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Oil Price
Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal
According to the agency's report, a fall in demand and an increase in supply could result in more than 20 million barrels per day of excess oil.
Oil & Gas Trade
Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low
AAA reports that the average price of gasoline across northern West Virginia is 5 cents cheaper this week at $1.851 per gallon.
Gas Turbine
‘Major Milestone’ For Siemens
Siemens Energy said it has achieved a major milestone by successfully starting the world’s first SGT6-9000HL gas turbine at Duke Energy’s Lincoln Combustion T…
Oil Price
Oil Rises 3% on Hopes for Output Cut as Coronavirus Ravages Demand
Oil prices rose on Tuesday as hopes grew that the world's major oil producers would agree to cut production.
Crude Oil
The World’s Biggest Oil Deal Can’t Save Crude Prices
G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-pr…
Nuclear Fusion
US Applies AI to Nuclear Fusion
Researchers at the US Department of Energy’s (DOE) Princeton Plasma Physics Laboratory (PPPL) have used artificial intelligence (AI) to create “an innovative …
Oil Price
The OPEC+ Meeting Could Send Oil Prices Crashing Below $10
The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified.
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Construct 230/11kv Okvau Transmission Substation
The substation will serve the Mondulkiri province-based Okvau Gold Project, which is owned by Australia-listed mining firm Emerald Resources NL. The project is …
Emerson Buys Hydroelectric Turbine Controls Company American Governor
American Governor provides technologies and services for hydroelectric turbines controls.
Oil Price
Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax
Fuel prices in west Bengal, maharashtra and karnataka rose by a litre.
Oil Price
What Really Caused Oil To Rally By 25%?
Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day (mb…
Scientists Tap Unused Energy Source to Power Smart Sensor Networks
The electricity that lights our homes and powers our appliances also creates small magnetic fields that are present all around us. Scientists have developed a n…
Oil Price
Oil Falls on Scepticism over Trump's Saudi-Russia Output Deal
Oil prices fell on Friday, coming off their biggest one-day gains in the previous session, after U.S. President Donald Trump said he had brokered a deal between…
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…
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