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Solar Power Plant
Lightsource BP Sets live Kansas’ Largest Solar Plant
Lightsource BP and US utility Sunflower Electric Power Corporation have announced the commercial operation of the largest solar energy plant in Kansas.
Market Analysis
Australia Wind Output Breaks Through 5,000MW for First Time
Australia’s wind energy output broke through the 5,000MW for the first time late last Friday – little more than a year after it broke through the 4,000MW mi…
Z2da--Power distribution system
Solicitation (updated): Z2da--power distribution system upgrade
Market Analysis
Largest Solar Project in Eastern US Progresses Despite Market Uncertainty
Mega-solar projects topping 500 megawatts have cropped up in many regions of the U.S., but land constraints have mostly kept such behemoths out of the Southea…
Liquid Hydrogen
World’s Largest Liquid Hydrogen Plant to be Constructed in Ulsan, South Korea
The world’s largest liquid hydrogen plant is set to be constructed in Ulsan, South Korea by Hyosung group in partnership with chemical company Linde.
Coal Trade
Coal Exit Plans on the Rise in Asia
With financial institutions and corporations stepping out of coal-fired power financing, a domino effect across other coal lending financiers in Asia is likely,…
Crude Oil
Oil Rises Further Above US$26 as Opec+ Begins Record Cuts
Oil rose further above US$26 a barrel on Friday as Opec and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that…
Oil Price
Canada’s Oil Patch Struggles To Survive The Worst Recession Ever
Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities and analysts will have a fuller picture o…
Crude Oil
Oman Plans About 30 Per Cent Cut in July Crude Allocations
Oman has notified all its crude oil term customers of a cut of about 30 per cent in their allocations for July loading and delivery, Oman's oil and gas minist…
Market Analysis
Worldwide Lockdowns to Reduce Nuclear Power Output by 3 Per Cent in 2020
Global nuclear power generation will decline by 3 per cent from 2019 levels in 2020 due to the lockdowns imposed in the wake of the Covid-19 spread, according…
Oil Price
Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout
U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…
Crude Oil
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Solar Power Plant
Dubai Achieves Record Low PV Tariff for 900 MW Solar Project
Dubai Electricity and Water Authority (DEWA) has awarded the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park to an ACWA-Power-led consortium.
Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues
Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.
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