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Crude Oil

$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy

Diamond Offshore Drilling has filed for Chapter 11 bankruptcy protection, becoming the second major victim of the oil market crash so far, after Whiting Petrole…

Energy Transition

Geothermal Energy the Rising Star for the Netherlands'Energy Transition

Geothermal energy has great potential to facilitate heat transfer and eliminate the need for natural gas in the Netherlands.

Geothermal Power Plant

Start of Construction for Kirchanschöring Geothermal Project

Early civil work began on the kochanskronen geothermal power plant in Bavaria, Germany.

Poland Expects Solar Energy to Help Meet Demand in Summer Heat

Poland's grid operator said the country's solar capacity would rise to 2 gigawatts this summer.

Crude Oil

Oil Majors May Be Forced To Cut Crude Output In Nigeria

The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.

Crude Oil

Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal

Oil prices plummeted again on Monday, with WTI Crude crashing by 23 percent to just $13 a barrel at 2:30 p.m. EDT.

Coal Price

Bharat Coking Coal Slashes Coal Prices by 10%

Coal subsidiary bharat coking coal has cut coal prices by 10%.

Oil Price

Trump Could Use ‘Nuclear Option’ To Make Saudi Arabia Pay For Oil War

President Donald Trump is considering all options available to him to make the Saudis pay for the oil price war as the crash that followed has done significant …

Crude Oil

Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations

Petrobras has cancelled most of the cuts it had announced.

ABB Expects Sharp Drop in Demand from Coronavirus Lockdowns

Over the next three months, the coronavirus outbreak will trigger a "significant drop" in demand.

Solar Power Plant

Coronavirus Putting 150 GW of Asia Pacific Renewables Projects at Risk Says Report

Up to 150 gigawatts of wind and solar projects in the asia-pacific region could be delayed or cancelled.

Wind Farm

Masdar Refinances Stake in London Array Windfarm

Masdar Energy UK, a wholly-owned subsidiary of UAE clean energy group Masdar, has refinanced its stake in the London Array offshore windfarm.

Hydropower Plant

China Yangtze Power Acquires Peru Utility Luz Del Sur

It has completed the purchase of an 83.6 per cent stake in Luz Del Sur, a Peruvian utility, for $3.59bn.

Nuclear Power Plant

No Radiation Risk from Fires at Chornobyl: IAEA Report

A recent fire in a restricted area near the chernobyl nuclear power plant in Ukraine poses any radiation-related risk.

Wind Farm

Covid-19 Delays Construction at £320m Scottish Wind Farm

The project is a joint venture between Vattenfall, a Swedish state-owned company, and Greencoat, a UK renewable energy company.