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Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Crude Oil
In Rare Development, Oil Majors Are Forced To Cut Output Under OPEC Deal
A British Petroleum-led project in Azerbaijan will have to cut production in May for the first time as Azerbaijan will need to take drastic measures to meet its…
Thermal Coal
EU Coal Demand to Fall as Imports Reach 30-Year Low
In February, the eu's net imports of thermal coal fell to a 30-year low.
Oil & Gas Trade
Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…
Market Analysis
General Motors Aims for Carbon Neutral Facilities with Renewable Energy
The automaker wants several Michigan locations to run entirely on renewables by 2023.
CNPC
CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)
China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…
Austria Becomes Second EU Country to Go Coal-Free – Sweden on Its heels
Austria and Sweden both closed their last operating coal-fired power plants.
Wärtsilä Gains $1M in Funding for Finnish Hydrogen Research
Finnish technology group Wärtsilä has secured one million Euros in funding from Business Finland for a hydrogen research project.
Solar Power Plant
Germany has 200,000 Solar-Plus-Storage Systems
EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and elect…
Crude Oil
Trump Says "Looking to" Add 75 mln Barrels of Oil to Strategic Petroleum Reserve
U.S. President Donald Trump said on Monday that the United States is "looking to" add 75 million barrels of oil to its Strategic Petroleum Reserve (SPR) as oil …
Oil & Gas Trade
Australia Says First in Line to Buy Crude to Store in US Strategic Reserve
Australia is at the head of the queue to buy oil and store it in the US Strategic Petroleum Reserve.
Wind Farm
Foresight Finalises Acquisition of 231MW Wind Farm with EU Partners
The UK's foresight group bought the 231mw Skaftasen wind farm from rise, a Swedish renewable energy company.
Solar Power Plant
E-Reverse PV Auction of India's NHPC Lures 3.1 GW of Bids
Indian hydropower major NHPC (BOM:533098) last week completed a tender for 2,000 MW of grid-connected solar projects at tariffs as low as INR 2.55 (USD 0.033/EU…
Market Analysis
Europe Can Reach Net-Zero by 2050 with 100% Renewables, Study Shows
New modelling shows that Europe could reach climate neutrality before 2050 through a 100% renewable energy scenario which would also see solar technology genera…
Crude Oil
BPCL Kochi Refinery Takes Steps to Maintain Petroleum Products Supply
Although the COVID 19 outbreak hit demand for gasoline, diesel, fuel oil, asphalt, aviation turbine fuel (ATF) and other petroleum products.
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