Nda

Crude

Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact

Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…

Oil & Gas Trade

Petrobras Selling Offshore Field and Blocks in Brazil

Petrobras said on Monday that these transaction were in line with the portfolio optimization and the improvement of the company’s capital allocation, aiming at…

Power Construction

New York Announces $341m Funding to Rebuild Transmission Lines

The Government of New York has announced a funding of $341m to rebuild an 86-mile stretch of ageing Moses-Adirondack transmission lines.

Electric Car

Toyota And Panasonic Launch Joint Venture To Make Electric Car Batteries

Toyota Motor Corp. and Panasonic Corp. will collaborate on developing a new generation of batteries for electric vehicles. The joint venture, announced Monday, …

Nuclear Technology

France and Poland Should Consider Nuclear Energy Cooperation

France and Poland should consider cooperation in nuclear energy, French Finance Minister Bruno Le Maire said on Monday, as central Europe’s largest economy loo…

Oil & Gas Trade

OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting

The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…

Coal Mine

Angloto Decide This Year on Fate of South African Thermal Coal Assets

Global miner Anglo American expects to decide this year whether to sell its South African thermal coal business, Chief Executive Mark Cutifani told Reuters on M…

Oil & Gas Trade

OPEC and Ally Russia to Discuss Oil Price Fall After Coronavirus Epidemic

OPEC members and their ally Russia will convene a technical meeting this week to analyze oil price falls since the outbreak of a coronavirus epidemic, a source …

Exploring the Potential for the Utilization of Geothermal for Heat and Power in Mongolia

In light of global challenges, the Swiss Agency for Development and Cooperation (SDC) and the Swiss National Science Foundation (SNSF) launched in 2012 the join…

Researchers Turbocharge Hydrogen Fuel Cells with Novel Ion-Conducting Copolymer

Renewed investments in hydrogen fuel cell technologies and infrastructure by companies like Amazon; nations like China; and automakers like Toyota, Honda, and H…

NIB Provides Loan to Finance Norwegian Hydropower Project

Nordic Investment Bank (NIB) is set to provide an Nkr600m (€59.39m) loan to finance Agder Energi’s Åseral Nord hydropower project along the Mandal watercours…

Hyundai Motor to Produce Hydrogen Commercial Cars in China

Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric veh…

Coal Company

​Coal India to Follow Environmental And Sustainable Standards

The miner's comment came after the CAG of India, in a report, said that six, out of seven coal producing subsidiaries of CIL, did not formulate environmental po…

Oil & Gas Trade

Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions

Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.

New Trump Administration Rule Complicates Efficiency Standards

Energy efficiency standards for facility equipment, such as commercial air conditioners and lighting, is the “top US policy for saving energy in buildings,” s…