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Oil & Gas Trade
UK Becomes World's Cheapest Natural Gas Market
Britain has become the cheapest natural gas market in the world.
Shell Looks To Become Net Zero Energy Company By 2050
Oil supermajor Shell announced on Thursday its ambition to become a net-zero emissions energy business by 2050 at the latest, joining other majors such as BP an…
Clean emission
Royal Dutch Shell Commits To Net Zero Emissions By 2050
Royal Dutch Shell PLC, one of the world's largest oil and gas producers, on Thursday promised to become net carbon neutral by 2050 at the latest.
Solar Company
WoodMac Expects 106 GW of Newly Deployed Solar This Year
As Chinese PV manufacturers are now on the way to fully utilizing their production capacities, it is becoming increasingly clear how much coronavirus containmen…
Gas Turbine
MHPS Grid-Connects T-Point 2 Advanced Gas Turbine Validation Facility
This verification facility will eventually become the main base for a much-anticipated autonomous combined cycle power generation project.
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Electric Vehicle Battery
BYD Launches Blade Battery for Improved Fire Safety in Electric Vehicles
With electrical vehicles (EVs) gaining more market share by the day, fire safety is an increasingly important concern as the lithium-ion batteries which power t…
Global Coal Capacity is Booming Thanks to China and Japan
Japan and China are becoming the drivers of new coal-fired capacity worldwide, even as the U.S.
Market Analysis
Australia’s Hydrogen Fuel Transition is Great News for the Coal Sector
Australia is launching into a hydrogen fuel transition to gain from Japan’s intentions to become a top H2 energy source adopter. The Australian goal is to beco…
Oil Price
Exxon To Slash Spending As Oil Price Collapse Continues
Exxon has become the latest U.S. oil company to announce plans for spending cuts amid the coronavirus outbreak that caused a price slide significantly aggravate…
240 EV Companies Raised ~$17 Billion In 2019
It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and C…
Gas power plant
Uzbekistan Seeks Investors for 1,500 MW Gas Power Plant
Uzbekistan on Wednesday invited foreign companies to take part in a project to build a 1,500 megawatt (MW) gas power plant in what it wants to become the bigges…
Wind Power Project
Spanish Oil Group Repsol Becomes Major Wind Power Developer
Repsol has added an 860MW wind complex in northern Spain to its development portfolio, in effect turning the Spanish oil & gas company into a major wind develop…
Energy storage technology
Can The U.S. Compete With China In The Energy Storage Race?
Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…
Solar Power Panel
UAE's 1st Floating PV Array to go Live Near Abu Dhabi Resort island
The Abu Dhabi resort island of Nurai will become home to the country’s first floating solar power array, which is planned to be tied to the grid “very soon.”…
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