Rice

Oil Price

Why Oil is up 80% in a Month?

Why oil is up 80% in a month?

United Kingdom

BP Cuts Dividend for First Time in a Decade After Record Loss

The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.

Australia

Green Hydrogen : Can Australia lead the world?

​Green hydrogen, or renewable hydrogen, is now a very real commercial prospect thanks to the plummeting prices of wind and solar power.

Oil Price

ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s

Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.

South Africa

Eskom Wins Tariffs Hike Case, Overruling Energy Regulator

The judgement on the Eskom board review of the National Energy Regulator of South Africa’s decision on the Multi-Year Price Determination 4 was delivered on Tu…

Netherlands

Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend

Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.

Oil Price

Why Oil Remains Stuck at $40

Oil prices posted gains once again on Wednesday on the back of bullish data from the EIA, but analysts are warning that plenty of downside risks remain.

Greece

Greece Records New Low Solar Price of €0.04584/kWh

The price tariff agreed by German company ABO Wind for two 10 MW solar projects in Igoumenitsa came in a tender which allocated only 142 MW of generation capaci…

Saudi Arabia

MENA Fund to Increase Saudi Investments with Eye to Recovery

Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…

United States

Another Permian Oil Producer Files For Bankruptcy

Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil pr…

Norway

How One Oil Major Excelled As Prices Crashed

When oil prices plunged to historic lows in April, the majority of oil producers, including OPEC+ nations, responded by drastically cutting production to get ri…

Oil Price

Oil steady as U.S. Stimulus Hopes Counter Demand Concerns

Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus ca…

Energy Storage Battery

The Future Of Energy Storage Beyond Lithium Ion

Over the past decade, prices for solar panels and wind farms have reached all-time lows.

Oil Price

Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh

Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.

A High-Class Digital Experience for the Global PV Community: EU PVSEC Goes Online

Be quick! The Early Bird deadline for the EU PVSEC 2020 is ending on 31 July. This is your last chance to benefit from highly discounted ticket prices for Europ…