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Oil & Gas Trade

U.S. Oil Futures Plunge Nearly 25 Pct Amid Fears of Filled Storage

Oil prices fell significantly on Monday with the U.S. benchmark down nearly 25 percent amid fears over a growing scarcity of oil storage space.

Energy Storage Material

China's Export of Rare Earth up 19.2 Pct in March

China's export of rare earth increased by 19.2 percent year on year to reach 5,551 tonnes in March, according to data from the General Administration of Customs…

Crude Oil

U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve

U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.

Oil Price

Canada’s Oil Firms Set To Curtail Output By At Least 1 Million Bpd

Companies in Canada have already reacted to the oil price plunge, but analysts and investors will be looking for further clues in the earnings reports about how…

LNG

The LNG Market Is“Imploding”

The global market for natural gas is also cratering.

Nuclear Power Plant

Czech Republic Aims for Dukovany Progress This Summer

Czech utility ČEZ applied to the State Office for Nuclear Safety on 25 March to construct two new reactors at its Dukovany nuclear power plant.

Hydrogen Fuel Cell Vehicle

China Develops its First Hydrogen Powered Tram for Passenger Transport

In a move to shrink greenhouse gas emissions, the country has developed and built the H2 vehicles.

Poland to Help Energy Groups Hit by Lower Demand by Easing Rules

Poland plans to help energy groups free up capital by easing some rules on electricity sales on the power exchange, the government said on Tuesday.

Coal Mine

NLCIL Launches Coal Mining Operations in Odisha

NLC India Limited has commenced operations to mine coal at Talabira mines in Odisha.

Coal Price

The Coronavirus Pandemic is Accelerating Coal's Demise

Prices haven't yet turned negative (like oil), but coronavirus is accelerating the demise of the dirtiest fossil fuel.

Hydropower Plant

AFRY India to Work on 1200MW Pinnapuram Pumped Storage Project

AFRY India has been contracted by independent power producer Greenko Energy Projects Ltd to provide detailed design engineering services for the 1200MW Pinnapur…

Coal-Fired Power Plants

US $3bn Coal Power Plant to be Constructed in Zimbabwe

The 2,800MW power plant will be constructed in four phases of about 700MW each. Rio Energy will partner with China Gezhouba Group Corp in funding and developin…

Oil Field

Neptune Energy Sees Delay to Start-Up of Fenja Oilfield

Production at the Fenja oil and gas field off Norway will be delayed due to the restrictions imposed as a result of the COVID-19 outbreak.

Solar Power Plant

Ichigo's ECO Solar Plant Starts Operating on Japanese Reservoir

The 48th solar power station in okayama, Japan, began operating as a floating power plant on an agricultural reservoir.

Wind Power Project

Greencoat UK Wind to Acquire Scottish Wind Project for £320m

Greencoat UK Wind, the UK investment company, has agreed to buy South Kyle Wind farm in Scotland for £320m.