Us

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.

Executive Order to Protect U.S. Bulk Power System Includes Hydropower

U.S. President Donald Trump signed an executive order last week that prohibits bulk power system equipment from foreign companies because his administration bel…

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…

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…

Gas power plant

Gemma Power Secures EPC Contract for 1.085GW Power Project in Ohio, US

Argan’s wholly owned subsidiary Gemma Power Systems has secured an engineering, procurement and construction (EPC) services contract with Harrison Power for a …

Oil Price

Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse

Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…

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…

Coal Mine

In U.S. Shale Bust, Frack-Sand Miners are the New Coal Companies

Three years ago, companies selling hydraulic fracturing sand to oil producers boomed, opening multimillion-dollar mines.

Thermal Coal

Anglo American Considers Spinning off South African Coal Operations

Anglo American, the diversified miner, prefers to spin off its thermal coal business in South Africa and list it in the next two to three years.

Oil Shale

Top US Shale Producer Sees Oil Price Recovery Continuing

Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.

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…

Oil Price

In a Gloomy Oil Market, India's Pump Prices Echo $100-Plus Crude

Crude oil has plummeted to about $30 a barrel from $115 when Prime Minister Narendra Modi first came to power six years ago.

Coal Mine

Australian-Owned Western Kentucky Coal Mine Going to Auction in June

The Australian company that owns a western Kentucky coal mine will auction off the project next month. The mine is operating under bankruptcy protection with a …