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Oil & Gas Trade
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i…
Oil & Gas Trade
Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets
The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted …
Electric Car
Renewable Energy Could be Unbothered by Pandemic
Law firm Ashurst has released a report into a number of emerging technologies in the energy sector, such as electric vehicles and battery storage, highlighting …
24 Kv 10 Kv Polymers
Tender are Invited for Purchase of All Kinds of Plate and Needle insulators, Polymer Fuse Cutters and 24 Kv 10 Kv Polymers
Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…
Coal Trade
Australia Eases Access to Seaborne Coal Markets
Coal ports in Queensland, Australia, are easing restrictions on covid-19 for foreign crew members.
Coal Production
The Demise of Coal Might be Slowed in Asia Amid Covid-19
Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economie…
Coal Production
The Biggest Power Plant in Drax, UK will Soon End Coal-fire Power Generation
The UK's biggest power plant, Drax in North Yorkshire, has announced it will end all coal-fired power generation by March 2021, well ahead of the UK's 2025 dead…
Solar Power Plant
US Approves Construction of $1bn Gemini Solar Project
The US Government has approved a proposal to build and operate the $1bn Gemini Solar Project.
Oil Price
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.
Wind Power Project
Inox Wind Begins Execution of 1st Phase of Wind Power Projects in Gujarat
Wind energy solutions provider Inox Wind on Monday said it has begun executing the first phase of 250-megawatt wind power projects in Gujarat following the rece…
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
Nuclear Power Plant
E.ON Sold Ahead German Nuclear Power at Above Market Prices
Sixty-five per cent of nuclear capacity in 2021 and 34 per cent in 2022 will be sold at well above current wholesale market prices, boosting the sector's earnin…
Coal-Fired Power Plants
Coal Power Falls to Lowest Levels in 43 Years in US, After Biggest Annual Drop in 2019
“The miners are coming back,” Trump said of the coal mining industry at an election rally in Louisville, Kentucky, more than four years ago.
Hydropower Plant
TEPCO RP Acquires Shares in 108-MW Dariali Hydropower Project in Georgia
TEPCO Renewable Power, Incorporated has acquired 31.4% of the shares in JSC Dariali Energy, a hydropower company in Georgia, from Peri LLC for the purpose of p…

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