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Crude
Australia Inks Deal With U.S. for Access to Strategic Petroleum Reserve
Australia said it will sign a deal with the U.S. this week giving it access to crude oil from to America’s Strategic Petroleum Reserve during an emergency.
Oil & Gas Trade
Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels
Shares of Saudi state oil company Aramco (2222.SE) slumped below their initial public offering (IPO) price on Sunday for the first time since they began trading…
Wind Turbine
Longer Turbine Blades Have Slashed Wind Energy Costs
Longer wind turbine blades over the last decade have allowed wind developers to produce more power without making turbines taller and could continue to drive fu…
Hydrogen Fuel Cell
Europe to Unveil EU-Wide Hydrogen Fuel Partnership
Europe will this week announce plans for a new EU-wide partnership to develop clean hydrogen fuel technologies, as Brussels seeks ways to accelerate its push to…
Oil Price
Oil Prices Dive as Saudi Arabia Takes Aim at Russian Production
Russia on Friday rejected an agreement with OPEC on cuts in oil supplies to bolster prices.
Solar Technology
Layered Solar Cell Technology Boosts Efficiency, Affordability
The future's getting brighter for solar power. Researchers from CU Boulder have created a low-cost solar cell with one of the highest power-conversion efficienc…
Uganda Set to Construct $1.4bn Hydropower Plant on the Nile
A Chinese firm has applied for a license in Uganda to develop a US $1.4bn hydropower plant that could potentially expand the country’s generation capacity by 4…
Iran Designs AVC System for Hydroelectric Power Plants
Iranian experts and engineers have indigenized the knowledge for manufacturing automatic voltage control (AVC) system, which is high-technology equipment used i…
Solar Power Plant
AfDB Provides $150m to Electrify 250,000 Households with Solar
The Kenyan government has recently secured $150 million (over 15 billion Kenyan shillings) from the African Development Bank (AfDB). The funds will provide sola…
Nuclear Fuel
IAEA Raises Alarm Over Iran’s Nuclear Programme
Iran has nearly tripled its stockpile of enriched uranium over the last three months in violation of its agreement with world powers and is refusing to answer q…
Oil & Gas Trade
Saudi Arabia to up Oil Production after Opec Deal Falls Through
World’s largest oil exporter Saudi Arabia is planning to ramp up production to nearly 11m barrels a day in April after the three year alliance between oil cart…
GE Achieves Battery-Enabled Blackstart of Heavy Duty Gas Turbine
General Electric (GE) has for the first time achieved blackstart of a GE heavy-duty gas turbine using battery energy storage.
Market Analysis
Tesla Advertises for Solar, Energy Storage Staff in China
Tesla Inc has advertised for solar and energy storage project managers in China, as the U.S. electric vehicle maker moves to expand its energy business into t…
Nuclear Power Plant
First Contracts Awarded for Egypts $25bn Dabaa Nuclear Power Station
Atomstroyexport, the subsidiary of Russia’s Rosatom nuclear engineer overseeing the construction of Egypt’s Dabaa nuclear power plant, announced on that thr…
Oil & Gas Trade
Kazakhstan in Talks with PetroChina after Force Majeure on Gas Supplies
Kazakh natural gas exporter Kaztransgas is discussing further gas supplies with PetroChina after it issued a force majeure notice citing the coronavirus outbrea…
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