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Oil Price

Canada’s Oil Patch Struggles To Survive The Worst Recession Ever

Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities and analysts will have a fuller picture o…

Installation of 2x10kw Solar power

Tenders are invited for Procurement and Installation of 2x10kw Solar power with infrastructure for identified Primary Health Care Centre

Solar-powered Borehole and overhead tank

Tenders are invited for Construction of solar-powered Borehole and overhead tank, irrigation equipment & Installation of Green House in Plateau State Plateau st…

Oil Price

Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout

​U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…

Crude Oil

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

​The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…

Wind Turbine

East Anglia ONE Offshore Windfarm Completes Turbine Installation

​ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have successfully installed every single turbine on the East Anglia ONE offshore windfa…

Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues

Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.

Oil Price

OPEC+ Oil Production Hits 13-Month High As Output Cuts Start

​After the collapse of the previous OPEC+ deal in early March, OPEC opened the taps in April, pumping at its highest level in 13 months.

Solar Power Plant

Invenergy Georgia Solar Energy Centre Begins Commercial Operations

​Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre.

Electric Vehicle Charging

Hitachi and Gridserve Partner on Multi-Million-Pound Renewable Deal

Hitachi Capital UK and UK renewable energy company Gridserve Sustainable Energy have signed a partnership agreement to develop solar farms and solar-powered ele…

Oil Price

OPEC Daily Basket Price Stands at $14.36 a Barrel Wednesday

The price of OPEC basket of thirteen crudes stood at $14.36 a barrel on Wednesday, 29th April, 2020, compared with $12.41 the previous day, according to OPEC Se…

Oil & Gas Trade

Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June

​ Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…

Solar Technology

New Material Processing Steps Significantly Improve Operational Stability of Hybrid Perovskite Solar Cells

Silicon has long been the conventional material of choice for solar cells, which convert energy from the sun into electricity. However, because light absorption…

Energy Storage Battery

SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.

SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.

Crude Oil

Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan

Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP…