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Oil Price

Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market

Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.

China Energy

China UHV Technology Showcases its Big Country Image

The Mengxi-Jinzhong UHV AC project in China successfully crossed the Yellow River, demonstrating the good image of China State Grid Co., Ltd.

Coal-Fired Power Plants

Serbia Issues Draft Spatial Plan for Coal-Fired Thermal Power Plant Kolubara B

A public consultation was launched on the draft spatial plan for the special purpose area and the strategic environmental impact assessment report for Kolubara …

Crude Oil

Rig Count Plunges Below 300 in 13th-Straight Week of Losses

The number of operating drilling rigs in the U.S. fell below 300 for the first time, as energy companies continue to shut down oil-field operations amid low cru…

Electric Car

German Government Raises Subsidy Levels for EVs

The German government will raise the level of subsidies for purchases of electric vehicles (EVs) and increase taxes for cars with higher CO2 emissions.

Electricity Trade

Iraqi Minister Stresses Importance of Electricity Imports from Iran

In a meeting with his Iranian counterpart Energy Minister Reza Ardakanian in Baghdad on June 3, Iraq's Minister of Electricity Majid Mahdi Hantoush appreciated …

Oil Price

Bulgaria to Set up a State-Owned Oil Company

Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.

Oil Field

Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields

Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.

Oil&Gas Drilling

U.S. Rig Count Plunges Again

The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.

Offshore Wind Power

Prysmian Finalises The Agreement With Vattenfall For The First Subsidy - Free Offshore Wind Project

66 KV inter-array cable systems for the Hollandse Kust Zuid 3 & 4 wind farm.

Oil Price

Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level

Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.

Transportation and Storage are Critical to Advancing the Hydrogen Economy

Guidehouse Insights has released a new report that analyses the developing hydrogen economy and relevant infrastructure, including the current state of hydrogen…

Denmark Proposes 4GW "Energy Islands"

The Danish finance ministry has unveiled plans to support 4GW of new offshore wind capacity in the form of new energy islands.

Minister of Energy Discusses Electricity Plan with UK Ambassador

Minister of Energy and Water, Raymond Ghajar, on Thursday welcomed British Ambassador to Lebanon, Chris Rampling.

Energy Technology

Scotland's SGN Proposes 100% Green Hydrogen Grid for Heating

Scotland’s natural gas distribution company SGN said Tuesday it has submitted a proposal to build a 100% zero-carbon hydrogen network in Scotland.