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Crude Oil
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…
Crude Oil
Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'
State oil company Petrobras on Thursday reported a big loss in the first quarter of the year.
Wind Farm
Equinor, SSE Pick Base Location for World’s Largest Offshore Wind Farm
Equinor and SSE Renewables have selected the Port of Tyne in northeast England to house the Operations and Maintenance (O&M) base for the world’s largest offsh…
Oil & Gas Trade
OPEC Says Nigeria's Oil Output Dropped Last Month
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 20…
Energy Investment
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…
Oil & Gas Trade
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i…
Oil & Gas Trade
India Oil & Gas Industry Might Need More Time to Recover
Most O&G CXOs believe that the recovery for the sector is likely to be longer, and more protracted than anticipated.
Electric Car
Renewable Energy Could be Unbothered by Pandemic
Law firm Ashurst has released a report into a number of emerging technologies in the energy sector, such as electric vehicles and battery storage, highlighting …
Mexico Power Reliability Proposal Challenges Renewable Sources
Mexico’s energy ministry is seeking to prioritize state-run utilities over new entrants to support supply stability.
Coal Trade
Australia Eases Access to Seaborne Coal Markets
Coal ports in Queensland, Australia, are easing restrictions on covid-19 for foreign crew members.
Hydrogen Fuel Stations
Hyundai and Partners Set Up a Hydrogen Station at Incheon Airport
A hydrogen refueling station for fuel cell electric buses has been set up at terminal 2 of incheon airport.
Nuclear Fuel
Euratom Report Focuses on Security of Fuel Supply
A new report by the European atomic energy supply agency (ESA) identifies three major threats to the eu's nuclear fuel supply.
Coal Trade
China Should Tighten Controls on Met Coal Imports: CCTD
China's government-backed coal transport and distribution association has called on authorities to tighten restrictions on imports of metallurgical coal.
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
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