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Oil & Gas Trade

Indian Refineries Slash Middle East Oil Imports As Storage Fills Up

Two oil refiners will be cutting their crude oil imports from Saudi Arabia by between 66 percent and 80 percent for May, as India – population 1.3 billion peop…

CNPC

CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)

China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…

LNG

Japan Has Only 2-Week Stockpile of LNG

The outbreak of the coronavirus poses a new risk to Japan, potentially cutting off vital supplies of liquefied natural gas.

Solar Power Panel

Solar Park with 10,000 Panels Being Constructed in Southern Estonia

The solar park was designed by the company Nordic Power Management. The 5.72-hectare property is entirely planned to be covered with solar panels and all of the…

Oil & Gas Trade

Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout

Shell has delayed a decision on whether to proceed with two large oil and gas development projects in the gulf of Mexico and the north sea.

Solar Power Plant

UK Breaks Solar Generation Record Amid Fall in Pollution Levels

Clear skies and cool temperatures have helped the UK to break the all-time solar peak generation record.

Oil Price

US Oil "Technically Worthless," and Coal Plants Shuttered, as a Tidal Wave of Bankruptcies Looms

May contracts for West Texas Intermediate (WTI) crude oil went as low as -$37.63 on Monday.

Hydrogen Project

World's First Offshore Green Hydrogen Project

Neptune energy announced it was the world's first offshore green hydrogen project.

Solar Power Plant

New UK Solar Generation Record Set Amidst Air Pollution Collapse

A new peak solar generation record has been set in the UK, with the industry citing a collapse in air pollution levels linked to the country’s lockdown as havi…

Offshore Wind Power

LS Cable & System Signs Submarine Cable Supply Contract with Dutch Firm

LS Cable & System provides subsea cables to tenet, the Dutch state electricity company.

Coal Company

Coal India Arm Kick-Starts Roadmap to Achieve 75 MT Output by FY23

Coal India is contributing to an ambitious 1bn target of more than 75m tonnes of production.

Crude Oil

Trump Says "Looking to" Add 75 mln Barrels of Oil to Strategic Petroleum Reserve

U.S. President Donald Trump said on Monday that the United States is "looking to" add 75 million barrels of oil to its Strategic Petroleum Reserve (SPR) as oil …

Wind Turbine

Covid-19 Could Cut Global Wind Production Capacity by 20% This Year

Research group says reopening plants could face tricky road back to earlier levels because of ongoing measures.

ExxonMobil Breaks Ground on Multibillion-Dollar Chemical Complex in China

Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province.

Solar Power Plant

AES Approves ‘Largest Capital Raise’ to Date for 1.6GW LatAm Renewables Push

Chilean developer AES Gener is to support plans for a consequential renewables build-out with a new capital raise, reportedly the largest it has seen in its his…