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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…

Oil Field

Petrobras Reports Pre-salt Discovries in the Santos and Campos Basins

Petrobras has confirmed pre-salt oil discoveries in the southeast area of the Buzios field in the Santos Basin and in the Albacora field in the Campos Basin.

Wind Power Project

Japan's Renova Takes Part in 144 MW Wind Portfolio in Vietnam

Japan's Renova, a renewable energy producer, is to participate in the construction of a 144-megawatt onshore wind farm in Vietnam.

European Commission unveils a New Renewables Projects Funding Scheme

The European Commission has launched a public consultation on draft rules to create a new EU financing mechanism to support renewable energy projects.

Commission Outlines Plan for EU Financing Mechanism to Support New Renewable Energy Projects

The Commission has this week opened a four-week public consultation for feedback on draft rules to establish a new EU financing mechanism to support renewable e…

Microgrid

New Solar + Storage Microgrid will Supply Zero-Emission Energy for Hawaiian Transportation Company

Renewable generation combined with energy storage, for backup supply, has been a long-time vision for the company.