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Oil & Gas Trade

Mexican Firm in Oil Swap with Venezuela Declares Bankruptcy

A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy.

Oil & Gas Trade

U.S. LNG Exporters Face New Test as China Tensions Resurface

U.S.-China tensions have bubbled up again, and commodity markets could be caught up in the turmoil, not least LNG.

Market Analysis

Why Has Tesla Halved the Model Y Delivery Timeline?

Tesla has cut the estimated delivery time for its Model Y to 4-8 weeks from 8-12 weeks after it restarts.

Oil & Gas Trade

Iran Ready to Send More Fuel to Crisis-Stricken Venezuela

Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.

Energy Transition

Dubai's Energy Transition Beats 2020 Target

Dubai Electricity and Water Authority has announced that the emirate's transition to clean energy, targeted at 7% for 2020, has been exceeded, with 9% of the re…

Wind Power Project

Vestas Bags 79 MW of Turbine Orders in UK, China

Danish turbine maker Vestas Wind Systems A/S on Friday said it has booked separate orders to equip two wind farm projects totalling 79 MW in the UK and in China…

Geothermal Power Plant

Investment of $65m Announced for Geothermal Greenhouse Operations in Aydin, Turkey

EG Enerji announced that it has signed an agreement with GMK Enerji for a giant project with a budget of $ 65 million.

Biobattery

UK Electricity Plant Nears Full Switch away from Coal

As the coronavirus pandemic undermines the production of cleaner renewable fuels, the UK's biggest electricity plant is close to using only biomass following a …

Electric Vehicle Battery

Buffett-Backed BYD to Supply EV Batteries to Ford

Chinese electric vehicle maker BYD Co Ltd , will supply EV batteries to U.S. automaker Ford Motor Co , a document on the website of the Ministry of Industry and…

Oil & Gas Trade

Putin, Trump Discuss G7 Summit, Oil Markets Over Phone

Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.

Market Analysis

Hydro is key to Expanding West Africa's Power Grid Flexibility

A new study has mapped the potential of solar-wind-water strategies for West Africa, a region where power grids are anticipated to greatly expand in the coming …

Energy Technology

Landmark Hydrogen Power Project for Spain's Construction Sector

A hydrogen-powered energy system is to be installed on a construction site in Spain in a project that may prove a milestone for cleaning up emissions in the bui…

Wind Power Project

Siemens Gamesa Contracted for 496MW Wind Power Plant in France

Siemens Gamesa Renewable Energy has secured a wind turbine supply contract from Iberdrola affiliate Ailes Marine in France.

Solar Power Plant

Longroad Energy to Build Solar and Battery Storage Projects in Hawai'i

Renewable energy project developer Longroad Energy has been selected to develop two utility-scale solar and battery storage projects in Hawai'i.

Rehabilitation of Ubungo Substation Protection

Tenders are invited for Rehabilitation of Ubungo Substation Protection and Control System