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Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Coal-Fired Power Plants
Britain Goes 2 Months Without Burning Coal for Power
Britain has gone two full months without burning coal for electricity, as Covid-19 restrictions reduce demand, and the country plans to be off it entirely in th…
Energy Saving
EBRD Announces €10 Million Energy Efficiency Finance Package for Sarajevo
The European Bank for Reconstruction and Development and the European Union have announced €10 million in funding for the capital city of Bosnia and Herzegovin…
Coal-Fired Power Plants
U.S. Rapidly Shutting Coal in Favour of Natural Gas
Since 2010, utilities have retired or announced the closure of more than 500 coal-fired power plants in the U.S.
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Wind Power Project
Statkraft UK Awarded 330MW in Ireland’s First Renewable Energy Auction
Norwegian mega-utility Statkraft has been awarded a total of 330MW of the almost 1.3GW in clean energy capacity available in Ireland’s first renewable energy a…
Coal Production
Global Coal Surplus Supply May Reach 17 Million Tons in 2020
The company has significantly lowered its forecast for global seaborne thermal coal surplus supply in 2020 to 17 million tons.
Coal Mine
Peabody Energy Writes Down Value of World's Largest Coal Mine by $1.42 billion
Coal giant Peabody Energy is writing down the value of its huge North Antelope Rochelle Mine in Wyoming by $1.42 billion.
China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.
Electric Car
NIO Delivered 3,533 EVs in July, up 322.1% YoY; 17,702 Units Year-to-Date
China-based premium EV-maker NIO reported that it delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.
Nuclear Fuel
Ostrovets Plant Set for Fuel Loading
It consists of two VVER-1200 reactors that are scheduled for commissioning this year and next.
10 Biggest Oil Consuming Countries in the World
In the last few decades, the share of global oil consumption from Europe and North America have begun to decline, whereas, consumption levels from Asia Pacifi…
Hydropower Plant
10 Most Powerful Dams in the World!
Dams are spectacular feats of engineering that many of us take for granted.
Installation of sealed lead acid batteries for 160kva ups
Tenders are invited for acquisition and installation of sealed lead acid batteries for 160kva ups for serpro regional recife.
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