Shares of U.S. liquefied natural gas companies tumbled on Thursday as China’s biggest importer of the fuel suspended some purchases amid weaker demand and a global glut that has driven prices to record lows.

China is the world’s second-largest LNG importer but its spot purchases have nearly ground to a halt as the economic effects of business closings due to the spread of the coronavirus, as well as lower heating demand from a relatively warm winter.

Shares of U.S. LNG Firms Tumble as China Demand Slumps | Devamı>>>

Nearly two years ago China’s “Nimble Dragon” (玲龙) project hit headlines when state-owned China National Nuclear Corporation (CNNC) announced plans to build a floating small modular reactor (SMR) in the island province of Hainan. Just last month China’s Ministry of Environment began its impact assessment of the ACP100  – the unit’s technical name – bringing the project into its next stage of development. China now joins the United States and Russia in the race for commercially viable SMR technology.

China Enters Global Tech Race For Small Modular Nuclear Reactors | Devamı>>>

Venezuela is an energy rich country in the world, primarily in oil. However, the world giant is being condemned to starvation with the embargoes imposed by the countries. Therefore, the aim is to take control of the coup and control in Venezuela.

The main reason for this is the cheap and free oil, and now it is also the policy of managing energy. The same policies in the Middle East are carried out in Venezuela.

The Goal is to Take Over Venezuela’s Energy Resources? | Devamı>>>

Two incidents at the start of the week highlighted the difficulty of finding global consensus on how to tackle the threat of climate change, or even agreeing what the threat is. Over the weekend, the US teamed up with Russia, Saudi Arabia and Kuwait to water down governments’ approval of a report spelling out the consequences of allowing the global temperatures to rise more than 1.5C since pre-industrial times. It was no coincidence that the objecting group included the world’s three largest oil producers, and another in the top 10.

The Week in Energy: Cold Climate Talks | Devamı>>>

Since January 1, 2020 in the US state of California in the new houses and apartments to be built in the new solar system was obliged to establish a system.

Experts said in a statement; It is foreseen that solar panel technology will provide great savings in the long term, while homeowners using solar energy will save approximately $ 60,000 in 25 years. It is also thought that the general density in the electricity grid may be reduced during peak hours.

All Buildings in California Need to Establish a Solar Energy System | Devamı>>>

China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said.

South Pars is the world’s largest gas field and CNPC’s investment freeze is a blow to Tehran’s efforts to maintain financing for energy projects amid the re-imposition U.S. sanctions on its energy sector earlier this year.

CNPC Suspends Investment in Iran’s South Pars | Devamı>>>