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LNG
India's Top Gas Importer Close to Long-Term Deal Around Spot Prices
India's top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum of liquefied natural gas with prices near the spot…
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
German Aircraft Engine Firm Targets Potential Geothermal Exploration for Heating
As reported locally, German aircraft engine manufacturer MTU Aero Engines AG targets the exploration if the company can use geothermal energy to supply its plan…
Oil Pipeline
UAE Oil Major Signs A $20 Billion Gas Deal
UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.
China Energy
China Sets NEV Quotas Till 2023
The Chinese government has now made the final decision to extend its quotas for New Energy Vehicles beyond 2020.
Oil Price
Oil Prices Will Hit $50 Before The End Of The Year
Despite fears of a second wave of COVID-19, oil markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten.
Energy Storage Battery
Lithium Batteries for Solar Under the Quality Spotlight with PI Berlin's New Service
Making sure the production quality of the batteries they choose meets their requirements.
Market Analysis
Magellan Sees 3Q Gasoline Demand Recovery
Fuel demand in Magellan's Midstream Partners' more rural central US markets has recovered faster than more urban regions, chief executive Mike Mears said today.
Hydrogen Fuel Cell Vehicle
Australian Startup H2X Launches to Produce Hydrogen-Powered Hybrid Vehicles
Australian startup H2X has launched with the mission of producing a range of hydrogen-powered hybrid vehicles targeting different applications and markets.
Thermal Plant
Climate Targets Warrant Closure of All Gas, Coal Power Plants Soon, Study Shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming.
Electric Car
Renault Rattled by Threat from Imports of Chinese Electric Cars
A flood of Chinese electric cars coming ashore in Norway -- one of the biggest markets for battery-powered vehicles in Europe.
Oil Price
Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market
Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.
Solar Technology
ESMC and ETIP-PV Joined the European PV Production Programme
The "Solar Manufacturing Accelerator" platform gets reinforcement.
Gas Turbine
General Electric Gets New Order from Japanese Power Producer JFE
General Electric has secured a new order from Japanese power producer JFE Steel for upgrading a gas turbine at Chiba Power Plant.
Thermal Plant
Thermal Power Plants must Shut Down Early to Meet Climate Targets, Says Study
Coal and gas-fired power plants would have to shut down 10 to 30 years sooner than their usual 35 to 40-year lifespan so that climate targets can be met.
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