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Oil & Gas Trade

US Slaps Sanctions on Russian Oil Company Trading with Venezuela

The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…

Fossil Fuel Companies Have Had Even Worse Impact on Climate Change

The oil and gas industry has had a far worse impact on the climate than previously believed, according to a study indicating that human emissions of fossil meth…

Thermal Plant

How Siemens Gamesa Could Give Coal Plants a Second Life

The ETES thermal battery can offer coal plants a new life as heat and power storage hubs. The first customer for a full-size version could be on-board as early …

Supercomputers to Aid GE Research in Gas Turbine Design

If you had access to the world’s #1 supercomputer, what would you do? Figure out whatever happened to the legendary PROMIS software developed for the U.S. Depa…

IHA Launches $1m Assessment Fund for Hydropower Projects

A new sustainability fund, using the Hydropower Sustainability ESG Gap Analysis Tool (HESG), will aid hydropower project developers and operators to benchmark a…

Energy storage technology

Gaining More Control Over Fuel Cell Membranes

More organization at the molecular level could improve the efficiency of membranes used in the hydrogen fuel cells that provide energy to electric cars and othe…

Solar Power Plant

PV and ESS in Japan’s Changing Energy Market Landscape

A land of high energy consumption, reliant on imported fossil fuels, Japan is also globally known as a country where everything from traditional crafts to high-…

Trump's Agriculture Department Announces 30% Biofuel Goal for 2050

The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30% of U.S. transportation fuels by 2050, a move that could bolster an i…

Siemens Receives New Contract for Power Plant Equipment in Belarus

Siemens has secured an industrial gas turbines supply order from Belarus-based energy provider RUE Minskenergo.

Oil and Gas Technology

India to Switch to World's Cleanest Petrol, Diesel from April 1

India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now - …

Solar Power Panel

India Achieves Lowest Cost of Floating Solar Power Globally

With the Indian floating solar photovoltaic (FSPV) industry still gaining ground, a recent report has said the country has achieved the lowest investment cost f…

Wind Turbine

Coronavirus Predicted to Hit China’s Wind Market by up to 50%

China’s energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie.

Energy Storage Battery

The Future Of Battery Energy Storage Is Upon Us

It was announced in January by U.S. Secretary of Energy Dan Brouillette and is a comprehensive program to accelerate the development of next-generation energy s…

Energy storage technology

Can The U.S. Compete With China In The Energy Storage Race?

Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…

U.S. Sanctions Rosneft Unit for Ties to Venezuela Oil Production

The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA,…