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Oil & Gas Trade
Oil Surges 5% Falling Crude Output
Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.
Wave Energy
Ocean Energy – the Next European Industry
2.2GW of tidal stream and 423MW of wave energy could be deployed in Europe by 20301 and the industry forecasts it could install 100 GW in European waters by 205…
Crude Oil
China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analyst…
Wind Turbine
Wind Turbine Market Hits a New Supply Record
The size of wind turbines continues to rise, with the average rated capacity of new turbines exceeding 1,750 kilowatts in 2019, an increase of 72% from 2009 to …
Oil&Gas Drilling
ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells
Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…
Market Analysis
UK Double-Record: Electricity Prices and Carbon Emissions Hit New Lows
Both negative electricity pricing and carbon dioxide emissions from the UK's electricity sector hit record lows over the weekend.
Solar Power Plant
Spanish Authorities Green-Light 695MW of New Grid-Connected Solar
Spanish solar developer Solaria Energia has been granted approval from local authorities to build the grid-connected Barcina-Garoña PV Complex in Burgos provin…
Crude Oil
Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Energy Investment
Virus Sparks Record Drop in Energy Investment: IEA
The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.
Wind Turbine
SGRE Wins Turbine Contracts for 2,640MW Virginia Wind Farm
Siemens Gamesa Renewable Energy has won a contract to supply its SG 14-222 direct drive offshore wind turbine for the 2,640MW Coast Virginia Offshore Wind comme…
Nuclear Power Plant
Illinois Nuclear Power Plant Set a Record for Outages During Covid-19
Four of Exelon Generation's six Illinois nuclear plants safely completed refueling outages during the COVID-19 pandemic, setting new operational records at each…
Oil Price
Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level
Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.
Providing Consultancy Services on Support
Request for Proposals for Providing Consultancy Services on Support for Disaster Risk Management and COVID-19 Crisis Socio-Economic Recovery
Wind Power Project
Enel Recovers from C-19 Crisis with Three New Energy Farms
Enel Green Power has announced what it calls a huge measure in accelerating the company's recovery from the global crisis caused by COVID-19.
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