Rice

Oil Price

Oil Steady After OPEC+ Members Agree Deeper Output Curbs

Crude prices held firm in Asia on Monday after OPEC and its allies agreed to enlarge production cuts and Saudi Arabia said it would go even further with its own…

Gas power plant

Vietnam Trade Ministry : $4-billion Power Plant Can't Commit to Its Proposed Electricity Price

The trade ministry supports inclusion of a 3,200 MW liquefied natural gas-fired power plant in the Mekong Delta province of Bac Lieu as part of the national pow…

Energy Storage Battery

Bloomberg Forecasts Another Large Drop in Battery Energy Storage Prices

BNEF’s 2019 Battery Price Survey forecasts that the average price for battery energy storage will be close to $100/kWh by 2023, down from $156/kWh this year.

Carbon Pricing

Is Carbon Pricing the Key to a Clean Energy Future?

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity.

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…