It

Africa Energy

Sharara Reopens in Libya

As the Government of National Accord makes gains in its military struggle with the Libyan National Army, the Sharara oilfield has restarted production.

Venezuela's New Gasoline System Fails to End Epic Lines

Hundreds of Venezuelans queued up in miles-long lines to try to fill their cars with subsidized gasoline over the weekend.

Energy Technology

Electric Vehicles Boom will Push Nickel Sulphate Supply to Peak in 2027

With the demand from the electric vehicle sector continuing to accelerate, Nickel Sulphate production is expected to rise from 211 kilo-tonnes in 2019 to its pe…

Hydropower Plant

Uzbekistan Issues Tender for 23 MW Hydropower Capacity

JSC Uzbekhydroenergo, Uzbekistan's state hydropower producer and developer, has announced a tender for the design and construction of the 6 MW Rabat, 8 MW Chapp…

Oil Price

Oil Advances Above $43 after OPEC+ Extends Production Cuts

Oil advanced above $43 a barrel in London after OPEC and its allies agreed to extend historic output curbs by an extra month.

Oil Price

OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020

Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.

Wind Farm

Iberdrola's CAVAR Wind Power Complex Begins Operations in Spain

Spanish electric utility company Iberdrola has started operations of its CAVAR wind power complex in Navarra, Spain.

Offshore Wind Power

Germany Seeks 5-Fold Increase in Offshore Wind Power by 2040

The German government wants to increase offshore wind power capacity five-fold by 2040 as part of its plan to wean the country off fossil fuels.

Toyota to Launch Hydrogen Fuel Cell Venture with Chinese Auto Firms

Japanese automaker Toyota Motor Corp said on Friday it would launch a new China joint venture with Chinese auto companies to develop fuel cell systems.

Energy Technology

Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker

A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…

Crude Oil

OPEC+ Meetings Postponed Until Mid-June

The OPEC+ group has postponed its technical and monitoring meetings until the middle of June.

Crude Oil

Crude Oil Futures Rise on Spot Demand

Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.

Nuclear Power Plant

Ontario Completes First Darlington Refurbishment

Unit 2 of Ontario Power Generation's Darlington nuclear power plant has been reconnected to the grid at 100% full power, marking the official completion of the …

Crude Oil

Indonesia Sees Product Demand Up 160,000 b/d by 2026

Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need…

Italy’s Cabinet Contests Regional Law on Hydro Licences

The Italian government has challenged Lombardy's regional regulation on hydro concessions.