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Oil Price
Canada Energy Minister: Oil Price Recovery will be Gradual
In an interview with Energy Intelligence, Sonya Savage, Energy Minister of Canada's hydrocarbon-rich province of Alberta said, the oil price recovery will be gr…
EU Energy Ministers must Phase Out Fossil Gas and Improve Their 2030 Plans
EU energy ministers have discussed sector integration as well as the state of play of the National Energy and Climate Plans (NECPs).
Crude Oil
Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd
U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister…
Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Oil Price
OPEC Sees Oil Rising To $40 In Second Half Of 2020
In China, which was hit first by the coronavirus, and which exited the lockdown first, the return to normalization in the transportation sector “is driving up …
Crude Oil
Algeria Says Proven Oil Rserves at 10 Billion Barrels
OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.
Oil & Gas Trade
Japan Urges G20 Energy Summit to Address Importance of Stable Oil Prices
Japan hopes a Group of 20 energy ministers summit later on Friday will address the importance of stable oil prices and supply after OPEC and its allies agreed t…
Oil Price
Saudi Arabia Claims The U.S. Was Not Their Target In The Oil War
Saudi Arabia did not intend for U.S. oil producers to suffer, Saudi Energy Minister, Prince Abdulaziz bin Salman, said in an interview with a select group of re…
Oil Price
G-20, OPEC Working to Rebalance Oil Market
Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
Crude Oil
OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts
Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…
Australia is Aiming to Produce Cheap Hydrogen at Less Than $2 a Kilo
Energy Minister Angus Taylor announced a new goal of “H2 under 2” as part of a renewable energy strategy.
Solar Power Plant
Rajasthan to Set up 30,000 MW Solar Power plants by 2024-25
Rajasthan targets to set up 30,000 MW solar power plants by the year 2024-25 in the state, Energy Minister B D Kalla said on Tuesday. Replying to a question rai…
Solar Company
Over 20 Companies Eye 140 MW Solar Park Project in Albania
More than 20 international companies have entered the race for a contract for the construction, maintenance and operation of a 140 MW solar power plant in Karav…
Solar Power Plant
Peru Authorises 160MW Solar Venture by Spanish Player
Peru has waved through two large-scale solar projects Spanish firm Continua Energías Positivas is looking to develop in the southeast, bringing a boost to PV…
German Energy Leaders Seek Federal Support for Low Carbon Transition
A leading German energy association and regional energy minister both called for increased German federal support in meeting the country’s decarbonisation goal…
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