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Oil Price

Not Even The $2 Trillion Stimulus Package Can Save Oil Markets

The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…

Crude Oil

World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd

A dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomber…

Oil & Gas Trade

Russia’s Unexpected Advantage in The Oil Price War

While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the oil price …

Thermal Coal

S.Korea First-Quarter Thermal Coal Imports Set for 10-yr Low on Anti-Pollution Measures

South Korea's first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has redu…

Coal-Fired Power Plants

Global Coal Plant Development Fell for 4th Year Running in 2019: Research

Global coal power plant development declined for the fourth year running in 2019, while a total of 13 gigawatts (GW) of capacity construction has been delayed s…

Crude Oil

Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad

Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…

Gas power plant

First-of-its-kind Power Plant Utilizes Ethane in Combustion Mix

A new Competitive Power Ventures gas-fired power plant in Pennsylvania, United States, has been adapted to use ethane in its combustion mix.

Wind Power in China

Coronavirus'a Crisis Unlike Anything the Market has Even Seen for Wind Sector

The wind power industry is facing “a crisis unlike anything it’s ever seen” as the coronavirus pandemic impacts markets and production around the world, said…

Wind Farm

Coronavirus: Global Wind Energy Capacity Addition to Decline by 4.9 GW

The coronavirus crisis will cause global wind energy additions in 2020 to decline by 4.9 Gigawatt.

Oil Shale

What Happens if U.S. Shale Goes Bust?

This month has seen a spectacular oil price crash the likes of which we haven't seen in decades. The last time we had since a single day oil price drop as drast…

Coal Mine

Iconic Plant's End Spells Doom for Struggling Coal Industry

When coal-burning plants close, coal mining loses its best customer.

Market Analysis

State Grid Corp. of China Is Finally Getting Out of Real Estate

State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…

Nuclear Power Plant

EDF, Orano Prepare for COVID-19 Impact

French utility EDF has scrapped its nuclear generation target for 2020 on an anticipated fall in output this year because of the coronavirus crisis. Fuel cycle …

Nuclear Fuel

Canadian Uranium Operations Suspended in Response to COVID-19

Cameco is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan and placing the facility in safe care and maintenance mode d…

Crude Oil

Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…