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Oil Price
Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market
Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.
Biobattery
UK Electricity Plant Nears Full Switch away from Coal
As the coronavirus pandemic undermines the production of cleaner renewable fuels, the UK's biggest electricity plant is close to using only biomass following a …
Energy Technology
Landmark Hydrogen Power Project for Spain's Construction Sector
A hydrogen-powered energy system is to be installed on a construction site in Spain in a project that may prove a milestone for cleaning up emissions in the bui…
Crude Oil
Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…
Oil Field
U.S. Energy Giant ExxonMobil Puts Stake In Azerbaijani Oil Field Up For Sale
ExxonMobil has again put its stake in Azerbaijan’s largest oil field up for sale despite a historic decline in oil prices linked to a decline in consumption du…
Renewable Energy
Global Green Energy Growth to Fall for First Time in 20 Years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to p…
Oil & Gas Trade
Chinese Oil Demand has Almost Rebounded to Pre-Pandemic Levels
Oil demand in China has almost returned to its level before the coronavirus pandemic spurred the government to impose lockdowns and shut down industries.
Oil & Gas Trade
Coronavirus Creates Repair Headache for Oil and Gas Industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems fo…
Crude Oil
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…
Crude Oil
Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic
Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave …
Coal Production
The Demise of Coal Might be Slowed in Asia Amid Covid-19
Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economie…
Energy Saving
A Blooming Chance for Renewable Energy Amid Coronavirus?
In the face of multiple crises, governments can kill two birds with one stone by going big on green stimulus, rescuing the economy while also making big cuts to…
Electric Car
Elon Mask Says He is Ready to be Arrested for Reopening California Plant
Tesla CEO Elon Musk confirmed on Twitter that the company has restarted its California factory, a move that defied local government orders involving measures to…
Oil Price
Oil Glut Drives Oil Prices Lower
Oil prices opened about 1% lower on Monday in Asia as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand even …
Wind Farm
Trump Administration Agrees to help Wind Farms with Subsidy Tweak
The Trump administration on Thursday agreed to change rules governing key renewable energy tax credits, a win for wind farm owners seeking more time to claim th…
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