Du

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

The IEA noted that global renewable energy generation is up 3 during the pandemic, one of few bright spots during the crisis.

Oil & Gas Trade

Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June

​ Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…

Oil&Gas Drilling

Fenja, Neptune's First Operated Development Project on the Norwegian Shelf

On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.

Coal Production

Coal Exit Plans on the Rise in Asia

Lenders could follow after Mizuho's move to shun financing of coal-fired power.

Coal Production

Coal Generation in Australia's NEM Fell by 1.11GW in Q1

A surge in power outages in February and March in New South Wales drove the decline.

Crude Oil

Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan

Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP…

SMR

Holtec SMR to Use Commercially-Available Framatome Fuel

The selection of Framatome's widely consumed fuel has substantially reduced the majority of the first-of-a-kind-engineering for the fuel system, Holtec said.

Nuclear Power Plant

Finland Performs Remote Inspection of New Nuclear Plant Project

Finnish nuclear regulator STUK has carried out a scheduled inspection of RAOS Project Oy - a subsidiary of Russia's Rosatom - via Skype, in line with social dis…

Crude Oil

Russia Calls For Market Share Target For OPEC+

It would make sense for the OPEC+ coalition of oil producers to begin monitoring the group’s market share to measure how effective the OPEC+ actions are.

Crude Oil

Russian Oil Production Set For First Annual Drop Since 2008

Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…

Oil&Gas Drilling

Russia’s Grand Plan For Arctic Oil Is Under Threat

Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…

Historic Shift: U.S. Energy Production Outpaced Consumption in 2019, EIA Says

Energy hasn’t felt this groundbreakingly productive since Elvis Presley was electrifying audiences with “All Shook Up.”

Coal-Fired Power Plants

Great Britain Sets No-Coal Record as Pandemic Reduces Demand

Great Britain broke the record for the longest period of electricity generation without coal, according to energy data analyst EnAppSys.

Solar Technology

BNEF Says Solar and Wind are now Cheapest Sources of New Energy Generation

Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. Those two-thirds live in locati…

Hydrogen Fuel Cell

Arcola and Optare Launch New Hydrogen Fuel Cell Bus for the UK and Beyond

Arcola Energy and bus manufacturer Optare Group have today launched a hydrogen fuel cell double deck bus product for the UK and international markets.