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Oil & Gas Trade
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…
United States
Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump
Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…
Invited For Purchase 7 Harnessed Overhead Cable
Tender Are Invited For Purchase 7 Harnessed Overhead Cable
Nuclear Power Plant
Kudankulam Units 3 & 5 Hit Construction Milestones
Indian contractor Larsen & Toubro has completed on schedule the installation of the 'dry shield' for the reactor pressure vessel of unit 3 of the Kudankulam nuc…
Wind Farm
First Blauwwind Turbine Starts Generating Power into Dutch Grid
The first turbine of the Borssele III/IV wind farm project, managed by Blauwwind, has started generating power.
Nuclear Power Plant
IAEA Assesses Pre-Operational Safety at Flamanville EPR
Pre-OSART missions aim to improve operational safety by objectively assessing safety performance using the IAEA's Safety Standards.
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Energy Transition
BP CEO on Clean Energy Transition, Natural Gas, Trading
Aug.05 -- Bernard Looney, chief executive officer at BP Plc, discusses the company’s clean energy transition, the natural gas business and the trading business…
Energy Storage System
Highly Efficient Thermal Energy Storage System
Due to the volatility of renewable energy generation, high-performant TES systems are essential for the improvement of energy efficiency in renewable.
United Kingdom
BP Cuts Dividend for First Time in a Decade After Record Loss
The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.
France
Ceremony Marks Start of Machine Assembly of ITER Reactor in France
France, Saint-Paul-lès-Durance, July 28, 2020. The ceremony marking the start of the machine assembly of ITER, the international experimental tokamak nuclear f…
Hydropower Plant
Software from Powel used for Enel Green Power’s Hydro Plants in Valmalenco, Italy
Enel Green Power is optimising the planning and dispatching processes for its hydropower plants in the Lombardian valley Valmalenco with software from Powel.
Nigeria
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can…
Oil Price
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
Energy Transition
Asia Reassesses Energy Transition Strategies
Asia has reassessed its energy transition strategies by accelerating utility digital transformation.
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