In line with plans to localise the production of renewable energy in Saudi Arabia as part of its Vision 2030 economic diversification push, seven photovoltaic solar power projects with a capacity of 1.52 GW and worth $1.51bn (SAR5.6bn) were launched on the side-lines of the recently concluded Saudi Elenex exhibition.

«Мы в России высоко ценим последовательную позицию австрийской стороны и в поддержке проекта газопровода «Северный поток-2», нацеленного на обеспечение энергобезопасности всего евразийского континента», - отметил Владимир Путин.

Global energy investment totalled more than USD 1.8 trillion in 2018, a level similar to 2017. For the third year in a row, the power sector attracted more investment than the oil and gas industry.

Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina,

The Government of the Russian Federation has approved the plan to develop the investment project aimed at building a LNG terminal in Murmansk Region.

General Electric will build and equip a new 500 megawatt (MW) coal-fired power plant in Kosovo

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019,

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.

France's ambitious energy plan will require substantial investment efforts over the next few years. Against this backdrop, the French government has expressed a willingness to propose a new remuneration framework for the existing nuclear fleet - though the timing and details of such a regulatory change remain uncertain and remote. What's more, the French state has opened the option of increasing its stake in EDF (currently 83.7%) by as early as 2019. If, or indeed when, these developments are implemented it could be credit positive.

Most of the systems in the U.S. were constructed in the 50s and 60s and they had a life expectancy of 50 years. Today, almost all operate at maximum capacity and they are all stretched to the limit. With population growth, spiraling demand, changes in power generation and mandates for the use of clean and renewable energy sources, change must come quickly.

World capital expenditure for both LNG plant and upstream infrastructure will total more than $200bn between 2019 and 2025.

The Council argues its point by noting that nuclear energy provides 11% of the world's electricity in a reliable fashion, at a very low cost, and with zero emissions. According to the industry organization, these are the reasons behind the recent proliferation of nuclear power stations in China, the United Arab Emirates, Finland, and the United Kingdom.

"In California, one of the sunniest places in the world, it still takes 450 times more land to produce the same amount of electricity from solar as it does from nuclear," he said. "Why do solar panels require 17 times more material, 17 times more land chewed up for mining than what uranium requires? The answer is energy density, which is what makes nuclear power an environmentalist's story."

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, forecast in its MENA Annual Energy Investment Outlook 2019 that current and planned energy investments in the region add up to $1trn for the next five years.

France's ambitious energy plan will require substantial investment efforts over the next few years. Against this backdrop, the French government has expressed a willingness to propose a new remuneration framework for the existing nuclear fleet - though the timing and details of such a regulatory change remain uncertain and remote. What's more, the French state has opened the option of increasing its stake in EDF (currently 83.7%) by as early as 2019. If, or indeed when, these developments are implemented it could be credit positive.