Finance
2020, August, 4, 14:20:00
FLOATING OFFSHORE WIND FINANCE
Non-recourse finance, which allows lenders to be repaid from the profits of a project and have no claim over the assets of the borrower, will likely be available to upcoming floating wind projects as the market reaches an initial stage of maturity,
2020, August, 4, 14:15:00
ARGENTINA'S DEFAULT $65 BLN
A major grain producer and once one of the world’s wealthiest countries, Argentina fell into its ninth sovereign default in May
2020, August, 4, 14:10:00
EXXON LOSS $1 BLN
Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion,
2020, August, 4, 14:05:00
BP LOSS $16.8 BLN
BP Reported loss for the quarter was $16.8 billion, compared with a profit of $1.8 billion for the same period a year earlier,
2020, August, 3, 12:25:00
CHEVRON NET LOSS $ 8.3 BLN
Chevron Second quarter loss of $8.3 billion; adjusted loss of $3.0 billion
2020, August, 3, 12:20:00
U.S. BIOPOWER DEVELOPMENT
the U.S. Department of Energy (DOE) announced more than $97 million in funding for 33 projects that will support high-impact technology research and development to accelerate the bioeconomy.
2020, August, 3, 12:15:00
U.S. GEOTHERMAL ENERGY DEVELOPMENT
the U.S. Department of Energy (DOE) announced that five projects will receive up to $28 million to promote the advancement of the next generation of geothermal energy technologies.
2020, August, 3, 12:10:00
PAKISTAN'S COAL ENERGY UP
According to data provided by National Electric Power Regulatory Authority (NEPRA), Pakistan’s coal-fired power generation increased by 57 per cent in FY20. Moreover, coal made up about a fifth of Pakistan’s total output.
2020, August, 3, 12:05:00
SHELL, ENECO RENEWABLE INVESTMENT
The CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, is delighted to have been awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord).
2020, August, 3, 12:00:00
CHEVRON, ALGONQUIN RENEWABLE ENERGY
Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. ("Algonquin") (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects
2020, August, 3, 11:55:00
TOTAL NET INCOME $0.13 BLN
In this historically difficult context, Total demonstrates its resilience, reporting $3.6 billion of cash flow,
2020, August, 3, 11:50:00
GAZPROM'S PAYMENT TO POLAND $57 MLN
Poland sees Nord Stream 2, which would double Russia’s gas export capacity via the Baltic Sea, as a threat to Europe’s energy security,
2020, July, 31, 10:20:00
U.S. GDP DOWN
U.S. real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020
2020, July, 31, 10:15:00
ASIA'S SHARES UPDOWN
China’s official Purchasing Manager’s Index (PMI) data showed that factory activity grew in July for a fifth straight month and at a faster pace,
2020, July, 31, 10:10:00
GOLD PRICE UP AGAIN
Spot gold was up 0.4% at $1,967.53 per ounce, U.S. gold futures rose 1% to $1,961.30.