It Will Miss Coal Emissions Targets

    • Date: 03/05/17
    • Financial Times

    Power minister takes swipe at west but acknowledges power plants will not meet goals India’s ageing power stations will miss a government deadline to slash their emissions, the country’s power minister has admitted, as he reiterated the country’s longstanding position that the responsibility for tackling global pollution rests squarely with the west. Stricter standards from […]

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  • Another Solar Company Goes Up In Smoke

    • Date: 29/04/17
    • PV Magazine

    HelioPower files for Chapter 11 bankruptcy — The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors. California solar installer HelioPower filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Nevada on Wednesday. The […]

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  • World’s First Commercial Fusion Reactor Takes First Steps Towards Generating Energy

    • Date: 28/04/17
    • Energy Voice

    Britain’s newest fusion reactor has been fired up and taken the UK one step further towards generating electricity from the power of the stars.  Tokamak ST40 fusion reactor The heart of the Tokamak ST40 reactor – a super-hot cloud of electrically charged gas, or plasma – is expected to reach a temperature of 100 million […]

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  • Fast-Rising U.S. Shale Oil Output Puts OPEC Cut At Risk: Rystad

    • Date: 28/04/17
    • Reuters

    Shale oil output in the United States is rising much faster than expected and gaining market share globally, increasing the risk of a “volume war” with OPEC and weaker oil prices, the founder of oil and gas consultancy Rystad Energy said. Rystad Energy expects U.S. shale oil output to grow by 100,000 barrels per day […]

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  • Anti-Shale Europe: Companies Ready To Fund $5.1 Billion For Russia Gas Pipeline

    • Date: 25/04/17
    • The Wall Street Journal

    European energy firms pledged Monday to finance half the cost of a natural-gas link from Russia to Germany, lending support to a pipeline plan that is fueling tensions within the European Union. A consortium of five companies said they would provide up to €4.75 billion ($5.1 billion) in long-term financing to Nord Stream 2 AG, […]

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