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Crude Oil

Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd

U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister…

Solar Power Plant

Neoen Signs PPA with CleanCo for 400MW Australia Solar Farm

French renewable energy producer Neoen has signed a power purchase agreement in Australia with publicly-owned renewable generator CleanCo.

Nuclear Technology

Westinghouse Electric Company Installs 3D Printed Part in Commercial Nuclear Reactor

A significant milestone for additive manufacturing has been achieved in the nuclear industry: a first-of-its-kind 3D printed component has successfully been ins…

Hydrogen and Nanomaterials May Transform Energy Industry

Hydrogen as a zero-carbon energy carrier has the potential to fundamentally transform the global energy landscape—but the production must benefit the environme…

Electric Vehicle Battery

Realistic Lab Tests for E-Vehicle Batteries

Thorough testing is paramount to the safety and reliability of the batteries that power electric vehicles. However, the lab tests conducted to date have been an…

Crude Oil

Equatorial Guinea set to Construct Modular Crude Oil Refinery in Punta Europa

The contract was awarded to Houston based VFuels Oil & Gas Engineering (VFuels),a full service oil and gas engineering, design, and fabrication firm that specia…

Coal Mine

Aussie Bank Westpac to Gradually Shift Away from Coal Financing by 2030

Australia’s Westpac Banking Corp plans to promote the transition to climate-friendly solutions and reduce support to thermal coal projects to bring its financi…

Geothermal Power Plant

Italian Geothermal Sector Constrained by Incentive Impasse

​This renewable energy has substantial potential in the country but is stuck due to a lack of incentives.

Energy Investment

Bangladesh Launches $218.7m Green Transformation Fund

Bangladesh has introduced a $218.7m Green Transformation Fund to provide soft loans to solar developers.

Oil Price

Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer

​Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, chief executive at Russian oil producer Gazprom Neft, t…

Oil & Gas Trade

Venezuela Oil Exports Climb As OPEC Agreement Kicks In

​While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo…

Coal-Fired Power Plants

New Report Highlights Fragility of Indian Coal Sector During Covid-19

​The Covid-19 pandemic could help trigger an uptake in renewable power infrastructure and generation in India.

Solar Power Panel

Trina Secures 105 MW Order for its 500 W Modules

​Chinese solar panel maker Trina Solar has announced it will provide Indian solar and storage project developer SunSource Energy with 105 MW of its Vertex bifa…

CEFC to Kick-Start Australia’s Hydrogen Industry with New $300m Investment Fund

The federal government has established a new $300 million fund to invest in Australia’s emerging hydrogen industry, which it hopes will kick start jobs and exp…

Crude Oil

Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister

​Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.