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Coal Production
The Biggest Power Plant in Drax, UK will Soon End Coal-fire Power Generation
The UK's biggest power plant, Drax in North Yorkshire, has announced it will end all coal-fired power generation by March 2021, well ahead of the UK's 2025 dead…
Oil Price
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.
Solar Power Plant
The Largest Solar Farm in Australia will be Launched in South West Queensland
France-based renewable energy developer Neoen signed a 352 MWp power purchase agreement related to a solar farm with CleanCo of Queensland, Australia.
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …
Hydropower Plant
Turkey to Start Power Generation in Huge Ilisu Dam Next Week
Turkey will launch the first turbine in Ilisu Dam in southeast Turkey next week, President Tayyip Erdogan said on Monday following a weekly cabinet meeting.
Coal Trade
BNP Paribas Accelerates Its Exit from Coal in OECD Countries
French bank BNP Paribas is expanding to all OECD countries its target to end relationships with customers that use coal to generate electricity by end 2030, it …
Wind Power Project
Inox Wind Begins Execution of 1st Phase of Wind Power Projects in Gujarat
Wind energy solutions provider Inox Wind on Monday said it has begun executing the first phase of 250-megawatt wind power projects in Gujarat following the rece…
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
Oil & Gas Trade
Topside Installed for Norway's Nova Field
Wintershall Dea's Nova field will be tied back to a platform at the Neptune Energy-operated Gjoa field.
Geothermal Power Plant
Clean Technology Fund Injects $10m Into Ethiopia's Geothermal Capacity
The clean technology fund trust fund committee provided a concessional loan of us $10 million for Ethiopia's 50 megawatt tulu moyo geothermal power plant projec…
Oil & Gas Trade
The Oil and Gas Industry is Losing Young Professionals
The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry
Wind Power Company
Siemens Unveils Plan to Merger Wind Operations with Flender
Siemens has unveiled plans to merge its wind energy generation business with mechanical drive unit Flender, which delivers components used in wind turbines.
Wind Farm
Construction of Two Renewable Energy Projects in Spain Begins
Construction of two renewable energy projects by Enel green power in Spain has begun.
Hydropower Plant
Construction Work Starts on the Hüscherabach Small Hydropower Plant, Switzerland
Construction work has begun on the 1.9MW Hüscherabach hydropower plant in the Splügen region in the Swiss canton of Grisons, with the project set to replace a…
Oil Price
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…
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