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Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Oil & Gas Trade
India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia
Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, includi…
Energy Storage Battery
Tesvolt Starts Operations at Europe's Biggest Battery System Factory
German battery storage company Tesvolt has today started operation at Europe's first gigafactory for commercial battery systems.
Tidal Energy
Europe still Leads the World in Tidal Energy Installations
Europe still leads the world in tidal energy installations, and European tidal stream projects generated 50% more electricity in 2019 than the year before, acco…
Crude Oil
How Russia Is Shedding Its Venezuelan Assets
Russia has set up a wholly state-owned oil company named Roszarubezhneft after Rosneft announced it would exit Venezuela and ditch its Venezuelan assets to a ne…
Electricity Transmission
SIEMENS-TERNA Consortium Secures 370 Mln Euro Contract in Greek Power Link
A consortium of Siemens and Terna has been awarded a 370 million euro ($410 million) contract as part of a 1 billion euro Greek power project to link Athens to …
Energy Transition
EU Leaders Back Covid-19 Recovery Strategy that 'Integrates Energy Transition'
European heads of government call for 'coordinated' approach to coronavirus built around investment in Green Deal.
Oil Field
Equinor Says Sverdrup Oilfield to Produce More, Faster than Expected
The Johan Sverdrup field is ramping up production at a faster rate than initially expected.
Crude Oil
US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve
The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,…
30-gw Tongwei Solar Photovoltaic Industrial Base Project
It will invest a total of CNY 20 billion (USD 2.82bn/EUR 2.56bn) in the so-called Tongwei Solar Photovoltaic Industrial Base Project located in Huaizhou New Tow…
Saudi Arabia Has Assured India of Uninterrupted LPG Supply: Dharmendra Pradhan
India's oil minister said on Sunday he would continue to supply the country with liquefied petroleum gas.
Hydrogen Fuel Cell Vehicle
Mitsubishi Fusco to Develop Hydrogen Trucks
Mitsubishi fuso will introduce hydrogen and electric technology to all new cars in the Japanese market that will be carbon neutral by 2039.
EV Market
Europe Needs its Own EV Battery Recycling Industry
Europe needs its own battery recycling industry, and the EU's European Battery Alliance should make it happen.
Coronavirus: Energy Storage Europe 2020 postponed until 16-18 March 2021
Energy Storage Europe 2020 is postponed until 16-18 March 2021 due to the effects of coronavirus/Covid-19. It will thus take place from Tuesday to Thursday duri…
Oil & Gas Trade
Australia's Woodside Slashes $2 bln in Spending, Delays Key Gas Projects
Woodside Petroleum has halved its 2020 spending forecast and delayed the start of two of its biggest gas projects.
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