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Market Analysis

Russia Will Ignore Oil Markets In G-20 Video Summit

The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about…

Oil and Gas Technology

First-of-its-kind Power Plant Utilizes Ethane in Combustion Mix

A new Competitive Power Ventures gas-fired power plant in Pennsylvania.

Market Analysis

Covid-19 Triggers 20% Drop in Oil Demand

The outbreak of covid-19 could have a major impact on global oil demand.

Solar Power Plant

Southeast Asia's Largest Solar Plant to Come up in Vietnam

Trungnam Group, a leading player in the energy, construction and real estate sector in Vietnam, will be setting up the largest solar power plant in Southeast As…

Crude Oil

World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd

A dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomber…

Nuclear Power Plant

Fennovoima Changes Spur Progress with Hanhikivi Project

Finland's Fennovoima said operational changes made in 2019, both within the company and throughout the Hanhikivi 1 nuclear power plant project, have brought sig…

Thermal Coal

S.Korea First-Quarter Thermal Coal Imports Set for 10-yr Low on Anti-Pollution Measures

South Korea's first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has redu…

Crude Oil

Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad

Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…

Gas power plant

First-of-its-kind Power Plant Utilizes Ethane in Combustion Mix

A new Competitive Power Ventures gas-fired power plant in Pennsylvania, United States, has been adapted to use ethane in its combustion mix.

Oil Price

UK Supermarkets Cut Fuel Prices As Oil Continues to Plunge

The RAC said it is the largest single cut it has seen and predicted it will result in prices sinking to a four-year low.

Wind Power in China

Coronavirus'a Crisis Unlike Anything the Market has Even Seen for Wind Sector

The wind power industry is facing “a crisis unlike anything it’s ever seen” as the coronavirus pandemic impacts markets and production around the world, said…

Nuclear Power Plant

EDF Energy Cuts Workforce at UK's Hinkley Point C Nuclear Power Project

The number of workers at the site would be reduced to about 2,000.

Crude Oil

Thai Oil Refiners Cut Output as Fuel Demand Falls: Sources

Thailand is one of the largest oil refining centers in southeast Asia.

Tidal Energy

European Tidal Stream Output 'Jumps 50%'

European tidal stream projects generated 50% more electricity in 2019 than in 2018, according to statistics released today by Ocean Energy Europe (OEE).

Geothermal Power Plant

Innovation in Geothermal Energy Utilization

How Iceland is blessed with its geothermal energy resources both for power generation and heat utilization and the innovations being worked on is topic of this …