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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.

Norway Takes $41 Billion From Oil Fund To Bolster Economy

Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…

Wind Turbine

Botetourt Wants to Build the First On-shore Wind Farm in Virginia

The Botetourt County Planning Commission recommended approval for taller wind turbines allowed under the county's utility wind ordinance.

Geothermal Power Plant

Djibouti Launches the Geothermal Exploitation Project

The board of directors of the African Development Bank approved, additional funding of $3.22 million for the geothermal exploitation project in the Lake Assal r…

Solar thermal

Solaris Says Europe will Have New Solar Records in 2020

Following solar production records set in the UK, Germany and Spain in March and April, the European solar market is set to break further records in 2020, accor…

Prominent Russian Academic Promotes Nuclear Production of Hydrogen

Nikolay Ponomarev-Stepnoy, scientific advisor to the director general of Russian nuclear utility Rosenergoatom, said on 7 May that Russia “may take a leading p…

Wind Power Project

Inox Wind Begins Execution of 1st Phase of Wind Power Projects in Gujarat

Wind energy solutions provider Inox Wind on Monday said it has begun executing the first phase of 250-megawatt wind power projects in Gujarat following the rece…

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 & Gas Trade

NOC to Produce LPG in Sharara Oil Field for Local Consumption

National Oil Corporation’s subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the …

Atlantica Yield Nets USD 143m in Green Project Financing

Atlantica Yield Plc said it has secured green non-recourse project financing it expects to use to fund new investments in renewable assets.

Biomass Power Plant

Valmet to Convert Coal-Fired Facility to Biomass in Poland

Valmet has received an order from Zespół Elektrowni Pątnów-Adamów-Konin SA (ZE PAK) to convert a lignite-fired boiler into a biomass-fired boiler at its po…

Oil and Gas Technology

Itron Announces Innovative Gas Technology for Gen5 Network

Itron has announced its innovative 500G gas Encoder Receiver Transmitter module is now available on its Gen5 network.

Oil Field

Ghana Instructs Eni and Local Producer to Combine Oil Fields

Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields.

LNG

GLOBAL LNG: Asian Spot Prices Recover a Little on Improving Demand

Spot prices for liquefied natural gas in Asia rose slightly this week.

Market Analysis

Renewables Overtake Coal in US Power Generation

Hydropower plants, solar farms, and wind farms generated more electricity than coal in the United States for a record 40 days in a row, the Institute for Energy…