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Crude Oil

Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss

After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in t…

Cooperation case

Kenyan, Chinese Trade Promotion Bodies Woo Kenyans to Invest in Shenzhen

Kenya Investment Authority and China Council for the Promotion of International Trade Shenzhen Municipal Committee partnered to showcase China's booming coastal…

Crude Oil

U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021

Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.

LNG

Japan’s Toho Gas Starts Carbon-Neutral City Gas Supply

Japanese gas distributor Toho Gas plans to start carbon-neutral city gas supplies as a part of its effort to achieve decarbonisation by 2050.

Crude Oil

Sapref to Restart Durban Refinery

BP and Shell's South African joint venture Sapref will restart its 180,000 b/d Durban refinery tomorrow after a temporary shutdown last week in response to civi…

Coal-Fired Power Plants

Vistra Moving Zimmer Coal-Fired Plant Closure up to May 2022

Vistra will accelerate its move away from coal-fired power by closing its Zimmer Power Plant in Ohio five years earlier than originally planned.

Solar Power Plant

Philadelphia Solar Plans to Build 1 GW Module Plant in the U.S.

Site negotiations are underway for the facility, which would produce monocrystalline facial and bifacial modules for C&I and utility markets in the U.S. and abr…

Electric Car

Running Low on Battery Power: Brexit Britain Faces an Acid Test

Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil fuel-powered cars and has offered 1 billion pounds to jump sta…

Energy Security

Chinese Cities Face Power Outages As Economic Rebound, Heat Put Grids Under Pressure

Power consumption hit an all-time high last week and 11 provinces saw peak-load surges, State Grid says

Substation

335-ton Transformer Delivered to Substation

A massive transformer has been delivered to the high-voltage substation Vierverlaten near Hoogkerk.

Power Construction

World's Largest Offshore Converter Station Successfully Installed

This will be the first time the flexible DC transmission technology is used on an offshore wind project in Asia, according to the developer.

Offshore Wind Power

Germany will Install No Offshore Turbines in 2021

No new offshore wind turbines will be installed in Germany this year.

Oil Price

Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?

​Standoff due to economic rivalry among oil-rich countries in the Middle East has ended.

Nuclear Power Plant

RO President Promulgates Law on Civil Nuclear Cooperation with the US

Romanian President Klaus Iohannis promulgated on July 16 the law on the ratification of the agreement between the Government of Romania and the Government of th…

Solar Power Plant

Fintel Energija, MK Group to Install Europe’s Largest Solar Power Plant under Agrosolar Kula Project

The companies plan to install solar panels with a total installed capacity of 660 MW.