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Oil & Gas Trade

Canada’s Oil Has Nowhere To Go As The US Runs Out Of Storage

Collapsing demand and brimming storage in the United States, Canada’s almost exclusive oil outlet, have resulted in a very usual situation in the Canadian oil …

Coal Mine

Pandemic Shutdown Is Speeding Up The Collapse Of Coal

Coal mines across the country have begun to close, lay off workers and reduce production.

Oil Price

Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash

Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…

Solar Power Plant

New UK Solar Generation Record Set Amidst Air Pollution Collapse

A new peak solar generation record has been set in the UK, with the industry citing a collapse in air pollution levels linked to the country’s lockdown as havi…

Crude Oil

Mexico's President Fears The Economic Consequences As Oil Prices Go Negative

Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…

Crude Oil

Trump Calls for U.S. Oil Industry Bailout as Prices Plunge

U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survi…

Capstone Turbine to Launch Innovative Animal Waste Biogas Project

The 800kW biogas-powered facility will use a digester to process the organic biomass coming from the city of Handa.

Oil & Gas Trade

U.S. Natgas Trading at Parity with Oil after Crude Price Collapse

The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.

Oil Price

Oil Price Collapses to Below Zero as Demand Takes a Dive During Pandemic

A key sector of us oil trading collapsed on Monday.

Wind Power in China

Xinjiang Sees Rapid Development in Green Energy

The development of green energy in northwest China's xinjiang uygur autonomous region is advancing by leaps and bounds.

Geothermal Power Plant

Munich Taps into Geothermal Power to Widen District Cooling Grid

Munich utility Stadtwerke München is investing €80m to expand its climate-friendly district cooling network with pipelines carrying cold air from a geothermal…

Market Analysis

Europe can be 60% powered by solar before 2050

Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continen…

Solar Power Panel

Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing

The renewable-energy business is expected to keep growing, though more slowly, in contrast to fossil fuel companies, which have been hammered by low oil and gas…

Oil & Gas Trade

Saudi Arabia and Russia Signal Readiness to Cooperate on Oil

Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to disc…

Oil Price

Oil Crash Puts Africa's Cash-Strapped Producers in Peril

The collapse in oil prices has left African oil producers facing a loss of revenue at a time when they need it most to fight coronavirus.