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Oil & Gas Trade
Showing Honest Solidarity and Working Remotely ElektroMotion Series Being Supportive Technology
Recently industrial activity has been substantially reduced and labor forces worldwide have been affected heavily.
Tidal Energy
Europe still Leads the World in Tidal Energy Installations
Europe still leads the world in tidal energy installations, and European tidal stream projects generated 50% more electricity in 2019 than the year before, acco…
Updated 2020 Solar Installation Forecast Sees Rapid Recovery for China
Solar manufacturing was severely disrupted in Q1 2020 as the Chinese national holiday was extended and restrictions were placed on movement.
Tidal Energy
India Gives Up On Tidal Power
India has given up on development of two tidal power plants.
Oil Pipeline
Putin Approves a New Gas Pipeline to China via Mongolia
Russian President Vladimir Putin on Friday approved the launch of a feasibility study for the Power of Siberia-2 pipeline.
Wind Power Project
Vestas Secures Fourth Intertidal Wind Energy Project in Vietnam
Maintaining its successful momentum with 200 MW order intake in Vietnam last year.
Oil Price
Saudi Arabia Says no Talks on New Oil Deal, Moscow Suggests Larger OPEC+
Saudi Arabia said on Friday that it is not in talks with Russia to balance oil markets, despite rising pressure from Washington to stop a price rout, amid the c…
Tidal Energy
Harnessing Marine Energy at all Scales, from a Village Microgrid to a Vast Tidal Inlet
Expedition leaders in days gone by hitched huskies to their sleds to traverse the frozen terrain. Now, a new type of pioneer is harnessing a much different type…
Tidal Energy
European Tidal Stream Output 'Jumps 50%'
European tidal stream projects generated 50% more electricity in 2019 than in 2018, according to statistics released today by Ocean Energy Europe (OEE).
Global Wave and Tidal Stream Energy Production Surges Tenfold
Global wave and tidal stream energy production have risen tenfold over the last decade, according to a report issued by Ocean Energy Systems (OES).
Coal Trade
China's January-February Coal Output Drops 6.3% as Coronavirus Disrupts
China's coal output in the first two months of 2020 fell 6.3% from the same period a year earlier as the coronavirus outbreak stopped miners from getting back t…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain
With the economy reeling, United States President Donald Trump on Friday, March 13, declared a national emergency to stem the damage from the coronavirus, unloc…
Oil & Gas Trade
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude…
Crude
Saudis Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,…
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