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Oil & Gas Trade

U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever

The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…

Supply of an intelligent electrical network analyzer

Supply of an intelligent electrical network analyzer with a communication interface. Case reference: Ia1 / d / 20/37 / eo

Oil & Gas Trade

North American Oil Producers Cut Output Quicker Than Some Expected

OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…

Oil & Gas Trade

Oil Exports Fetch USD 1.4 Billion in Libya

Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.

Ultra-high voltage grid

ABB Power Grids Commissions World's First Transmission Line Under The Yangtze River

In a bid to decrease coal consumption and move towards clean energy, China is introducing technologies that reduce carbon footprint.

Pumped Storage

Israel’s 300-MW Mount Gilboa Pumped Storage Begins Operating

The 300-MW Mount Gilboa Pumped Storage project in Israel has begun commercial operations, according to a LinkedIn post from G.H. Development.

Eavor Raises USD 8m to Fund Development of New Geothermal Tech

Eavor Technologies Inc on Tuesday said it has raised CAD 11.4 million (USD 8.1m/EUR 7.5m) to fund the development programme for its geothermal energy technology…

Solar Power Plant

Spain's Powertis Lands in Italy with 500-MW Solar Plan

Spanish solar developer Powertis SAU on Thursday announced it has arrived in the Italian market to develop a portfolio of photovoltaic (PV) projects totalling 5…

Shell Wants to Create a Green Hydrogen Hub in the Port of Rotterdam

Hot on the heels of last month’s announcement to become a net zero energy business by 2050, Shell has today revealed its intention to create a green hydrogen h…

Oil Price

Saudi Arabia Raises Oil Prices As Demand Recovers

Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…

Market Analysis

Tesla's Global Car Production Has Officially Fallen To Zero

The embattled CEO, who has mostly been focused on his recent $700 million payday, the bizarre naming of his newborn child and an upcoming second appearance on t…

Solar Power Plant

Sunco Capital to Supply Shell with Two 83 MW Solar PV Plants in Spain

Construction has begun on two solar photovoltaic plants at Manzanares in Ciudad Real, Spain.

Combined Heat and Power

Wärtsilä Breaks Ground of DREWAG's 90MW Power Plant in Germany

Ground has been broken on the 90MW combined heat and power (CHP) plant in dresden-reick, Germany.

Solar Power Plant

EDPR Executes PPA with RCEA for 100MW Solar Park in California, US

EDP Renewables has signed a 15-year power purchase agreement with Redwood Coast Energy Authority for its 100MW Sandrini Sol 1 Solar Park in Kern County, Califor…

Hydrogen Project

Douglas County PUD Moves forward with Plans for Green Hydrogen

Douglas County Public Utility District (Douglas County PUD) is pushing ahead with plans to provide green hydrogen for Washington State at an attractive price as…