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Market Analysis
Largest Solar Project in Eastern US Progresses Despite Market Uncertainty
Mega-solar projects topping 500 megawatts have cropped up in many regions of the U.S., but land constraints have mostly kept such behemoths out of the Southea…
Crude Oil
Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister
Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.
Solar Power Panel
Israel’s New Water and Energy Infrastructure Plan to add 2 GW of Solar
The country is focusing on the potential of renewable power as a part of its COVID-19 recovery.
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
Oil Rises Further Above US$26 as Opec+ Begins Record Cuts
Oil rose further above US$26 a barrel on Friday as Opec and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that…
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…
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…
Crude Oil
Oman Plans About 30 Per Cent Cut in July Crude Allocations
Oman has notified all its crude oil term customers of a cut of about 30 per cent in their allocations for July loading and delivery, Oman's oil and gas minist…
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…
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…
Gas power plant
OPG’s Atura Power to acquire three natural gas-fired plants
The acquisition is valued at approximately C$2.8bn ($2bn) and dependent on customary closing adjustments.
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.
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