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Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
Solar Company
JinkoSolar Adds Name to 500 Watt Solar Panel Club
‘Solar Module Super League’ (SMSL) leader JinkoSolar has officially launched its next ‘flagship’ PV panel boasting a maximum power output of up to 580Wp.…
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
Wind Farm
Lithuania Ponders 700-MW Wind Park in Baltic Sea
Lithuania’s Ministry of Energy has determined that an offshore wind park with a capacity of 700 MW can be built in the Baltic Sea to produce enough electricity…
Australia
Australian Biofuels Industry Says COVID-19 Pandemic the Perfect time
Australia's bioenergy industry is calling on the Federal Government to better promote domestic use of green fuels that are being produced in regional Australia …
US EIA Expects Strong Renewables Generation Growth in 2020
Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…
Wind Farm
Shared Grid Offshore New England Saves Over $ 1 Billion Onshore
A multi-user, planned transmission system to harness wind power off New England’s coast could result in onshore electric grid cost savings of over $ 1 billion …
Solar Power Plant
‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19
Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…
Nuclear Technology
Hydrostatic Testing Completed at Leningrad II-2 Cooling Tower
Russia's Rosatom has completed hydrostatic testing of the catch basin of Leningrad II-2’s evaporative cooling tower. At 167 metres high, it is one of the talle…
Oil Shale
U.S. Shale Needs To Slow Down To Survive
Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr…
Oil Field
Somalia Readies for First Bid Round of Oil Fields
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.
Solar Company
LONGi Supplies High-Efficiency PERC Modules for Agriculture-Solar Complementary Project in Ningxia
Located on the silk road, ningxia hui autonomous region is one of the cradles of Chinese civilization.
Coal Company
Cash-Strapped Coal India Eyes First-Ever Bond Issue
Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…
Oil Field
ONGC Awards 49 Marginal Fields to 7 Companies Amid Corona Crisis
India's oil and gas corporation awarded 49 marginal producing oil and gas fields to seven companies late on Thursday.
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