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China

Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise

Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…

Kazakhstan

Kazakhstan to Fulfil its Obligations Under the OPEC+ Agreement

The ministry recalled that representatives of Kazakhstan told the OPEC+ secretariat that in the first 12 days of May there was an overproduction of oil in the c…

Serbia

Hoti: 105 MW Wind Park Bajgora in Kosovo* to Come Online by April

Enlight's wind park Bajgora is scheduled to be finished in April, Kosovo's* Prime Minister Avdullah Hoti said at the construction site during his visit with Amb…

Oil&Gas Drilling

Global Oilfield Services Under Pressure from Oil Price Drop

Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen…

Wave Energy

Scots Grant £1.4m to Reduce Wave Power Costs

Wave Energy Scotland (WES) has awarded a total of just under £1,400,000 to four projects aimed at bringing down the cost of wave power.

Oil Field

Petrobras Reaches New Production Record at Búzios Field

Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.

Energy Saving Products

New Lithium Battery Charges Faster, Reduces Risk of Device Explosions

Researchers at Texas A&M University have invented a technology that can prevent lithium batteries from heating and failing.

Oil & Gas Trade

Venezuela Restarts Gasoline Output At Only Operating Refinery

Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is …

Pumped Storage

Walcha Energy Signs Agreement with GE to Accelerate 500 MW Pumped Hydro Storage Project

Dungowan pumped hydro storage power plant will support 4GW of new renewable energy generation developed by Walcha Energy being fed into the grid.

Smart Grid

Electric Power Industry Needs Urgent Transformation, Huawei's New ICT Empowers Smart Grids

Today marked the Seventh Huawei Global Power Summit themed “Bits Drive Watts, Building a Fully Connected Smart Grid”.

Hydrogen Fuel Stations

Enagás Gets EU Support to Develop 16 Natural Gas, Hydrogen Stations

The company is coordinating the ECO-net Project, which aims to contribute to transport decarbonisation by introducing LNG, biogas and green hydrogen as fuels.

Crude Oil

Oil Rises Slightly Ahead of OPEC+ Meeting

Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.

Smart Grid

Bits to Watts for a Fully Connected Smart Grid

Electric power companies around the world want to improve their quality and efficiency by deploying data centres.

Hydrogen Fuel Cell Vehicle

HYZON Motors Announces Europe's First Dedicated Hydrogen Truck Production Facility

HYZON Motors Building Fuel Cell Trucks in the Netherlands, with immediate roll-out to European Countries.

Crude Oil

Iran Expands Oil Production Capacity

Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.