energy risk

China offers to buy 5 percent of Saudi Aramco directly – Reuters – 16/10/2017

China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stock market.

Source:  Reuters, 2017/10/16

By |October 19th, 2017|Categories: News|Tags: , , |

Australia to abandon clean energy target – Financial Times – 17/10/2017

Australia plans to ditch its clean energy target aimed at curbing greenhouse gas emissions in favour of coal power generation, in a scheme that echoes US President Donald Trump’s energy policies.

Source:  Financial Times, 2017/10/17

By |October 19th, 2017|Categories: News|Tags: , , |

Norwegian firm signs $2.9 billion deal to develop 2GW solar farms in Iran – Climate Action – 19/10/2017

Norwegian solar panel maker Saga Energy signed a deal worth $2.9 billion with Iran's state-owned company Amin Energy Developers to develop solar farms around the country totaling 2GW of installed capacity.

Source:  Climate Action, 2017/10/19

By |October 19th, 2017|Categories: News|Tags: , , |

Germany risks reputation with climate goals failure – DW – 08/09/2017

Germany is jeopardizing its reputation as a global leader on climate action by missing its own 2020 greenhouse gas emissions-reduction target, a leading think tank says. Outcome of upcoming elections will be decisive.

Source:  DW, 2017/09/08

By |October 19th, 2017|Categories: News|Tags: , , |

Norway Looks To Reduce Its Dependence On Oil – Oilprice.com – 05/10/2017

Western Europe’s biggest oil and gas producer, Norway, will start to analyze ways to cut its dependence on oil and gas, because fossil fuels are bound to lose value over time with the energy transition, Norway’s Minister of Climate and Environment, Vidar Helgesen, told Reuters on Thursday.

Source:  Oilprice.com, 2017/10/05

By |October 19th, 2017|Categories: News|Tags: , , |

IMF, Ghana deliberate on mode of issuing energy bond – Citifonline – 10/10/2017

Citi Business News has gathered that the delay in issuing the Energy Sector bond is due to an inconclusive meeting with the International Monetary Fund on the categorization of the bond. An earlier statement from the Finance Ministry indicated that, government will issue the 2.5 billion dollar energy sector bond in September this year.

Source:  Citifonline, [...]

By |October 19th, 2017|Categories: News|Tags: , , |

Australia: Giant electricity machine is degrading – Financial Review – 26/09/2017

After debating about how to run it for more than a decade, the giant machine that provides electricity to the east coast of Australia continues to slowly degrade. Higher prices are a market signalling supply shortages. The threat of blackouts is the next logical warning of what happens when we manage to argue about a [...]

By |October 12th, 2017|Categories: News|Tags: , , |

Canada’s renewable energy growth projections scaled back after Ontario scraps clean energy program: Report – Financial Post – 04/10/2017

A new report expects growth in Canadian renewable energy capacity to slow in the next five years compared to earlier projections, a decrease that comes after Ontario scrapped a contentious clean energy program aimed at boosting wind and solar supplies.

Source:  Financial Post, 04/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

What’s at Risk for Energy If Trump Kills the Iran Deal – Bloomberg – 10/10/2017

Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on OPEC’s third-largest crude producer.

Source:  Bloomberg, 10/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

India Wants Foreign Investors For $300B Worth Of Energy Projects – Rigzone – 10/10/2017

India wants to attract foreign investors to $300 billion worth of energy projects planned for the next decade, its oil minister said, as the world's third biggest oil consumer aims to cut imports.

Source:  Rigzone, 10/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |