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Solar Power Plant
Powertis to Develop 500MW of Solar PV Projects in Italy
Spanish utility-scale solar plants developer Powertis has unveiled plans to develop a portfolio of 500MW solar photovoltaic projects in Italy.
Oil & Gas Trade
Oil Exports Fetch USD 1.4 Billion in Libya
Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.
Shell Wants to Create a Green Hydrogen Hub in the Port of Rotterdam
Hot on the heels of last month’s announcement to become a net zero energy business by 2050, Shell has today revealed its intention to create a green hydrogen h…
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…
Coal Mine
In U.S. Shale Bust, Frack-Sand Miners are the New Coal Companies
Three years ago, companies selling hydraulic fracturing sand to oil producers boomed, opening multimillion-dollar mines.
Oil Shale
Top US Shale Producer Sees Oil Price Recovery Continuing
Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.
Oil Shale
Shell Sells Appalachia Shale Gas Assets to National Fuel
The consideration is intended to be paid in cash, but National Fuel has the option to provide up to US$150 million of NFG common stock as consideration.
Wind Power Project
MIGA Backs Djibouti's First Utility-Scale Wind Project
The multilateral investment guarantee agency, a member of the world bank group, has issued guarantees to support djibouti's first utility-scale wind power proje…
Solar Power Panel
Malaysia's TNB Partners with Envision to Digitialise Solar Operations
Malaysian utility Tenaga Nasional Berhad has announced the planned deployment of big data analytics applications for its large-scale solar facility in Sepang.
Oil Price
Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer
Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, chief executive at Russian oil producer Gazprom Neft, t…
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…
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 …
Coal Production
Coal Generation in Australia's NEM Fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Poland to Help Energy Groups Hit by Lower Demand by Easing Rules
Poland plans to help energy groups free up capital by easing some rules on electricity sales on the power exchange, the government said on Tuesday.
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