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Oil Price
Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal
According to the agency's report, a fall in demand and an increase in supply could result in more than 20 million barrels per day of excess oil.
Oil Price
Oil Rises 3% on Hopes for Output Cut as Coronavirus Ravages Demand
Oil prices rose on Tuesday as hopes grew that the world's major oil producers would agree to cut production.
Electricity Transmission
EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network
The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.
Nuclear Power Plant
IAEA Supports Discharge of Fukushima Daiichi Water
A review of the management of treated water stored at the damaged Fukushima Daiichi nuclear power plant in Japan has been carried out by the International Atomi…
Crude Oil
The World’s Biggest Oil Deal Can’t Save Crude Prices
G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-pr…
Blockchain
Canadian Conservation Authorities Hold Green Energy Blockchain Pilot
Officials in the province of Ontario are working with the Insolar technology firm.
New York Passes Renewable Energy Act Amidst Coronavirus Pandemic
State of New York authorities have passed legislation to speed up the siting and construction of large-scale clean energy projects to help the sector recover fr…
Energy Storage Battery
NT Plans Big Battery in Darwin to Cut Gas Costs and Accelerate Solar
The Northern Territory government has announced plans to spend $30 million on a big battery for the Darwin-Katherine grid, a move it says will pay for itself wi…
Energy Transition
Sorry to Disappoint Climate Deniers, but Coronavirus Makes the Low-Carbon Transition More Urgent
Sorry to be the harbinger of denier disappointment, but there is every reason to expect that the virus crisis will strengthen and accelerate the imperative to t…
Crude Oil
OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts
Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…
Hydrogen Fuel Cell
BMW Fuel Cell Powertrain Unveiled Developed with Toyota
The automakers have been working in a partnership to design a vehicle powered by H2.
Market Analysis
Oil Industry Joins The Fight Against Coronavirus
The supermajor is also offering free food and drink to healthcare professionals at 15,000 retail outlets globally as well as to truck drivers and delivery perso…
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Oil & Gas Trade
Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to
President Donald Trump said on Saturday that he "does not care about OPEC" and that he will put tariffs on oil imports to the United States if he has to in orde…
Oil Shale
Saudi Arabia Denies Trying to kill US Shale, Shifts Blame for Oil Supply Glut on Russia
Rejecting the accusation as “fully devoid of truth,” Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud insisted that the Kingdom is and has always been …
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