Ces

Oil Price

Aramco Earnings Plunge By 25% As Low Oil Prices Persist

Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.

Oil & Gas Trade

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …

Wind Power Project

Inox Wind Begins Execution of 1st Phase of Wind Power Projects in Gujarat

Wind energy solutions provider Inox Wind on Monday said it has begun executing the first phase of 250-megawatt wind power projects in Gujarat following the rece…

Nuclear Power Plant

E.ON Sold Ahead German Nuclear Power at Above Market Prices

Sixty-five per cent of nuclear capacity in 2021 and 34 per cent in 2022 will be sold at well above current wholesale market prices, boosting the sector's earnin…

Geothermal Power Plant

Clean Technology Fund Injects $10m Into Ethiopia's Geothermal Capacity

The clean technology fund trust fund committee provided a concessional loan of us $10 million for Ethiopia's 50 megawatt tulu moyo geothermal power plant projec…

Transmission and Distribution Substations

Tender are Invited for Providing Operational Services of Transmission and Distribution Substations

Providing Operational Services of Transmission and Distribution Substations

Tender are Invited for Providing Operational Services of Transmission and Distribution Substations

Oil Price

Murphy Oil to Close Arknsas, Alberta Offices

Murphy Oil has announced that it is closing its legacy headquarters in Arkansas and shuttering an office in western Canada.

SINOPEC

Sinopec Puts China's Largest Petrochemical Port into Operation

China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Reno…

Oil Price

Oil Glut Drives Oil Prices Lower

Oil prices opened about 1% lower on Monday in Asia as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand even …

Oil and Gas Technology

Itron Announces Innovative Gas Technology for Gen5 Network

Itron has announced its innovative 500G gas Encoder Receiver Transmitter module is now available on its Gen5 network.

Nuclear Power Plant

South Africa: Industry Welcomes Nuclear New Build Plans

The Nuclear Industry Association of South Africa fully supports the plans of nuclear new build programme presented by the Minister of the Department of Minerals…

LNG

GLOBAL LNG: Asian Spot Prices Recover a Little on Improving Demand

Spot prices for liquefied natural gas in Asia rose slightly this week.

Crude Oil

Crude Oil Futures Rise on Spot Demand

Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.

Hydropower Plant

NEPRA Grants Licences to New Hydro in Pakistan

The National Electric Power Regulatory Authority (NEPRA) in Pakistan has approved generation licenses for two new hydropower projects in the country.