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Crude Oil

Venezuela's Oil Output Could Fall Again Soon

On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela.

Market Analysis

Zimbabwe Looking to Switch from Hydro and Thermal to Solar Power

The Zimbabwe Electricity Supply Authority (ZESA Holdings) is looking to switch from hydro and thermal power sources to solar power.

Coal Mine

Coal Producers Announce Layoffs, Market Dismal

The Powder River Basin's coal workforce shrunk by about 6% Thursday with the layoff of 300 workers from three mines.

Crude Oil

Russia Cuts European Sea Ports Oil Exports To 20-Year-Low

Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.

Crude Oil

Whether Opec+ Formally Agrees or not, Deeper Oil Cuts Now Look Inevitable

Whether or not Opec+ oil producers formally agree to extra oil output curbs, rapidly filling storage capacity and plummeting demand due to the coronavirus crisi…

Acquisition of distribution transformer

Tenders are Invited for Acquisition of distribution transformer.

Construction Of Electrical Distribution Projects

Construction Of Electrical Distribution Projects In The Coverage Area Of Zone 3-Package 1

Oil&Gas Drilling

Putin: OPEC+ Deal Should be Complied with by all Participants

The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…

Oil & Gas Trade

Trump Pledges to Support Oil, Gas Industries Amid Oil Futures Crash

U.S. President Donald Trump on Tuesday directed his administration to work on a plan to get funding to the oil and gas industries as a steep sell-off in oil fut…

Market Analysis

America’s Green Fuel Is Likely to Escape Negative Prices

The American ethanol industry has been absolutely pummeled in the last year, forcing a wave of production shutdowns across the Midwest.

Oil Price

Argentina Plans Higher Local Oil Price to Protect Sector Amid Rout

Argentina is home to the huge Vaca Muerta shale deposit, the size of Belgium. It is thought to hold one of the world's largest reserves of unconventional hydroc…

Crude Oil

Azerbaijan Imposes Oil Cuts on BP-Led Fields

Azerbaijan's BP-led Azeri-Chirag-Guneshli project will have to cut output sharply from May for the first time ever as the country moves to meet its commitment u…

Coal-Fired Power Plants

Eskom Launches Tender to ‘Repurpose’ Coal Plants with Low-Carbon Growth Tech

The debt-saddled South African utility has issued an expression of interest to seek proposals on how to refurbish three fossil fuel power plants to be decommiss…

No Green New Deal for Australia as Coalition Tightens Embrace of Fossil Fuels

The full economic impact of the Covid-19 is still yet unknown, but it is clear that world’s governments face a choice in their response: Do they look to protec…

Nuclear Power Plant

Petition Calls for Indian Point Nuclear Plant to Continue Operating

Asked New York governor Andrew cuomo to delay the shutdown of Indian point.