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Oil Price
OPEC Daily Basket Price Stands at $14.36 a Barrel Wednesday
The price of OPEC basket of thirteen crudes stood at $14.36 a barrel on Wednesday, 29th April, 2020, compared with $12.41 the previous day, according to OPEC Se…
IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic
The IEA noted that global renewable energy generation is up 3 during the pandemic, one of few bright spots during the crisis.
Oil & Gas Trade
Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June
Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…
Oil Price
Australia's Woodside Sees Low Oil Prices into 2021
Australian independent Woodside Petroleum expects low oil prices to persist for the rest of 2020 and into next year.
Solar Technology
New Material Processing Steps Significantly Improve Operational Stability of Hybrid Perovskite Solar Cells
Silicon has long been the conventional material of choice for solar cells, which convert energy from the sun into electricity. However, because light absorption…
Wind Farm
Vattenfall Green Lights Its Largest Onshore Wind Farm in the UK
Vattenfall enters a partnership with Greencoat UK Wind and gives the green light to the construction of South Kyle.
Oil&Gas Drilling
Fenja, Neptune's First Operated Development Project on the Norwegian Shelf
On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.
Energy Storage Battery
SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.
SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.
Coal Production
Coal Exit Plans on the Rise in Asia
Lenders could follow after Mizuho's move to shun financing of coal-fired power.
Coal Production
Coal Generation in Australia's NEM Fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Oil & Gas Trade
Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim
Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.
Crude Oil
Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan
Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP…
SMR
Holtec SMR to Use Commercially-Available Framatome Fuel
The selection of Framatome's widely consumed fuel has substantially reduced the majority of the first-of-a-kind-engineering for the fuel system, Holtec said.
Nuclear Policy
NGOs Demand Place for Nuclear in EU Taxonomy
A group of more than 100 scientists and environmentalists have written to the European Commission calling for a "timely and just assessment" of nuclear energy i…
Energy Transition
Invest in Nuclear for a Clean Economic Recovery
"Governments need to take urgent action to ensure that the recovery from the economic effects of the coronavirus brings long-lasting good," World Nuclear Associ…
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