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Coal Trade

Ukraine to Hit Russian Coal With 65% Tariff in Effort to Reduce Energy Dependence

The Ukrainian government will today introduce a new duty of 65% on coal imports from Russia.

Hydrogen Fuel Cell

Megawatt-Scale Fuel Cell System Could Power Large Ships

ABB and Hydrogène de France announced they have signed a Memorandum of Understanding (MOU) to jointly manufacture megawatt-scale fuel cell systems capable of p…

Oil & Gas Trade

Is Saudi Arabia Restarting The Oil War?

Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, …

Oil & Gas Trade

Crude Cuts: Nigeria to Earn $10.61bn in Eight Months

Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…

Crude Oil

Kazakhstan to Cut Oil Production by 390,000 Barrels Per Day

Kazakhstan will reduce oil production by 390,000 barrels per day for a period of two months under the OPEC + agreement.

Geothermal Power Plant

Geothermal Projects in Turkey Paralyzed Over COVID-19 Shutdown

Supply chain interruptions due to the coronavirus pandemic brought seven projects of 100 MW in total to a halt.

Oil Price

Saudi Arabia Cuts May Crude Prices to Asia by $4.2 Per Barrel

Saudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai average.

Oil&Gas Drilling

Non OPEC+ Crude Oil Supply Cuts

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd).

Oil Shale

U.S. Shale Production To Drop By Record Amount In April

The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…

Crude Oil

Opec+ Plans to Cut Output by 20mn bpd: Trump

Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond…

Sudden Widespread Biodiversity Losses Could Occur Around the Globe from Climate Change

​A warming planet may lead to swift, possibly catastrophic reductions throughout this century, study.

Solar Power Plant

Europe's Largest Solar Plant Feeds First Power into Spanish Electric Grid

Developer Iberdrola commissions giant 500MW Nunez de Balboa PV plant in Extremadura where larger Francisco Pizarro project due on-line next year.

Electric Car

Will Synthetic Fuel be a Viable Alternative to Battery-Electric or Fuel Cells?

What if, instead of switching to batteries or fuel cells to reduce emissions, you could keep internal-combustion engines and simply put a different fuel in the …

Wind Farm

Sweden Puts Online 288-MW Wind Farm

The 288-MW Askaelen wind farm in Sweden, owned by Dutch pension fund manager APG, is now operational.

Electric Car

China's EV Sales Show Signs Of Recovering From Coronavirus Pandemic

Sales of new vehicles in China tumbled in February, which is hardly surprising since much of the country was in lockdown mode due to the coronavirus pandemic.