O

Repairs and refurbishment of lv electrical motors

Tenders are invited for Repairs and refurbishment of lv electrical motors

Supply of conductivity meter

Request for Quotation for Supply of conductivity meter

Crude Oil

Oman Plans About 30 Per Cent Cut in July Crude Allocations

​Oman has notified all its crude oil term customers of a cut of about 30 per cent in their allocations for July loading and delivery, Oman's oil and gas minist…

Market Analysis

Worldwide Lockdowns to Reduce Nuclear Power Output by 3 Per Cent in 2020

​Global nuclear power generation will decline by 3 per cent from 2019 levels in 2020 due to the lockdowns imposed in the wake of the Covid-19 spread, according…

Oil Price

Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout

​U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…

Crude Oil

Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts

​Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…

Coal Mine

Coal India April Shipments Fall 25.5% as Lockdown Erodes Demand

​Coal India Ltd.’s shipments in April slumped 25.5% from a year earlier after more than a month-long nationwide lockdown halted economic activity, eroding dem…

Crude Oil

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

​The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…

Combined Heat and Power

Plans Unveiled for Major CHP Heat Network in London

​What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.

Wind Turbine

East Anglia ONE Offshore Windfarm Completes Turbine Installation

​ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have successfully installed every single turbine on the East Anglia ONE offshore windfa…

Energy Storage Project

Wärtsilä to Deliver 70 MW Energy Storage System in California

​Technology group Wärtsilä is finalising a 70 MW energy storage and energy management system project in the California Independent System Operator (CAISO) en…

Solar Power Plant

Dubai Achieves Record Low PV Tariff for 900 MW Solar Project

Dubai Electricity and Water Authority (DEWA) has awarded the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park to an ACWA-Power-led consortium.

Market Analysis

Siemens Gamesa Acquires Senvion’s Ria Blades Factory in Portugal

​Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has acquired all the shares in Senvion’s Ria Blades factory.

Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues

Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.

Oil Price

OPEC+ Oil Production Hits 13-Month High As Output Cuts Start

​After the collapse of the previous OPEC+ deal in early March, OPEC opened the taps in April, pumping at its highest level in 13 months.