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Coal Mine

Iconic Plant's End Spells Doom for Struggling Coal Industry

When coal-burning plants close, coal mining loses its best customer.

Market Analysis

State Grid Corp. of China Is Finally Getting Out of Real Estate

State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…

Crude Oil

Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…

Oil Price

Libya Says Oil Shutdown Losses Exceed $3.5 Billion

Libya's oil company says economic fallout from a protracted blockade of its vital oil facilities has resulted in losses surpassing $3.5 billion at a time when t…

Shell Pauses $25bn Share Buyback Scheme Amid Oil Market Disruption

Weak demand and falling prices have persuaded Shell to suspend its share buyback scheme for the year, as French major Total follows suit.

Nuclear Technology

Ambassador Expresses Hope for Further Korea-UAE Cooperation

The successful cooperation between South Korea and the United Arab Emirates in building the Barakah nuclear power plant in Abu Dhabi has opened a new avenue for…

Asia Pacific Petroleum Conference

The Asia Pacific Petroleum Conference is the meeting place for the global oil industry and will deliver market-driven discussions from industry powerhouses, mix…

TURBOMACHINERY & PUMP SYMPOSIA

"Symposia for the industry by the industry. Educational classes created by industry users."TPS is a vital industry event, offering a forum for the exchange of i…

Solar Power Plant

Lightsource BP Bankrolls 260-MW Solar Project in Texas

Partnership with BP facilitates long term power agreement and showcases the ability of the company to deploy large-scale solar projects.

Wind Turbine

Siemens Gamesa Closes Second Factory After Positive Coronavirus Test

Wind turbine maker Siemens Gamesa has closed a second factory in Spain after another employee tested positive for coronavirus.

Offshore Wind Power

Wind Energy Group Says $43 Billion at Risk from COVID-19

Energy groups continue to assess the industry disruption caused by the coronavirus, with the American Wind Energy Association (AWEA) on March 19 saying the glob…

Nuclear Power Plant

IAEA Addresses Safety of Smart Devices in Nuclear Plants

The safety of smart digital devices used in nuclear power plants - some of which were not initially designed for nuclear-related purposes - was discussed last m…

Nuclear Power Plant

Russia and Bangladesh Expand Nuclear Cooperation

A number of documents have been signed between Russian state nuclear corporation Rosatom and the government of Bangladesh that will enhance existing bilateral c…

Oil & Gas Trade

China's Major Oilfields Maintain Pace Amid Oil Crash

Crude oil prices dropped below break-even operating expenses for Chinese oil companies, but major oil fields have maintained stable production. Faced with press…

Oil & Gas Trade

Oil Crisis Deepens in Libya as Losses Exceed $3 billion

The oil crisis in Libya is deepening as a blockade of the country’s vital oil fields generated losses of more than $3 billion, the national oil corporation ann…