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Market Analysis
Global Oil Demand Could Take Years To Recover
Global oil demand will take at least a year to return to the pre-crisis levels of 100 million barrels per day , Fatih Birol, Executive Director of the Internati…
Solar Power Plant
US Dept of Interior Approves 690MW Nevada Solar Plant
President Donald Trump's administration has approved hybrid energy projects in Nevada
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Energy Storage Battery
SK Innovation to Break Ground on Second EV Battery Gigafactory in the US this Summer
South Korea's SK Innovation will start construction on its second plant in the us state of Georgia this summer.
Nuclear Power Plant
Rosatom Joins RPV Halves for Rooppur Unit 1
AEM Technology, part of the Atomenergomash engineering division of Russian state nuclear corporation Rosatom, has welded together the upper and lower parts of t…
Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.
Offshore Wind Power
New Joint Venture Exploring South African Offshore Wind Market
Hexicon AB and Genesis eco-energy Developments are exploring the development of offshore wind power in South Africa.
Geothermal Power Plant
Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia
Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.
Crude Oil
USA's Purchase on Sweet Crude Oil will Not Follow Original Plan
US Energy Department says it will buy up to 1 mln bbls of sweet crude oil for strategic reserve from small to midsize domestic producers.
Oil & Gas Trade
OPEC Says Nigeria's Oil Output Dropped Last Month
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 20…
Oil&Gas Drilling
Australia is in the Process of Developing Dorado Field
Australia's Santos is pushing forward with its Dorado field development. The competitive process for the supply of the FPSO has started and a shortlist of contr…
Energy Investment
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…
Wind Turbine
China Signs Wind Turbine Supply Contract with Vestas
Danish wind turbine manufacturer Vestas has secured a wind turbine supply contract in China.
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 …
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