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Crude
OPEC’s Pact with Russia Falls Apart, Sending Oil Into Tailspin
A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavi…
Oil & Gas Trade
CNOOC Has Fully Resumed, Recovering From the Effect of Coronavirus
On March 6, the reporter learned from China National Offshore Oil Corporation that, with full coordination efforts, up to now, CNOOC's projects under constructi…
Wind Power Project
‘Risk’ Coronavirus could Delay Scottish Offshore Wind Projects
Offshore wind project manager, Jamie Dempster, conceded yesterday that there could be delays to offshore wind farm projects in Scotland in the wake of the coron…
Oil & Gas Trade
OPEC+ Stuck Yet Again as Saudi Arabia and Russia Disagree on Output Cuts
The OPEC+ found itself stuck yet again, after a day of talks that ended with its two most important members split over whether they should deepen production cut…
Coal Mine
China Resumes 83.4% Coal Production Capacity Amid Epidemic
China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administration (NEA) s…
Oil & Gas Trade
Oil Looks Into Abyss as Coronavirus Threatens Demand Contraction
Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, it…
Market Analysis
How Coronavirus is Impacting China’s Wind Energy Industry
The coronavirus outbreak will impact the supply chain and installation operations in China’s wind energy sector, as well as the worldwide wind industry, accord…
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…
Oil & Gas Trade
China's Fuel Demand To Normalize Earlier Than Projected
China's thirst for fuel has substantially gone down after the coronavirus outbreak forced government officials to lock down cities and restrict non-essential tr…
Oil Price
Russia's Putin Says Current Oil Prices Acceptable
Russian President Vladimir Putin said on Sunday that current oil prices were acceptable and that Russia had the tools to react to any negative effects of the sp…
Crude
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit…
Solar Power Plant
Govt may Give more Time to coronavirus-hit solar projects to complete projects
In what could come as a huge relief for solar developers, the Ministry of New and Renewable Energy (MNRE) will come up with guidelines for solar projects that c…
Crude
Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the …
Oil & Gas Trade
Oil may Hit $40 if Russia doesn’t Support Opec’s Production Cuts
In a volatile trading last week, crude oil prices touched one-month high and then fell back as coronavirus fears were back in the markets, with infection and de…
Oil & Gas Trade
IEA: Coronavirus May Hit Oil Demand Growth More Than Expected
The coronavirus outbreak could hit global oil demand growth more than currently expected, the head of the International Energy Agency (IEA) said on Tuesday, add…
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