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Oil & Gas Trade

The Oil Market will Weigh Fresh Cues on Chinese Demand

Sour crude benchmark Dubai futures' discount to ICE Brent widened slightly in mid-morning trade in Asia Monday, while the market will weigh fresh cues on Chines…

Crude

Crude Oil Futures were Lower During Mid-Morning Trade in Asia

Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil funda…

Electric Vehicle Charging

Korean Three Large Oil Refiners Push Into EV Charging Market

Hyundai Oilbank, GS Caltex and SK Innovation -- are seeking new opportunities in electric vehicle charging infrastructure, amid slowing sales of diesel cars and…

Oil & Gas Trade

China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka

China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along…

Hydrogen Fuel Cell Nexo Wins One of Two Awards for Hyundai from Automotive INNOVATIONS Awards for Most Innovative Brand

Hyundai has received two further major awards for the future-oriented direction of its drive technologies.

Smart Grid

Canada Launches First Utility-Scale Microgrid System

Ontario-based municipal utility North Bay Hydro Services has partnered with smart grid solutions firm S&C Electric Company to launch Canada’s first utility-sca…

Nuclear Fuel

Nuclear Monitor Confirms Iran Exceeding Uranium Enrichment Cap

The international agency says that nuclear monitors Iran's compliance with the Obama-era nuclear deal confirmed Monday that Tehran has exceeded the agreement's …

Output of Iran' s Hydroelectric: Four Times more than the Figure for Last Year’s Same Period

The electricity output of Iran’s hydroelectric power plants is expected to reach 20,000 gigawatt hours (GWh) in the first half of the current Iranian calendar …

Donald Trump Painted Himself as a Steward of the Environment

In a speech Monday, President Donald Trump painted himself as a steward of the environment, arguing that his policies promote clean air and water while also hel…

Octopus Energy Investments Changes Name

UK onshore renewables investor Octopus Energy Investments has decided to change its name to Octopus Renewables, it was announced on Monday.

First All-New Hyundai NEXO Arrives in Switzerland

The first car arrived and was accepted by Roland Gysel, Swiss entrepreneur and H2 electric driver three years ago and now he will soon be switching from the ix3…

Nuclear Fuel

Unilateral Bullying has Already Become a Worsening Tumour

“The maximum pressure exerted by the US on Iran is the root cause of the Iranian nuclear crisis,” Geng Shuang, spokesman for China’s Foreign Ministry, told a…

Crude

Oil and Gas Remained Part of Key Solutions in Combating Climate Change

The Organisation of the Petroleum Exporting Countries said on Monday that it believes oil and gas remained part of key solutions in combating climate change.

Nuclear Policy

Iran: The US always Pursues a Policy of Deception to Distort the Realities

"The (IAEA) board of governors should hold a meeting on Donald Trump's violation of the nuclear deal and not on Iran's move in line with exercising its inaliena…

Oil & Gas Trade

A tanker Damaged by Iran's Bombing Has Reopened

According to ship tracking data compiled, the Andria Victory is sailing in the northern Gulf and has listed Iran's Bandar Imam Khomeini as its destination.