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Oil & Gas Trade

China's Comprehensive LNG Import Price Down

China's comprehensive import price index for liquefied natural gas (LNG) fell last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).

Geothermal Power Plant

BLM Approves Haiwee Geothermal Leasing Area

Future proposals for leases are subject to additional site- and project-specific environmental analysis.

Solar Company

SoftBank-Backed SB Energy & EDEN Bag 900 Megawatts Of Solar In India

A 2 gigawatt solar power tender received very a encouraging response amidst uncertainty resulting from the COVID-19 outbreak.

Oil & Gas Trade

Russia’s Energy Ministry Expects Gradual Revival in Oil Demand in Second Half of Year

Minister Alexander Novak said before it happens oil producing countries should avoid filling of oil storage facilities to the full and prevent a market collapse…

Crude Oil

Algeria Says Proven Oil Rserves at 10 Billion Barrels

OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.

EV Market

FAW-Volkswagen Launches First Plug-in Hybrid SUV in China

FAW-Volkswagen launched its first plug-in hybrid SUV on Saturday, which is expected to help the popular carmaker make further inroads into China's new energy ve…

Hydropower Plant

Turkey’s 1.2GW Ilisu Hydro Plant to Come on Line in May

The 1.2GW Ilisu storage hydropower plant in southeast Turkey is expected to start up in May, state-run hydraulic works administration DSI said.

Electric Car

Vattenfall and Hyundai Boost Electric Driving Together

In a new partnership, Vattenfall and Hyundai make it possible for Dutch customers to purchase a future-proof charging point and charge card from Vattenfall.

Geothermal Power Plant

Two Wells for Geothermal Heat Project Successfully Drilled in Champs-Sur-Marne

The strategic phase of the champs geothermal drilling activity on the Banks of the maon river has been successfully completed.

Geothermal Power Plant

Covid-19 Situation Delaying Renewable Energy Development in Indonesia

CNBC has also been hampered in Indonesia by the widespread spread of the corona virus, or covid19.

Coal-Fired Power Plants

RWE's Q1 Lignite Output Plunges 36% on Poor Market Condition

Output from Germany's lignite fleet has plunged from 13.5 KWH per hour in the first quarter of 2019 to 8.6 KWH per hour.

Coal Production

Coal India's April Average Daily Output Down 11.3% year-on-year

Daily coal production in India halved in April from march.

Coal Trade

Berkshire, AIG Urged by NYC's Comptroller to Divest from Coal

Continuing to invest in coal projects will only bring greater financial risks, potential liabilities and future cost burdens.

Oil & Gas Trade

Refined Oil Product Freight Rates Nearly Double in a Week

Refined oil tanker rates surged this week to their highest level in 11 years.

Hydrogen Fuel Cell Vehicle

NTPC to Procure Hydrogen Fuel Bus and Cars for Leh and New Delhi

NTPC has sent letters of intent for 10 of the buses and cars.