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Energy investment set to plummet in 2020 as global lockdown takes its toll
Renewables are proving more resilient than fossil fuels, although green investment continues to fail to meet Paris Agreement requirements
Alaska LNG obtains federal authorisation
The proposed Alaska LNG project has obtained federal authorisation to proceed, though the approval comes at a particularly challenging time for the LNG market, which threatens to derail new projects.
Tests start at Swedish carbon capture plant
Marcellus edges out Permian to become top destination for frack crews
The Marcellus shale has edged out the Permian Basin as the top destination for hydraulic fracturing crews, according to investment advisory firm Tudor, Pickering, Holt & Co.
Global wind turbine supply reaches record levels
Vestas, Siemens Gamesa emerge as the world’s leading turbine manufacturers, as the industry posts record installations in 2019.
Canada looks forward to future deal surge
Canada’s oil industry is hoping for a resurgence of mergers and acquisitions, but only expects it to come after the world succeeds in rebounding from COVID-19.
Russia could seek to extend OPEC+ output cuts
Polish and Baltic states’ power grid operators ask EU for €1.2bn to fund syncing of their energy systems
Good news for Nigeria?
Nigeria has released some encouraging economic data from the first quarter, but it should not start celebrating just yet.
Romania to break nuke plant expansion agreement with Chinese partner
State-controlled nuclear energy producer Nuclearelectrica will begin talks to terminate the agreement signed with China's CGN on the construction of two new reactors at the Cernavoda.
Mozambique LNG group secures more than $14bn worth of loans
France’s Total and its partners in the Mozambique LNG project are reportedly gearing up to sign a credit deal worth more than $14bn with a group of banks.
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