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Crude Oil
US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve
The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,…
30-gw Tongwei Solar Photovoltaic Industrial Base Project
It will invest a total of CNY 20 billion (USD 2.82bn/EUR 2.56bn) in the so-called Tongwei Solar Photovoltaic Industrial Base Project located in Huaizhou New Tow…
Saudi Arabia Has Assured India of Uninterrupted LPG Supply: Dharmendra Pradhan
India's oil minister said on Sunday he would continue to supply the country with liquefied petroleum gas.
Hydrogen Fuel Cell Vehicle
Mitsubishi Fusco to Develop Hydrogen Trucks
Mitsubishi fuso will introduce hydrogen and electric technology to all new cars in the Japanese market that will be carbon neutral by 2039.
EV Market
Europe Needs its Own EV Battery Recycling Industry
Europe needs its own battery recycling industry, and the EU's European Battery Alliance should make it happen.
Coronavirus: Energy Storage Europe 2020 postponed until 16-18 March 2021
Energy Storage Europe 2020 is postponed until 16-18 March 2021 due to the effects of coronavirus/Covid-19. It will thus take place from Tuesday to Thursday duri…
Oil & Gas Trade
Australia's Woodside Slashes $2 bln in Spending, Delays Key Gas Projects
Woodside Petroleum has halved its 2020 spending forecast and delayed the start of two of its biggest gas projects.
Energy Storage Battery
Penso Power Expands Europe’s Largest Battery Storage Scheme
Penso Power adds 50MW to Europe’s largest battery storage scheme, bringing the total poject size to 150MW.
Carbon capture
Captured CO2 and Green Hydrogen to Produce Carbon Neutral Fuel
A new plant in Sweden USES captured carbon dioxide and green hydrogen to produce liquid carbon-neutral fuel.
New 50mw Solar Farm In Zaragoza, Spain
In Europe, Amazon will be investing in a new 50MW solar farm in Zaragoza, Spain. The solar facility will begin operations in 2021.
Clean emission
Gasification with CO2 Storage Reduces the Costs of the EU's ZERO Carbon Strategy by 40&
The energy transition to decarbonise the EU’s economy fully by 2050 will be felt economically in all member states. An illustrative example of this is that eve…
Oil & Gas Trade
Demand Destruction Foils Saudi Arabia’s Plan To Flood Europe With Oil
Saudi Arabia has promised a flood of cheap oil to Europe as it aims to hit its former ally Russia in its own backyard, but it looks like demand for the ultra-ch…
Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
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).
Oil & Gas Trade
U.S. Goes Ahead With Oil, Gas Lease Sales Despite Price Crash
Despite calls for immediate suspension of oil and gas drilling lease sales on federal land amid slumping prices, the U.S. will hold lease sales this week in fou…
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