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NTPC's Profits Dropped to $1.34b in FY 2020
Generation declined to 290.19 billion units compared to last year.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Coal Production
Poland's Coal Production in May Decreased by 39.5% Year-on-Year
The decline in coal production was mainly due to the spread of COVID - 19, which caused a severe blow to the country's coal industry.
Supply and Delivery of Line Material
Tenders are invited for Supply and Delivery of Line Material
Coal Trade
IndexBox: Asia Pacific Coal Market Rises for Third Consecutive Year
In 2019, the Asia Pacific coal market increased by 6.1% to US$751.8 billion, rising for the third consecutive year after four years of decline.
Nuclear Power Plant
Last Reactor at Oldest French Nuclear Plant Going Offline
The last operating reactor at France's oldest nuclear power plant is scheduled to shut down June 30, some 43 years after the plant entered commercial operation.…
Oil & Gas Trade
Iranian President Announced the Launch of Three Oil Projects
On June 25, Iranian President Ruhani announced the launch of three oil projects on the same day.
Oil Pipeline
UAE: Snam with Consortium Acquires 49% Of ADNOC Gas Pipelines
This is an important investment opportunity in a strategic energy infrastructure, for the consortium, of which Snam is the only industrial operator.
Electricity Transmission
Dalekovod, ELES Sign Contracts for Power Lines Worth EUR 59.5 Million
Croatia’s Dalekovod Group has signed contracts for three projects with Slovenia's transmission system operator ELES. The investment is estimated at EUR 59.5 mi…
Gas power plant
Pennsylvania Site Latest Gas Plant Online in Building Surge
Gas-fired power generation in the U.S. remains the top source of electricity production.
Oil Pipeline
UAE Oil Major Signs A $20 Billion Gas Deal
UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.
Oil & Gas Trade
India's May Crude Oil Imports Post Biggest Decline Since at Least 2005
India's crude oil imports in May fell 22.6% from a year earlier, the biggest drop since at least 2005.
Implementation of the Process
Tenders are invited for Implementation of the Process of Building Medium-voltage Air Lines
Oil & Gas Trade
Venezuelan Oil Production Sinks to Lowest Output in 77 Years
Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…
Market Analysis
EIA: US Coal Consumption Continues to Decline Across All Sectors
US coal consumption has been declining since its peak in 2007 of 1.1 billion short.
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