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Crude Oil

OPEC’s Plan To Take Over The Global Oil Industry

The first three months of 2020 have shocked the global energy market to its foundations.

Electric Car

Toyota and BYD Announce New EV R&D Venture

Japanese vehicle brand Toyota and Chinese mega-manufacturer BYD have announced the launch of their new joint-venture, BYD Toyota EV, which will see the two gian…

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…