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Oil Price

Canada Energy Minister: Oil Price Recovery will be Gradual

In an interview with Energy Intelligence, Sonya Savage, Energy Minister of Canada's hydrocarbon-rich province of Alberta said, the oil price recovery will be gr…

Coal-Fired Power Plants

Closed Texas Power Plant May be Refired in 2021

A now-closed coal-fired power plant in Texas may be reopened in 2021 to help meet what is projected to be record high demand for electricity.

Solar Power Plant

After Record Low Solar Tariff Quote, ACME Seeks to Withdraw From Project

New Delhi, May 20 After shocking the world by quoting record low solar tariff of Rs 2.44 kWh in its bid for a SECI power project in Rajasthan, the winning bidde…

Solar Power Plant

Quinbrook Infrastructure Partners Launches New Solar Development Company

Renewables investment manager Quinbrook Infrastructure Partners has launched a new solar-plus-storage development arm headed by former executives from First Sol…

Energy Technology

Wärtsilä Developing Hydrogen Technology for Shipping

The hydrogen technology is one of a series of unprecedented engine and gas supply systems being developed in wartsila.

Oil Shale

U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low

U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In…

Pumped Storage

SSE Calls on UK Government to Support Pumped Storage

UK utility SSE is expected to receive planning permission to build a 1.5gw pumped storage plant in Scotland.

Oil Shale

U.S. Shale Could Crush the Oil Market Recovery

As the two petro-nations duked it out, the global oil glut ballooned to a massive oversupply and oil storage deficiency that persists today.

Oil & Gas Trade

Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand

The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.

Middle East Second Most Popular Region for Renewable Energy Investment

The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…

French Nuclear Energy Society : Nuclear Essential to Economic Recovery

Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …

Oil & Gas Trade

US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week

The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…

First, Renewable Energy Is Poised to Eclipse Coal in U.S.

The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…

Market Analysis

Global Oil Demand Could Take Years To Recover

Global oil demand will take at least a year to return to the pre-crisis levels of 100 million barrels per day , Fatih Birol, Executive Director of the Internati…

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…