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Oil & Gas Trade
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i…
Oil & Gas Trade
Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets
The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted …
Oil & Gas Trade
India Oil & Gas Industry Might Need More Time to Recover
Most O&G CXOs believe that the recovery for the sector is likely to be longer, and more protracted than anticipated.
Clean emission
India CO2 Emission Fall, First in 4 Decades
India's emissions of toxic carbon dioxide are falling for the first time in 40 years because of a slowing economy, the growth of clean energy and a continuing b…
Electric Car
Renewable Energy Could be Unbothered by Pandemic
Law firm Ashurst has released a report into a number of emerging technologies in the energy sector, such as electric vehicles and battery storage, highlighting …
Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…
Oil Price
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…
Mexico Power Reliability Proposal Challenges Renewable Sources
Mexico’s energy ministry is seeking to prioritize state-run utilities over new entrants to support supply stability.
Energy Technology
Kobe Team Develops Method for Highly Efficient Hydrogen Production
A team led by an associate professor at the molecular Photoscience research center at kobe university in takagawa has developed a strategy.
Hydrogen Fuel Stations
Hyundai and Partners Set Up a Hydrogen Station at Incheon Airport
A hydrogen refueling station for fuel cell electric buses has been set up at terminal 2 of incheon airport.
Nuclear Fuel
Euratom Report Focuses on Security of Fuel Supply
A new report by the European atomic energy supply agency (ESA) identifies three major threats to the eu's nuclear fuel supply.
USA Calls for A Uranium Reserve Programme
Rita Baranwal, assistant secretary for nuclear energy at the Department of Energy, said the country's ability to produce domestic nuclear fuel is "on the verge …
Clean emission
South Korea Wants to Double Renewables Target by 2034
Korea has proposed aiming for renewable sources to account for 40% of the nation's power by 2034. The current plan targets 20% by 2030.
Geothermal Power Plant
Djibouti Launches the Geothermal Exploitation Project
The board of directors of the African Development Bank approved, additional funding of $3.22 million for the geothermal exploitation project in the Lake Assal r…
Solar thermal
Solaris Says Europe will Have New Solar Records in 2020
Following solar production records set in the UK, Germany and Spain in March and April, the European solar market is set to break further records in 2020, accor…
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