Port

Local Company Seeking Permit for Geothermal Project at Noville, Lake Geneva, Switzerland

​Reported locally before the weekend, company Petrosvibri wishes to develop a deep geothermal energy project under Lake Geneva in Noville (VD), Switzerland. Th…

Smart Grid

UK’s Smart DCC Installs Cellular Network to Support Smart Meter Innovation

​UK smart grid management firm Smart DCC’s new Manchester office, Brabazon House, is now host to its own in-building advanced cellular network to enable testi…

CEFC to Kick-Start Australia’s Hydrogen Industry with New $300m Investment Fund

The federal government has established a new $300 million fund to invest in Australia’s emerging hydrogen industry, which it hopes will kick start jobs and exp…

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…

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…

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.

Market Analysis

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

​The International Energy Agency (IEA) has released a report into the impacts of Covid-19 on global energy demand and carbon dioxide emissions, revealing that …

Energy Storage Material

China's Export of Rare Earth up 19.2 Pct in March

China's export of rare earth increased by 19.2 percent year on year to reach 5,551 tonnes in March, according to data from the General Administration of Customs…

Crude Oil

U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve

U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.

Oil Price

Canada’s Oil Firms Set To Curtail Output By At Least 1 Million Bpd

Companies in Canada have already reacted to the oil price plunge, but analysts and investors will be looking for further clues in the earnings reports about how…

Hydrogen Fuel Cell Vehicle

China Develops its First Hydrogen Powered Tram for Passenger Transport

In a move to shrink greenhouse gas emissions, the country has developed and built the H2 vehicles.

Pumped Storage

New DOE Report on Environmental Effects of Pumped Storage Hydropower

The U.S. Department of Energy has released a new report as part of its HydroWIRES initiative: A Comparison of the Environmental Effects of Open-Loop and Closed-…

Oil & Gas Trade

China Set to Issue First-Ever Export QQuotas for VLSFO of 10 mln T for 2020

China is set to release its first-ever quotas to export very low sulphur fuel oil with total volumes of 10 million tonnes for this year.

Energy Storage Battery

KIST Develops High-Performance Ceramic Fuel Cell that Operates

Thin-film catalyst incorporation enables high-performance over butane fuel at 600°C or below. The technology considerably widens the application range of ceram…

Hydrogen Fuel Cell

Why Hydrogen Fuel Cells are the Future of Sustainable Transport

Fuel cell technology has been in development since the late 1800s and hydrogen fuel cells have been around since the early 1930s. However, they have never been …