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Crude
Saudis Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,…
Nuclear Fuel
Iran's Uranium Stockpile Rises Further, Say Media
Iran has tripled its stockpile of enriched uranium to 1,020.9 kg over the past three months and failed to provide International Atomic Energy Agency inspectors …
Coronavirus Delays Construction Progress on 510-MW Batang Toru Hydropower Plant in Indonesia
Work on the 510-MW Batang Toru hydropower plants in North Sumatra Province, Indonesia, was temporarily shut down in mid-February because workers from mainland C…
Solar Company
I&M Plans Major Solar Facility In Indiana
Indiana Michigan Power has received approval from the Indiana Utility Regulatory Commission to build a new solar facility in St. Joseph County, Indiana. The a…
Electric Vehicle Battery
Audi Suspends Electric Vehicle Production Due To Battery Shortage
Today in "news that affects all electric vehicle manufacturers but definitely not Tesla stock", Audi has announced that it has suspended production of its e-Tro…
Drilling for Geothermal Project to Proceed on the Azores, Portugal
As reported by local news in Iceland, Iceland Geothermal Drilling Company has secured a drilling contract valued at ISK 2.6 billion (around EUR 18.6 million) …
Debate Renews Between Iran, US at IAEA Meeting
Debate renewed Monday between representatives of the United States and Iran on the 2015 nuclear deal, during a meeting for the International Atomic Energy Agenc…
Geothermal Power Plant
Construction of 10 MW Dieng Small-Scale Geothermal Plant Progressing In Indonesia
Local news from Indonesia, report that construction is progressing on the 10 MW Dieng small scale geothermal power plant of PT Geo Dipa Energi.
Oil Price
Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope
Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…
District Heating Network in Fondon, Spain to Tap Mine Water for Geothermal Heat
The geothermal network of Fondón in Southern Spain will be put into service next year, so local news.
Electric Vehicle Battery
Panasonic and Toyota Team up to Build Prismatic Batteries for EVs
Industry watchers may well have been expecting this news. Back at the beginning of 2019, we discovered that a joint venture between Panasonic and Toyota on batt…
First Gen Gets Approval to Develop 120-MW Pumped Hydro Facility in Philippines
First Gen Corp. has secured authority from the government to develop a 120-MW pumped storage hydropower facility in the northern Philippine province of Nueva Ec…
Nuclear Power Plant
UAE Nuclear Power Plant’s First Reactor Ready for Operation
The first reactor at the United Arab Emirates’ Barakah Nuclear Energy Plant passed a milestone assessment needed to begin operations, UAE state news agency WAM…
GOLDI to Develop Hydrogen-powered Buses And Drones for Europe
By Molly Burgess on Jan 16, 2020 Translate NEWSA new partnership has been formed to develop hydrogen-powered buses and drones for the European market.
Market Analysis
OPEC+ Committed to Balanced Oil Market: UAE Minister
Energy Minister of the United Arab Emirates (UAE) Suhail Al Mazrouei has said the alliance of the oil producing nations known as OPEC+ remains committed to a ba…
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