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Oil&Gas Drilling
Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…
In Oil And Gas, Activist Investors Lose Steam
Relatively steady but low oil and gas prices in North America have led to a slowdown in energy M&A and activist investors are finding that when deals do happen,…
EV Market
EV Market Unlikely to Reach Price Parity with Gas-Powered Vehicles in next Five Years
An MIT study finds that electric vehicles (EVs) are likely to remain costly for longer than initially theorized.
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Coal Price
Despite Talk of Coal's Demise, it Still Powers the World
The amount of electricity generated from coal jumped 7 percent in the developing world last year, according to Bloomberg NEF’s annual Climatescope report that …
Bangladeshi Government Will Renegotiate Solar Tariffs for Projects Which Miss Deadlines
Officials in Dhaka frustrated by the lack of progress on several PV projects have decided to punish tardy developers by setting new power prices which reflect t…
Boralex Announces Commissioning of 16-MW Yellow Falls Hydroelectric Station
Boralex Inc. has announced the commercial commissioning of its 16-MW Yellow Falls hydroelectric station, under the terms of a price-indexed power purchase agree…
Oil & Gas Trade
BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade
According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…
Electricity Trade
Energy Trading via Power Pools Can Ease Energy Poverty
Trade in electricity helps bring down energy prices, mitigate against power shocks, relieve shortages, facilitate decarbonisation and provide incentives for mar…
Market Analysis
GlobalData : Electric Vehicles Develop At A Rapid Pace With 5 Million On The Road Worldwide
Technological advancements are leading to substantial cuts in EV battery prices, with major enablers being research and development (R&D) in battery chemistry a…
Solar Technology
Indium Provides A Boost to Perovskite Stability
Scientists at Rice University in the United States have found by strategically adding indium to an all-inorganic, lead-based perovskite, they can reduce the num…
Why would Anyone buy Saudi Aramco?
Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…
Energy Storage Battery
The 7 Battery Technologies that can be Cost Competitive by 2030
Rapid performance improvements, falling prices and massive investment is accelerating us towards a time when batteries undercut fossil fuels for storage and des…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
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