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Oil & Gas Trade

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…

Energy Storage Battery

Northvolt and Vattenfall Partner on Modular Zero-Emission Power Option Offering

Northvolt and Vattenfall have announced a new battery energy storage solution that could provide a zero-emission alternative to running diesel generators on rem…

Oil Shale

No One Expected U.S. Shale Oil Output Cuts to Happen So Fast

In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production…

Wind Power Project

EDL Brings 56 MW Hybrid Renewable Energy Project Online at Gold Fields’ Agnew Mine

Global energy producer EDL says it has successfully completed the 56 MW Agnew Hybrid Renewable project for Gold Fields’ Agnew gold mine in Western Australia.

LNG

Daewoo E&C Won a Liquefied Natural Gas Plant in Nigeria

The company will build a plant that can produce 8 million tons of LNG and additional facilities.

Oil Shale

U.S. Shale Could Crush the Oil Market Recovery

As the two petro-nations duked it out, the global oil glut ballooned to a massive oversupply and oil storage deficiency that persists today.

Providing Spare parts

Tender are Invited for Providing Spare parts for Abdullah Port Station c

Gas Turbine

Siemens Powerhouse Gas Turbine Travels to the UK for Testing

The largest, most powerful, and most efficient heavy-duty gas turbine that Siemens has produced to date was loaded onto an inland cargo ship today in Berlin

Solar Power Plant

Innergex Acquires 182.2GWh Solar Farm in Chile

Innergex, an independent renewable energy producer, announced the acquisition of a solar photovoltaic plant in el Salvador, Chile.

Market Analysis

IEA Sees Unique Opportunity for Clean Energy During Covid-19 Crisis

In the midst of a pandemic that’s shaken energy markets to the core and threatens to send the global economy into a depression, renewable energy is holding ste…

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor

Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.

Oil & Gas Trade

Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand

The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.

Solar Company

JinkoSolar Adds Name to 500 Watt Solar Panel Club

‘Solar Module Super League’ (SMSL) leader JinkoSolar has officially launched its next ‘flagship’ PV panel boasting a maximum power output of up to 580Wp.…

UK Govt Extends Feedback Window for CfD Changes Due to COVID-19

The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…

Wind Farm

Lithuania Ponders 700-MW Wind Park in Baltic Sea

Lithuania’s Ministry of Energy has determined that an offshore wind park with a capacity of 700 MW can be built in the Baltic Sea to produce enough electricity…