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Oil & Gas Trade
Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out
Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua…
Human-Fueled Climate Change：Record-Breaking Extreme Heat Wave that Spread across Europe
July 2019 could be the hottest month on record.Scientists say that the record-breaking extreme heat wave that spread across Europe, the United States and the Ar…
Energy Storage Project
Tesla Installed The World's Largest Lithium-ion Battery in South Australia
Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries. Since then, the facility save…
LNG
India to Drive the Capacity Growth of LNG Regasification Industry in Asia, Oceania
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) pro…
Electricity Transmission
Venezuela has Lost About 1,200 Megawatts of Thermal Power After a Massive Blackout
The lights went out across much of Venezuela Monday, reviving fears of the blackouts that plunged the country into chaos a few months ago as the government once…
Fossil Fuels Are Not As Efficient As Once Thought According to A New Study
Fossil fuels, long regarded for their high-energy return on investment, are not as efficient as once thought. In fact, their final yields are not much better th…
LNG
Italian and Chinese Majors Vie for Pakistan's Mega LNG Tender
Italian oil major Eni, China’s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in a tender…
Electric Vehicle Charging
Tesla's First Fully Upgraded Supercharging V3 Station In Las Vegas
Tesla is rolling out the first Supercharging station in its network that is comprised 100% of V3 Supercharging stations. The new Las Vegas Supercharging locatio…
CFHEC and Platinum Power Signed an Agreement to Co-develop and Build a 108MW Hydropower Plant
Platinum Power and China First Highway Engineering Co (CFHEC) signed an agreement on Wednesday to co-develop, finance, and build a $300 million, 108 megawatt hy…
Crude
Chevron Spills Nearly 800,000 Gallons of Oil and Water into a California Canyon
Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less…
Crude
Crude Oil Futures were Lower During Mid-Morning Trade in Asia
Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil funda…
Oil & Gas Trade
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…
EU Carbon Prices Hit an 11-year High
After a decade of single-digit prices, the cost of carbon has been rising for the last 19 months following moves by EU lawmakers to reduce the number of free pe…
Oil&Gas Drilling
EU Threatens Sanctions on Turkey over Cyprus Drilling
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for gas and oil off Cyprus and…
Power Construction
South Africa to Finalise A New Power Supply Deal to Ease Zimbabwe's Electricity Woes
The Zimbabwean Energy and Power Development Minister, Fortune Chasi, will soon lead a delegation to South Africa to finalise a new power supply deal to ease ele…
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