Us

Asian Markets Fall as Coronavirus Hits Earnings, Growth

China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…

How China's oil giants are contributing to anti-virus efforts

People would have never associated China's oil giants with masks without the epidemic, said a vice-chairman of the country's state assets regulator on Tuesday.

Oil & Gas Trade

Shell Temporarily Suspends LNG Liftings from Prelude off Australia

Royal Dutch Shell (RDSa.L) has temporarily suspended cargo liftings from its Prelude floating liquefied natural gas (LNG) facility off northwest Australia while…

Solar Power Plant

Rio Tinto to Build Solar Plant in Western Australia

Mining giant Rio Tinto has announced plans to build its first solar plant and a lithium-ion battery energy storage system at the Koodaideri mine in the Pilbara,…

Power Construction

Greece's PPC Gets EUR 100m from EIB for Grid Modernisation

The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…

Offshore Wind Power

Delayed Fed OK of First US Offshore Wind Farm Puts Power Startup Date at Risk

Operation of America's first commercial offshore wind power farm now will not happen in 2022, as feared after federal officials said Feb. 11 that they expect a …

EVs Outsold Manual-Transmission Vehicles In 2019 In USA

Electric vehicles outsold manual-transmission vehicles in the USA for the first time in 2019. This is just another data point showing that consumers are making …

OPEC Underestimates the Virus

The Covid-19 virus is a human tragedy for many who have been affected by it and it’s having a profound impact on the lives of a large part of the Chinese popul…

Liberia Signs US $34m Deal for Gbedin Waterfalls Hydropower Project

​The government of Liberia has signed a financial agreement worth US $34m with the African Development Bank (AfDB) for Gbedin waterfalls hydropower project.

Oil & Gas Trade

Russia-Belarus Oil Dispute Begins to Threaten Supplies to Europe

A long-running oil dispute between Russia and Belarus has for the first time threatened to disrupt supplies to Europe.

Crude

South Sudan Ignores Reports on Oil Pollution, Birth Defects

The oil industry in South Sudan has left a landscape pocked with hundreds of open waste pits, the water and soil contaminated with toxic chemicals and heavy met…

Carbon Neutral

Can BP Become Carbon Neutral?

BP’s new chief executive Bernard Looney outlined an ambitious new objective on Wednesday to make the oil giant carbon-neutral by 2050 - the most exacting susta…

Wartsila to supply gas power plant for industrial park in Bangladesh

Finnish company Wartsila has received a contract to supply 78MW engine power plant to support an industrial complex in Bangladesh.

Oil & Gas Trade

Coronavirus Forces Qatar To Reroute Oil And Gas

One of the biggest liquefied natural gas (LNG) exporters, Qatar, is working with importers in China to reschedule or re-route some oil and gas cargoes to the wo…

How Hydrogen Fuel Cells are Transforming Industry

The Israeli Magistrates Court in Nazareth held trial Tuesday evening of well-respected leaders from the occupied Golan, who opposed the Israeli project to insta…