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Crude Oil

Saudi Arabia to Cut June's Oil Production

Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…

Nuclear Power Plant

E.ON Sold Ahead German Nuclear Power at Above Market Prices

Sixty-five per cent of nuclear capacity in 2021 and 34 per cent in 2022 will be sold at well above current wholesale market prices, boosting the sector's earnin…

Solar Power Panel

Research Team Finds Way to Make Solar Panels “Sweat” to Deliver More Power

Researchers have figured out a way to make solar panels “sweat,” allowing them to cool themselves down in the heat and thus boost their generation output by u…

Energy Saving

A Blooming Chance for Renewable Energy Amid Coronavirus?

In the face of multiple crises, governments can kill two birds with one stone by going big on green stimulus, rescuing the economy while also making big cuts to…

Oil Field

Petrobras Reports Pre-salt Discovries in the Santos and Campos Basins

Petrobras has confirmed pre-salt oil discoveries in the southeast area of the Buzios field in the Santos Basin and in the Albacora field in the Campos Basin.

Oil Price

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…

Crude Oil

UAE Making Even Bigger Cuts To Oil Production Next Month

The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th…

Transmission and Distribution Substations

Tender are Invited for Providing Operational Services of Transmission and Distribution Substations

Providing Operational Services of Transmission and Distribution Substations

Tender are Invited for Providing Operational Services of Transmission and Distribution Substations

CNPC

PetroChina Makes a New Natural Gas Find in Southwest China

PetroChina, through its affiliate PetroChina Southwest Oil and Gasfield Company , has discovered a large gas belt with an estimated reserve of over 1,000 bcm in…

Solar Power Plant

Financing Arranged for 200MW Ohio Solar Facility

Innergex Renewable Energy has announced the closing of a construction-financing, tax-equity commitment for a 200MW solar facility in southern Ohio.

Oil Price

Murphy Oil to Close Arknsas, Alberta Offices

Murphy Oil has announced that it is closing its legacy headquarters in Arkansas and shuttering an office in western Canada.

Commission Outlines Plan for EU Financing Mechanism to Support New Renewable Energy Projects

The Commission has this week opened a four-week public consultation for feedback on draft rules to establish a new EU financing mechanism to support renewable e…

Oil & Gas Trade

McDermott Wins Contract for LPG Spheres in Caribbean

A McDermott International subsidiary, CB&I Storage Solutions, has been awarded a contract for four storage spheres of liquefied petroleum gas.

EU Energy Ministers must Phase Out Fossil Gas and Improve Their 2030 Plans

EU energy ministers have discussed sector integration as well as the state of play of the National Energy and Climate Plans (NECPs).