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Energy Technology

Work Begins on World's Largest Solar-Powered Hydrogen Plant

China's Baofeng Energy Group said it started construction on the largest solar-powered hydrogen pilot plant in the world.

Crude Oil

U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve

U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.

Tenders are invited for Supply of the inverter

Tenders are invited for Supply of the inverter

Oil & Gas Trade

Iran's Petrochem Revenues to Drop by 30 Pct over COVID-19

Iran's revenues from exports of petrochemical products will decrease by nearly one third as the novel coronavirus pandemic has posed an adverse effect on the in…

Nuclear Power Plant

French Sparks Spike on Lower Nuclear Availability

French clean spark spreads for third-quarter base-load delivery have risen sharply in recent sessions.

Coal-Fired Power Plants

RWE's Q1 Lignite Output Plunges 36% on Poor Market Condition

Output from Germany's lignite fleet has plunged from 13.5 KWH per hour in the first quarter of 2019 to 8.6 KWH per hour.

Nuclear Technology

Canada SMR Initiative Adds New Brunswick Project

Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaborat…

Oil Price

5 Reasons Why Mexico's Oil Industry Is Destined For Disaster

Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020.

Market Analysis

Renewables’ Share Rises to All-time High in Germany

Renewables covered around 52% of gross power consumed in Germany during the first quarter of 2020. Gross power consumption encompasses all electricity used in a…

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.