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Oil Price
US Seeks $3 Billion to Boost Oil Producers as Prices Plunge
The Trump administration said Thursday that it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping u…
Oil & Gas Trade
PetroVietnam Says Considers Stockpiling Oil Amid Low Prices
Vietnam Oil and Gas Group, known as PetroVietnam, said on Wednesday it was considering stockpiling crude oil amid low prices while exploring measures to cope wi…
Oil Price
Russia Sees Oil & Gas Income Fall By Almost $40 Billion
Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Ant…
Market Analysis
Is The Oil Price Crash Good For Renewable Energy?
With Saudi Arabia and Russia pumping flooding the market with oil as coronavirus threatens demand, oil prices have crashed below the $30 mark. It is a price cra…
Invited for Provision of Electrical Services
Pre-qualification are invited for Provision of Electrical Services
Offshore Wind Power
Creating Better Models for Offshore Wind Turbines
There are currently a large number of wind farms being built around the world as they are considered to be an essential part of the transition to renewable ener…
Solar Power Panel
Coronavirus Rocked the Solar Power Market
As the coronavirus outbreak rages on, renewable energy is taking a hit. Factory shutdowns in China have disrupted global supply chains for wind turbines and sol…
Power Construction
US $200m Nigeria Electrification Project launched
The US $200m Nigeria Electrification Project has officially been launched by Rural Electricity Agency (REA). Managing Director of REA, Mr. Ahmad Salihijo spoke …
Nuclear Fuel
Malawi Uranium Mine Sale Completed
Australian-based exploration company Lotus Resources Ltd has completed the acquisition of the Kayelekera Uranium Mine in Malawi from Paladin Energy.
Professional Civil And Electrical Services
Tenders are invited for Professional Civil And Electrical Services For Various Projects In The West Coast District Municipality From 1 July 2020 To 30 June 2023
Oil & Gas Trade
China's Major Oilfields Maintain Pace Amid Oil Crash
Crude oil prices dropped below break-even operating expenses for Chinese oil companies, but major oil fields have maintained stable production. Faced with press…
Energy Storage Project
US based XNRGI Opens Lithium-ion Battery Factory in India
Based in Gurugram, the factory is spread over 30,000 sq.ft and can produce 240 MWh of high-temperature battery storage solutions annually. These batteries can c…
Offshore Wind Power
Solution to Germany's Renewables Gridlock Adjourned Due to Coronavirus talks
As the German government aims for a quick response to the coronavirus outbreak, talks to resolve an impasse over expanding renewable energy sources have been ad…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
Oil & Gas Trade
Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%
The drop in oil prices could lead to a 30% decrease in Turkey's long-term natural gas contracts with Russia, Iran and Azerbaijan, experts predict.
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