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Dow
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Geothermal Power Plant
Current Crisis Could Slow Down Geothermal Development in Italy for the Next Two Years
Before the arrival of the pandemic the geothermal sector – for the production of electricity as well as heat – was in great shape in Europe and in the world.…
Crude Oil
India’s July Crude Imports Fall to Decade Low
India's crude imports hit a decade low in July, falling by a record 36pc or 1.67mn b/d on the year because of a nationwide Covid-19 lockdown and sliding refinin…
Nuclear Fuel
Kazatomprom Extends Uranium Roduction Cuts into 2022
Kazakhstan's JSC National Atomic Company Kazatomprom says it will continue to "flex down" production by 20% through 2022.
Crude Oil
Storage Levels for Crude Oil are Starting to Decline as Economies Recover
As economies reopen, oil stocks in Cushing have been drawn down to 52 million barrels since its peak of 65 million in May.
Azerbaijan
BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan
British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables.
Thermal Coal
India's Thermal Coal Imports Fell Sharply in the First half of 2020, Down 27.1% Year-on-Year
India’s thermal coal imports were approximately 73.29 million tons, a decrease of 27.26 million tons from 10.55 million tons in the same period last year and a…
United States
US Coal Power Generation Plummets 30% in 2020, EIA Says
Coal power fell by a record amount last year, and things have gone downhill quickly from there for the embattled sector.
Nuclear Power Plant
What Happens to a Nuclear Power Plant During COVID-19?
What happens to a nuclear power plant during a pandemic lockdown?
Wind Farm
US Programme to Drive Down Cost of Distributed Wind Energy
The US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), with funding from DOE’s Wind Energy Technologies Office, works with dozens…
Nuclear Power Plant
Chinese Fast Reactor Completes Trial Operating Cycle
The China Experimental Fast Reactor completed a manual emergency shutdown test from full power on 31 July, China National Nuclear Corporation announced last wee…
Saudi Arabia
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp…
United States
Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump
Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…
Breaking Down the Oil Outlook as OPEC Increases Production
Prosper Trading Academy CEO Scott Bauer to discuss the outlook for oil as looming OPEC supply surge adds to demand woes.
Coal Mine
Peabody Energy Writes Down Value of World's Largest Coal Mine by $1.42 billion
Coal giant Peabody Energy is writing down the value of its huge North Antelope Rochelle Mine in Wyoming by $1.42 billion.
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