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Oil & Gas Trade

US DoE Aims to Double Oil and Gas Production Rates

Fossil energy secretary puts his faith in technological development to boost output and CCUS to ultimately reduce emissions.

Geothermal Might Replace Coal and Revolutionise Production of Heat in Finland

An article published last month in Finland is looking into efforts in the country to utilise geothermal energy for the heating needs of the country and in parti…

Financial Close Reached for Expansion of Azito Gas-Fired Power Plant

A financial close has been reached to pave way for expansion of Azito gas-fired power plant in Côte d’Ivoire. Independent power producer Globeleq and IPS (Wes…

Market Analysis

Coronavirus to have Limited Impact on Chinese Polysilicon Industry

The coronavirus outbreak may have only limited consequences for the Chinese polysilicon industry, according to analyst Johannes Bernreuter.

Oil Price

Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope

Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…

Offshore Wind Power

Smart Robotics and Automation to Improve Productivity in Offshore Wind

Magnomatics, a magnetic gear manufacturer, has won funding from a key offshore wind supply chain support programme to help solve the challenge of robotic placem…

Crude

Rosneft Inks Deal with India’s Top Refiner on up to 2 MILLION Tons of Crude Supplies

The signing took place during Rosneft CEO Igor Sechin’s visit to New Delhi.

New Hydrogen Fuel Cell Innovation Supercharges Using Ion-Conducting Copolymer

Researchers are discovering new possibilities through the use of polymer-electrolyte fuel cells.

Solar Power Plant

150MW Hungarian Solar Power Plant Project Obtains $125M Investment Proposal from Capital Corp Merchant Banking

With the EU raising the price of lignite in an effort to reduce greenhouse gases and fight against climate change, the Hungarian government has decided to turn …

Nuclear Power Plant

Russia Reaches Milestone with Kursk II RPV

Kursk II will also be the first Russian nuclear power plant to have a digital automated system for managing costs and scheduling during the construction process…

Coal-Fired Power Plants

Uniper to End its Hard-coal-fired Power Production in Germany

Uniper is moving forward with its transformation and the further decarbonization of its portfolio.

ATU Faculty to Study Hydrogen Fuel Cells for Cars

Engineering faculty members at Arkansas Tech University have earned a $63,648 grant to conduct an experimental investigation of a hydrogen fuel cell engine in a…

Germany Floats Draft Hydrogen Strategy Ahead of EU Presidency

Germany’s draft hydrogen strategy envisages the use of CO2-free gas for the industry and transport sector, as well as millions for research. Under the draft pl…

Oil&Gas Drilling

BP Produces First Oil from Alligin Field Off UK

Oil major BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.

Siemens Gamesa Swings to Loss and Cuts Guidance

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year…