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Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Energy Storage Project
Wärtsilä to Deliver 70 MW Energy Storage System in California
Technology group Wärtsilä is finalising a 70 MW energy storage and energy management system project in the California Independent System Operator (CAISO) en…
Solar Power Plant
Dubai Achieves Record Low PV Tariff for 900 MW Solar Project
Dubai Electricity and Water Authority (DEWA) has awarded the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park to an ACWA-Power-led consortium.
Solar Power Plant
Invenergy Georgia Solar Energy Centre Begins Commercial Operations
Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre.
Electric Vehicle Charging
Hitachi and Gridserve Partner on Multi-Million-Pound Renewable Deal
Hitachi Capital UK and UK renewable energy company Gridserve Sustainable Energy have signed a partnership agreement to develop solar farms and solar-powered ele…
Solar Company
DEWA Signs PPA for Fifth Phase of Dubai Solar Park
Dubai Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) for the 900MW fifth phase of Mohammed bin Rashid Al Maktoum solar par…
Oil Price
OPEC Daily Basket Price Stands at $14.36 a Barrel Wednesday
The price of OPEC basket of thirteen crudes stood at $14.36 a barrel on Wednesday, 29th April, 2020, compared with $12.41 the previous day, according to OPEC Se…
Oil & Gas Trade
Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June
Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…
Oil&Gas Drilling
Fenja, Neptune's First Operated Development Project on the Norwegian Shelf
On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.
SMR
Holtec SMR to Use Commercially-Available Framatome Fuel
The selection of Framatome's widely consumed fuel has substantially reduced the majority of the first-of-a-kind-engineering for the fuel system, Holtec said.
Energy Transition
Invest in Nuclear for a Clean Economic Recovery
"Governments need to take urgent action to ensure that the recovery from the economic effects of the coronavirus brings long-lasting good," World Nuclear Associ…
Oil&Gas Drilling
Russia’s Grand Plan For Arctic Oil Is Under Threat
Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…
Offshore Wind Power
WPD Strengthens Presence in Taiwan Offshore Wind Market
Offshore wind developer wpd has strengthened its presence in Taiwan by signing a joint venture agreement with Taiwan Green Power.
Invited for Providing Transfer of Headquarters
Tender are Invited for Providing Transfer of Headquarters and Executive Affairs of Qazvin Electricity Distribution Company to the Contractor
Coal-Fired Power Plants
Great Britain Sets No-Coal Record as Pandemic Reduces Demand
Great Britain broke the record for the longest period of electricity generation without coal, according to energy data analyst EnAppSys.
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