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Category archives for power plant

European energy company debt jumps 50% since the beginning of 2020 to 1.72 trillion dollars

  • 19 July, 2022
  • 4:56 pm EEST

European energy companies are facing many challenges, amid continuing to bleed losses and debts, and searching for ways to finance their businesses, whose costs have increased in light of the rise in oil and gas prices. And energy prices in…

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Germany restarts 16 coal and oil power plants

  • 18 July, 2022
  • 5:28 pm EEST

Germany intends to restart 16 power plants running on fossil fuels, mainly coal and oil, to avoid electricity shortages due to an expected Russian cut in exports to Berlin, The Kyiv Independent reported on Sunday 17 July. The newspaper pointed…

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The renewable energy maintenance market could reach $250 billion by 2030

  • 22 June, 2022
  • 6:27 pm EEST

Emission reduction targets boost global spending on maintenance in the renewable and low-carbon sectors, slowly pulling the rug out of the oil and gas industry. In a recent report, energy research firm Rystad Energy predicts that the maintenance, modification and…

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China’s jet fuel production falls to a 10-year low

  • 19 May, 2022
  • 3:34 pm EEST

The production of jet fuel in China witnessed a sharp decline, during the month of April, as part of the price the country is paying in its fierce war against the Corona virus, which was born globally for the first…

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Scotland counts on solar energy to achieve climate goals by 2030

  • 28 April, 2022
  • 3:28 pm EEST

Scotland counts on solar energy to achieve climate goals by 2030 The Scottish government has expressed its commitment to including solar energy in its new strategy to achieve climate goals, after the ruling Scottish National Party announced last Friday the…

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