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Crude Oil

Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows

Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.

Oil&Gas Drilling

Basra Begins Drilling the First Well in Majnoon Field

Drilling the first new production well in Majnoon oil field has started with national efforts after the withdrawal of Shell(Dutch-British oil and gas company), …

Energy Technology

Coregas Supporting Coal-to-Hydrogen Project

A world first project in Victoria, Australia that will convert brown coal to hydrogen for export to Japan is being supported by the only Australian-owned indust…

Oil & Gas Trade

Lukoil´s 1Q Hydrocarbon Production Fell

In the 1st quarter of 2020 Lukoil's daily hydrocarbon production (excluding the West Qurna-2 project) totaled 2,328 thousand boe per day, which is 2.1% lower ye…

Renewable Energy

German Pipeline Operators Present Plan for World's Largest Hydrogen Grid

The plan to build a 1,200 kms hydrogen grid by 2030 would mostly be based on converted former natural gas pipelines.

Solar Power Plant

Chinese PV Industry Brief: 5.5 GW of PV Procurement, New Dates for SNEC, and a 200 MW Project

Datang Group has launched a bidding process to procure 5.5 GW of PV modules and inverters for its own solar projects.

Electric Vehicle Battery

Chinese Battery Makers to Seek Breakthrough

China's new energy vehicle initiative started in earnest in 2009 and in six years it became the world's largest market.

Crude Oil

Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'

State oil company Petrobras on Thursday reported a big loss in the first quarter of the year.

Oil&Gas Drilling

Australia is in the Process of Developing Dorado Field

Australia's Santos is pushing forward with its Dorado field development. The competitive process for the supply of the FPSO has started and a shortlist of contr…

Oil & Gas Trade

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …

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…

Electric Car

Elon Mask Says He is Ready to be Arrested for Reopening California Plant

Tesla CEO Elon Musk confirmed on Twitter that the company has restarted its California factory, a move that defied local government orders involving measures to…

Oil Price

Murphy Oil to Close Arknsas, Alberta Offices

Murphy Oil has announced that it is closing its legacy headquarters in Arkansas and shuttering an office in western Canada.

Oil&Gas Drilling

SOCAR Starts Drilling New Well at Umid Gas Field

The State Oil Company of Azerbaijan has started drilling a new well at the Umid-1 platform of the Umid field, the company told local media on May 5.

Market Analysis

Significant Pick-Up in Demand for Energy Storage Projects in Q1 Financial Results

At energy solutions company Alfen, quarterly revenue rose in all three of its business units.