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Oil & Gas Trade
How a Saudi-Russian Standoff Sent Oil Markets Into a Frenzy
Moscow refused to accept production cuts to offset the effect of the coronavirus outbreak. Now Saudi Arabia is trying an alternative: inflicting pain.
Oil & Gas Trade
IEA: Oil Demand To Drop For First Time Since 2009
Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it sl…
Oil Price
Saudi Arabia, Russia Brawl Creates Crude Turmoil
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they woul…
Climate Policy
Coronavirus And Global Supply Chain Disruption: A Wake-Up Call For Climate Policy?
Coronavirus has slowed down economic activity and temporarily reduced China’s carbon emissions. However, there is a deeper implication for climate policy: deca…
Wind Turbine
Wind Turbine Orders Hit £60bn Over 2019, Woodmac Finds
Global wind turbine orders reached almost £60 billion in 2019, according to new research by Wood Mackenzie (Woodmac). The research firm claims that of the £60…
Crude
Australia Inks Deal With U.S. for Access to Strategic Petroleum Reserve
Australia said it will sign a deal with the U.S. this week giving it access to crude oil from to America’s Strategic Petroleum Reserve during an emergency.
Energy Storage Battery
$89M RINGO Energy Storage Project Starts Work in France
Italian multinational Nidec has started work on the first energy storage system in mainland France as part of an €80m ($89m) pilot project for French transmiss…
Oil Price
Oil Prices Dive as Saudi Arabia Takes Aim at Russian Production
Russia on Friday rejected an agreement with OPEC on cuts in oil supplies to bolster prices.
132 kV transformer at Shuwaikh Power Generating Station
Tenders are invited for Supply and installation of a 132 kV transformer at Shuwaikh Power Generating Station and distillation of water
Nuclear Fuel
IAEA Raises Alarm Over Iran’s Nuclear Programme
Iran has nearly tripled its stockpile of enriched uranium over the last three months in violation of its agreement with world powers and is refusing to answer q…
Solar Power Plant
Nation’s Largest Community Solar Program Set to Launch
Florida Power & Light (FPL) on March 3 received approval from state regulators to launch the nation’s largest community solar program. FPL’s $1.8 billion Sola…
Solar Power Plant
Prodiel Building 500 MW of Spanish Solar Parks for Solarcentury
Spanish renewables infrastructure builder Prodiel SL will handle the construction of a 500-MW portfolio of solar projects in Spain on behalf of the UK’s Sola…
Oil & Gas Trade
Kazakhstan in Talks with PetroChina after Force Majeure on Gas Supplies
Kazakh natural gas exporter Kaztransgas is discussing further gas supplies with PetroChina after it issued a force majeure notice citing the coronavirus outbrea…
Crude
OPEC’s Pact with Russia Falls Apart, Sending Oil Into Tailspin
A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavi…
240 EV Companies Raised ~$17 Billion In 2019
It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and C…
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