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Crude Oil

Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister

​Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.

Liquid Hydrogen

World’s Largest Liquid Hydrogen Plant to be Constructed in Ulsan, South Korea

The world’s largest liquid hydrogen plant is set to be constructed in Ulsan, South Korea by Hyosung group in partnership with chemical company Linde.

Oil Price

Canada’s Oil Patch Struggles To Survive The Worst Recession Ever

Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities and analysts will have a fuller picture o…

Installation of 2x10kw Solar power

Tenders are invited for Procurement and Installation of 2x10kw Solar power with infrastructure for identified Primary Health Care Centre

Solar-powered Borehole and overhead tank

Tenders are invited for Construction of solar-powered Borehole and overhead tank, irrigation equipment & Installation of Green House in Plateau State Plateau st…

Market Analysis

Worldwide Lockdowns to Reduce Nuclear Power Output by 3 Per Cent in 2020

​Global nuclear power generation will decline by 3 per cent from 2019 levels in 2020 due to the lockdowns imposed in the wake of the Covid-19 spread, according…

Crude Oil

Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts

​Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…

Coal Mine

Coal India April Shipments Fall 25.5% as Lockdown Erodes Demand

​Coal India Ltd.’s shipments in April slumped 25.5% from a year earlier after more than a month-long nationwide lockdown halted economic activity, eroding dem…

Combined Heat and Power

Plans Unveiled for Major CHP Heat Network in London

​What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.

Wind Turbine

East Anglia ONE Offshore Windfarm Completes Turbine Installation

​ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have successfully installed every single turbine on the East Anglia ONE offshore windfa…

Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues

Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.

Oil Price

OPEC+ Oil Production Hits 13-Month High As Output Cuts Start

​After the collapse of the previous OPEC+ deal in early March, OPEC opened the taps in April, pumping at its highest level in 13 months.

Market Analysis

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

​The International Energy Agency (IEA) has released a report into the impacts of Covid-19 on global energy demand and carbon dioxide emissions, revealing that …

Wind Farm

Ørsted’s Borssele Offshore Wind Farm Delivers First Power

​Danish renewable energy company Ørsted has announced that its 752MW offshore wind farm Borssele 1 and 2 generated the first clean power to the Dutch grid.

Electric Vehicle Charging

Hitachi and Gridserve Partner on Multi-Million-Pound Renewable Deal

Hitachi Capital UK and UK renewable energy company Gridserve Sustainable Energy have signed a partnership agreement to develop solar farms and solar-powered ele…