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Oil Price

Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout

​U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…

Combined Heat and Power

Plans Unveiled for Major CHP Heat Network in London

​What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.

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.

Oil Price

Australia's Woodside Sees Low Oil Prices into 2021

Australian independent Woodside Petroleum expects low oil prices to persist for the rest of 2020 and into next year.

Nuclear Power Plant

Finland Performs Remote Inspection of New Nuclear Plant Project

Finnish nuclear regulator STUK has carried out a scheduled inspection of RAOS Project Oy - a subsidiary of Russia's Rosatom - via Skype, in line with social dis…

Oil&Gas Drilling

Russia’s Grand Plan For Arctic Oil Is Under Threat

Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…

Offshore Wind Power

WPD Strengthens Presence in Taiwan Offshore Wind Market

Offshore wind developer wpd has strengthened its presence in Taiwan by signing a joint venture agreement with Taiwan Green Power.

Invited for Providing Turbomachines

Tender are Invited for Providing Turbomachines (Fans - Compressors - Pumps - Turbines）

Historic Shift: U.S. Energy Production Outpaced Consumption in 2019, EIA Says

Energy hasn’t felt this groundbreakingly productive since Elvis Presley was electrifying audiences with “All Shook Up.”

Oil & Gas Trade

U.S. Oil Futures Plunge Nearly 25 Pct Amid Fears of Filled Storage

Oil prices fell significantly on Monday with the U.S. benchmark down nearly 25 percent amid fears over a growing scarcity of oil storage space.

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.

Nuclear Power Plant

Czech Republic Aims for Dukovany Progress This Summer

Czech utility ČEZ applied to the State Office for Nuclear Safety on 25 March to construct two new reactors at its Dukovany nuclear power plant.

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 Price

Oil Fund's Forced Sales Send WTI Prices Plunging Again, Says Kemp

Front-month U.S. light crude oil futures prices slumped almost 25% yesterday,

Oil Field

Neptune Energy Sees Delay to Start-Up of Fenja Oilfield

Production at the Fenja oil and gas field off Norway will be delayed due to the restrictions imposed as a result of the COVID-19 outbreak.