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Oil Price
Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash
Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…
Oil & Gas Trade
Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…
CNPC
CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)
China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…
Hydropower Plant
US, China to Cooperate on Hydropower Plant in Turkey
Turkey will collaborate with China and United States to build a pumped-storage hydropower plant in the Isparta province, in the western Anatolian region, Anadol…
Solar Power Plant
AES Approves ‘Largest Capital Raise’ to Date for 1.6GW LatAm Renewables Push
Chilean developer AES Gener is to support plans for a consequential renewables build-out with a new capital raise, reportedly the largest it has seen in its his…
Crude Oil
China Doubled Crude Oil Storage Inflows During Coronavirus Demand Hit
China pushed crude oil into storage tanks almost twice as fast in the first quarter of this year as it did in the same period in 2019.
Geothermal Power Plant
New Collaboration to Explore Geothermal Heating Development in Holland Rijnland
Before the weekend, Dutch grid developer Firan reported on a new collaboration to explore the possibilities of using geothermal energy to heat buildings and gre…
Solar Company
LONGi Group Guides for Trebling of Quarterly Profits in Q1 2020
Longji has led to a threefold increase in net profit by the first quarter of 2020.
UPS batteries
General procurement notice for UPS batteries for server room and 5 inverters with 650 KVA capacity
Market Analysis
Coronavirus Spurs New Clash Between Big Oil and Big Corn Over U.S. Biofuels
A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the na…
Combined Heat and Power
Shandong Starts Construction of 1320MW Ultra-Supercritical Thermal Power Plant
The construction of the 1,320 MW (2x660 MW) Liaocheng Xiangguang ultra-supercritical (USC) coal-fired CHP project has started in Liaocheng, in the Shandong Prov…
Oil & Gas Trade
Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners
Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.
Crude Oil
Demand for OPEC Oil Falls to 30-Year Low
The sharp contraction in global oil demand amid lockdowns and stalled industrial activity will lead to the lowest demand for OPEC crude in more than thirty year…
Oil&Gas Drilling
Qatar Starts Expansion Drilling At World’s Largest Gas Field
Qatar Petroleum has started the development drilling campaign of the North Field East Project to expand the production capacity of the world’s biggest natural …
Hydropower Plant
ABB Equipment to Help Transmit Hydro in China
ABB's Power Grids business has won several major orders to supply advanced HVDC converter transformers and high-voltage equipment for three 800kV.

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