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Market Analysis
Oil Industry Joins The Fight Against Coronavirus
The supermajor is also offering free food and drink to healthcare professionals at 15,000 retail outlets globally as well as to truck drivers and delivery perso…
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…
Oil & Gas Trade
Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to
President Donald Trump said on Saturday that he "does not care about OPEC" and that he will put tariffs on oil imports to the United States if he has to in orde…
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 …
Machines and equipment for production
Tenders are invited for Acquisition of equipment for parmes 2905002 "machines and equipment for production"
China: Solar Industry Estimated to Make Full Recovery by Q2
Solar manufacturing was severely disrupted in Q1 2020 as the Chinese national holiday was extended and restrictions were placed on movement.
Wind Farm
IPPs to Challenge Eskom's Force Majeure on Wind Farms
Eskom is proposing to curtail operational wind farms citing reduced demand in relation to COVID-19.
Crude Oil
Fuel Consumption Sees Drastic Drop
Despite petrol bunks having remained open during the lockdown period, the consumption of diesel and petrol has come down drastically.
2020 China International Nuclear Power Industry and Equipment Exhibition
2020 China International Nuclear Power Industry and Equipment Exhibition---2020 China (Yantai) Nuclear Power Sustainable Development Summit ForumDate:October 15-…
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…
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…
Hydrogen Fuel Stations
China's Hebei Approves $1.2 bln Hydrogen Production and Consumption Projects
Hebei, China's industrial hub, approved 43 hydrogen projects for production, equipment manufacturing.
Market Analysis
IEA: This Oil Shock Is The Worst In History
The world has seen some oil shocks before, but “none has hit the industry with quite the ferocity we are witnessing today,” the IEA said on Wednesday in an ar…
Crude Oil
BP Reduces Investment Plan by 25% in 2020 to US$12bn
BP has cut its 2020 spending plan by a quarter, from US$15bn to US$12bn, including a US$1bn reduction investment in short-cycle onshore activity.
Oil & Gas Trade
Showing Honest Solidarity and Working Remotely ElektroMotion Series Being Supportive Technology
Recently industrial activity has been substantially reduced and labor forces worldwide have been affected heavily.
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