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Oil Price

Saudi Arabia, Russia Brawl Creates Crude Turmoil

​Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they woul…

Providing materials and executing walls of Sardasht Electric Warehouse

Tenders are invited for Providing materials and executing walls of Sardasht Electric Warehouse.

Nuclear Power Plant

Energy Services Giant Wood Pulls Out of UK Nuclear

Scottish energy services giant Wood has announced it is pulling out of the UK nuclear power industry. The Aberdeen-based firm has sold its nuclear business to U…

Crude

Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight

The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand gro…

7th Asia Gas Turbine Focus 2020

With the global natural gas power generation market slowing down, the gas turbine industry is being tested. How should gas turbine manufacturers make growth poi…

Climate Policy

Coronavirus And Global Supply Chain Disruption: A Wake-Up Call For Climate Policy?

Coronavirus has slowed down economic activity and temporarily reduced China’s carbon emissions. However, there is a deeper implication for climate policy: deca…

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…