Dow

Geo-Drill Project Exploring Down Hole Hammer Drilling for Geothermal
In exploring ways to cut down the cost of drilling for geothermal, the GeoDrill project is looking at down the hole hammer drilling technology.
Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Crude Oil
Indian Refinery Runs Edge Higher in June
Indian refining throughputs rose back above 4mn b/d in June in a partial recovery from the Covid-19 downturn, but remained well below year-earlier levels.
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Coal Trade
Ukraine's Coal Imports in the First Half of 2020 Fall 18.4% Year-on-Year
Ukraine's coal imports were 8.6 million tons, down 18.5% year-on-year. Among them, coal imports from Russia and the United States accounted for 60% and 30% resp…
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Oil & Gas Trade
What’s Next For Oil And Gas?
Oil demand has been decimated by Covid-19, bottoming in April at 76 million barrels per day, down 25% from 102 million barrels per day in December 2019.
China
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…
Wave Energy
Scots Grant £1.4m to Reduce Wave Power Costs
Wave Energy Scotland (WES) has awarded a total of just under £1,400,000 to four projects aimed at bringing down the cost of wave power.
Crude Oil
OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020
The Organization of the Petroleum Exporting Countries, yesterday, revised downward its world oil demand in 2020.
Oil Price
Oil Down as Opec+ Prepares to Lower Output Quotas
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus sur…
Power Construction
Long Recovery Ahead for India's Power Generation
The relaxation of lockdowns failed to drive power demand.
Coal Trade
Germany Passes 2038 Coal Exit Law with Compensation
Germany has passed legislation to end coal-fired power generation by 2038 at the latest and agreed on a shutdown schedule for individual lignite power plants.
Coal Production
Indonesia Sets July Coal Benchmark Price at Lowest in 4 yrs
The Indonesian government set its coal benchmark price (HBA) for July at $52.16 per tonne, down from $52.98 per tonne last month
Thermal Plant
Japan Will Shut Down 100 Old Coal-Fired Power Plants
The Japanese government plans to suspend or shut down nearly 90% of old and inefficient coal-fired power plants by fiscal 2030.

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Dow

Geo-Drill Project Exploring Down Hole Hammer Drilling for Geothermal

Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake

Indian Refinery Runs Edge Higher in June

Efficiency Companies Raise $858 Million In VC Funding In 1H 2020

Ukraine's Coal Imports in the First Half of 2020 Fall 18.4% Year-on-Year

Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May

What’s Next For Oil And Gas?

Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise

Scots Grant £1.4m to Reduce Wave Power Costs

OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020

Oil Down as Opec+ Prepares to Lower Output Quotas

Long Recovery Ahead for India's Power Generation

Germany Passes 2038 Coal Exit Law with Compensation

Indonesia Sets July Coal Benchmark Price at Lowest in 4 yrs

Japan Will Shut Down 100 Old Coal-Fired Power Plants