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Oil Shale
U.S. Shale Needs To Slow Down To Survive
Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr…
Crude Oil
China Crude Oil Runs Rebound in April as Fuel Demand Picks Up
The country processed a total of 53.85 million tonnes of crude oil last month, data from the National Bureau of Statistics (NBS) showed on Friday, equivalent to…
Crude Oil
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…
Nuclear Technology
DOE Launches Program to Demonstrate Advanced Nuclear Reactors Within 5 Years
Private developers of nuclear reactors in the United States are demonstrating their technology in the United States.
Oil Field
Somalia Readies for First Bid Round of Oil Fields
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.
Wind Turbine
Seawind Steps Up Development of Radical Two-Blade Offshore Turbine
Sea breeze Marine technologies will install a 6.2-megawatt floating twin-blade demonstrator in Scottish waters next year.
Solar Power Plant
CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio
CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.
Crude Oil
Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'
State oil company Petrobras on Thursday reported a big loss in the first quarter of the year.
First, Renewable Energy Is Poised to Eclipse Coal in U.S.
The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…
Wind Farm
Equinor, SSE Pick Base Location for World’s Largest Offshore Wind Farm
Equinor and SSE Renewables have selected the Port of Tyne in northeast England to house the Operations and Maintenance (O&M) base for the world’s largest offsh…
Solar Company
Australia’s Rooftop PV Juggernaut Displaces Fossil Fuel Generators
The unstoppable growth of Australia’s rooftop PV fleet continues to eat into the pie previously reserved for coal and gas, a new audit of the National Electric…
Crude Oil
Russia’s OPEC+ Challenge: Cut Output Without Maiming Industry
Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fiel…
Nuclear Technology
Tepco Prepares to Survey Fukushima Daiichi Unit 2 Fuel Pool
Tepco has carried out training in the operation of a submersible remotely operated vehicle (ROV) that will be used to investigate the used fuel pool of unit 2 a…
Solar Power Plant
Massive Floating Solar Plant Secures 25-year PPA in Singapore
A 60MW floating solar plant that will take Singapore’s national water utility to 100 per cent renewables is set to be built off the back of a 25-year power pur…
Market Analysis
Global Oil Demand Could Take Years To Recover
Global oil demand will take at least a year to return to the pre-crisis levels of 100 million barrels per day , Fatih Birol, Executive Director of the Internati…
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