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Venezuela's New Gasoline System Fails to End Epic Lines

Hundreds of Venezuelans queued up in miles-long lines to try to fill their cars with subsidized gasoline over the weekend.

Energy Technology

Electric Vehicles Boom will Push Nickel Sulphate Supply to Peak in 2027

With the demand from the electric vehicle sector continuing to accelerate, Nickel Sulphate production is expected to rise from 211 kilo-tonnes in 2019 to its pe…

Hydropower Plant

Uzbekistan Issues Tender for 23 MW Hydropower Capacity

JSC Uzbekhydroenergo, Uzbekistan's state hydropower producer and developer, has announced a tender for the design and construction of the 6 MW Rabat, 8 MW Chapp…

Market Analysis

Long-Term Forecasts Predict China's Move Toward Decarbonisation

A scientific paper has forecast China’s long-term energy future, showing how the economic giant would change in different scenarios.

Solar Company

Valmont Acquires Undisclosed Stake in Energia Solar do Brasil

Global manufacturing company Valmont Industries has acquired a significant stake in Brazil-based Energia Solar do Brasil.

Oil Price

Oil Advances Above $43 after OPEC+ Extends Production Cuts

Oil advanced above $43 a barrel in London after OPEC and its allies agreed to extend historic output curbs by an extra month.

Oil Price

OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020

Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.

Crude Oil

Rig Count Plunges Below 300 in 13th-Straight Week of Losses

The number of operating drilling rigs in the U.S. fell below 300 for the first time, as energy companies continue to shut down oil-field operations amid low cru…

Wind Farm

Iberdrola's CAVAR Wind Power Complex Begins Operations in Spain

Spanish electric utility company Iberdrola has started operations of its CAVAR wind power complex in Navarra, Spain.

Offshore Wind Power

Germany Seeks 5-Fold Increase in Offshore Wind Power by 2040

The German government wants to increase offshore wind power capacity five-fold by 2040 as part of its plan to wean the country off fossil fuels.

Energy Technology

Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker

A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…

Crude Oil

Crude Oil Futures Rise on Spot Demand

Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.

Energy Investment

America's DFC to Invest $350 Million in India

The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services…

Nuclear Power Plant

Ontario Completes First Darlington Refurbishment

Unit 2 of Ontario Power Generation's Darlington nuclear power plant has been reconnected to the grid at 100% full power, marking the official completion of the …

Crude Oil

Indonesia Sees Product Demand Up 160,000 b/d by 2026

Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need…