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Oil Shale

Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles

​Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …

Crude Oil

Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts

​Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…

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…

Combined Heat and Power

Plans Unveiled for Major CHP Heat Network in London

​What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.

Market Analysis

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

​The International Energy Agency (IEA) has released a report into the impacts of Covid-19 on global energy demand and carbon dioxide emissions, revealing that …

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.

Wind Farm

Ørsted’s Borssele Offshore Wind Farm Delivers First Power

​Danish renewable energy company Ørsted has announced that its 752MW offshore wind farm Borssele 1 and 2 generated the first clean power to the Dutch grid.

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…

Solar Power Plant

J-Power USA joins 350MW solar power development project in Texas

J-Power USA Development has signed an agreement to become a partner in the development of a 350MW solar PV project in Texas’s Wharton County.

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…

Oil&Gas Drilling

Fenja, Neptune's First Operated Development Project on the Norwegian Shelf

On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.

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.

Coal Production

Coal Exit Plans on the Rise in Asia

Lenders could follow after Mizuho's move to shun financing of coal-fired power.

Oil&Gas Drilling

Russia’s Grand Plan For Arctic Oil Is Under Threat

Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…