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Crude Oil

Mexico to Cut Oil Output by 100,000 Bpd from May: Officials

Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels…

Oil&Gas Drilling

LUKOIL Moves to Next Stage of North Caspian Field Development

​Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …

Market Analysis

European Solar Fears Power Price Plunge May Dampen Subsidy-Free Prospects

​The crash of power prices seen as Europe locks down over the COVID-19 crisis could dampen investor enthusiasm for subsidy-free solar, a SolarPower Europe webi…

Solar Power Plant

Conway Corp and Lightsource BP Announce 132 Megawatt Solar Project

Lightsource BP will finance, build, own and operate the facility and will deliver the solar energy it generates to Conway Corp under the fixed-rate power purcha…

Nuclear Power Plant

KHNP to Support Canadian Decommissioning Projects

In a 7 April statement, KHNP said Kinectrics highly appreciated the technology KHNP used to replace the pressure tubes and improve the facilities of unit 1 of t…

Wind Farm

Development of 338MW Sage Draw Wind Farm in Texas, US Completed

The development of 33MW Sage Draw wind farm in Garza and Lynn Counties, in the US state of Texas has been completed; developer Danish power company Ørsted has …

Oil & Gas Trade

Trump Confirms U.S. Will Help Mexico Out With Production Cuts

U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it …

Oil Price

Trump Threatens “Very Substantial” Tariffs On Oil Imports

The crash was the product of the culmination of a series of unfortunate events, beginning with the spread of COVD-19, which all but shut down the Chinese econom…

Solar Power Plant

After COVID-19, Here Comes More & Better Farming With Solar Panels

Solar panels are sprouting on farmland like mushrooms after the rain, but there’s no such thing as a free lunch. If too many solar panels replace too much crop…

Wind Power Project

Renewables Reach 52% Share in Germany's Gross Power Consumption for Q1

April 9 (Renewables Now) - Electricity from renewable energy sources met 52% of Germany's gross electricity demand in the first quarter of 2020 thanks to a wind…

Purchase equipment for use in 115 kV electrical system

Tenders are invited for Purchase equipment for use in 115 kV electrical system change point at Bang Pa-In 1 High Voltage Station (EGAT), Phra Nakhon Si Ayutthay…

Crude Oil

Oil Refiners May Have to Shut a Few Units

State oil companies have told the government they will have to shut down a few refineries if the nationwide lockdown is extended beyond April 14, people familia…

Market Analysis

Wood Mackenzie Lowers Global Solar Demand Forecast on COVID-19 Impact

Recently, IHS Markit said it expected global installs to decline 16% to 105GW in 2020, compared to around 125GW installed in 2019.

Oil Price

Oil Could Fall Back To $20

Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.

Supply and Installation of 9 Damaged/ nonfunctional Component

Invitation for Bid for Supply and Installation of 9 Damaged/ nonfunctional Component & Maintenance Work of a Diesel Generators