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Oil & Gas Trade
Venezuela Oil Exports Climb As OPEC Agreement Kicks In
While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo…
Energy Storage Project
SCE Signs Contracts for 770MW of Energy Storage Capacity
US-based utility company Southern California Edison (SCE) has signed seven contracts for 770MW of battery-based energy storage capacity to strengthen Californ…
Local Company Seeking Permit for Geothermal Project at Noville, Lake Geneva, Switzerland
Reported locally before the weekend, company Petrosvibri wishes to develop a deep geothermal energy project under Lake Geneva in Noville (VD), Switzerland. Th…
Hydrogen Fuel Cell Vehicle
India Investigating Hydrogen-Powered Vehicles in a Bid to Decarbonise Mobility
In a first-of-its-kind project in India, the country’s largest power utility NTPC is inviting global Expressions of Interest to develop hydrogen fuel cell el…
Solar Power Panel
Trina Secures 105 MW Order for its 500 W Modules
Chinese solar panel maker Trina Solar has announced it will provide Indian solar and storage project developer SunSource Energy with 105 MW of its Vertex bifa…
Energy Storage Battery
Tesla Applies for UK Electricity Licence in Potential Big Battery Power Play
While Elon Musk was Tweeting his frank opinion of Tesla’s stock price (and sending it tumbling) over the weekend, news also emerged that the company he co-foun…
Market Analysis
Hydropower at Risk as Water Levels at Lake Victoria Rise
In Uganda, Lake Victoria’s water levels have surged to their highest level in more than half a century posing a threat to the country’s hydropower plants.
Purchase 10 Device Differential Relay And 10 Device Directional Current Relay
Tender are invited for Purchase 10 Device Differential Relay And 10 Device Directional Current Relay
Oil Shale
Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …
Oil Price
Canada’s Oil Patch Struggles To Survive The Worst Recession Ever
Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities and analysts will have a fuller picture o…
Market Analysis
Worldwide Lockdowns to Reduce Nuclear Power Output by 3 Per Cent in 2020
Global nuclear power generation will decline by 3 per cent from 2019 levels in 2020 due to the lockdowns imposed in the wake of the Covid-19 spread, according…
Oil Price
Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout
U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…
Combined Heat and Power
Plans Unveiled for Major CHP Heat Network in London
What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.
Wind Turbine
East Anglia ONE Offshore Windfarm Completes Turbine Installation
ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have successfully installed every single turbine on the East Anglia ONE offshore windfa…
Solar Power Plant
Dubai Achieves Record Low PV Tariff for 900 MW Solar Project
Dubai Electricity and Water Authority (DEWA) has awarded the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park to an ACWA-Power-led consortium.
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