Category: Report

September 22 2020

Schlumberger Extends Digital Leadership With Red Hat Deal

Schlumberger's partnership with IBM's Red Hat is an important step in moving the oil sector to the cloud. In the past year, Schlumberger has put digital products front and center of its strategy.

September 21 2020

Economics Alone Could Drive Greece to a Future Powered by Renewables

Greece can transform its power system away from heavy reliance on fossil fuels to potentially become one of the leaders of the energy transition in Europe by 2030, according to BNEF's Greece Market Outlook.

September 14 2020

The Fundamental Drivers Behind Henry Hub’s Natural Gas Rally

Henry Hub closed August at $2.58/MMBtu - this represents a 40% upswing in the front month contract in 30 days.

September 10 2020

China’s Ganfeng to Be Largest Lithium Hydroxide Producer

Ganfeng Lithium announced an agreement with Jiangxi Special Electric Motor (Jiangte) to take over the operations and management of three lithium chemical converter plants from October 2020 to March 2023.

September 10 2020

Japan Dives to Secure Cobalt and Nickel in the Ocean

Japan Oil, Gas & Metals National Corp. (JOGMEC) confirmed that it has conducted the world’s first successful excavation test of a cobalt-rich crust on the seabed in Japan’s exclusive economic zone.

September 10 2020

U.S. Driving Season Suffers Hit From Covid-19 Pandemic

Driving activity in the U.S. has recovered somewhat since the early days of the Covid-19 pandemic, but still rests well below business-as-usual expectations. The recovery is more pronounced in some states than others.

September 3 2020

Vale to Install Brazil’s Largest Battery Storage System

Brazilian mining giant Vale is partnering with Siemens and MicroPower Comerc on a 5MW/10MWh lithium-ion battery system at a large port facility in Rio de Janeiro.

September 3 2020

Chinese Refiners Ramp Up Chemical Feedstocks Amid Covid-19

The supply of petrochemical feedstocks in China has proven resilient throughout the Covid-19 demand shock.

September 3 2020

Energy Policy Shift Unlikely as Japan Ushers in New Leader

Japan is likely to have a new prime minister by mid September after the ruling Liberal Democratic party set the timeline and rules for replacing Shinzo Abe. The leadership shift is unlikely to have much impact on energy policy as the candidates expected to seek the top post haven't staked strong positions.

September 2 2020

U.K.’s New Rules Set Stage for Europe’s Largest Batteries

New rules will relax planning requirements for batteries of more than 50 megawatts (MW) in the U.K., Europe's largest utility-scale battery storage market.