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Oil & Gas Trade
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…
Solar Power Plant
Trump Admin Slaps Solar, Wind Operators with Retroactive Rent bills
The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills.
Oil Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Tidal Energy
80% of UK Public Backs Wave and Tidal Energy
New figures released by the UK government show wave and tidal energy has the backing of 80 per cent of the public.
Crude Oil
China Crude Oil Runs Rebound in April as Fuel Demand Picks Up
The country processed a total of 53.85 million tonnes of crude oil last month, data from the National Bureau of Statistics (NBS) showed on Friday, equivalent to…
Crude Oil
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…
Oil Price
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…
Wind Energy Technology
Siemens Intends to Spin off Wind Technology Ops
Siemens AG on Friday unveiled a plan to merge its Wind Energy Generation unit into its technology and mechanical drive business and then spin-off and publicly …
Crude Oil
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Oil Price
Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer
Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, chief executive at Russian oil producer Gazprom Neft, t…
Market Analysis
Australia Wind Output Breaks Through 5,000MW for First Time
Australia’s wind energy output broke through the 5,000MW for the first time late last Friday – little more than a year after it broke through the 4,000MW mi…
Crude Oil
Oil Rises Further Above US$26 as Opec+ Begins Record Cuts
Oil rose further above US$26 a barrel on Friday as Opec and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that…
Oil Price
Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout
U.S. oil supermajor Chevron Corporation (NYSE: CVX) reduced its capex guidance for the second time in two months to protect its dividend, as it warned on Frid…
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
LNG
US $2.8bn Export LNG Carriers to be Constructed in China
CSSC Chairman Lei Fanpei, Saad Sherida AI-Kaabi, president and CEO of Qatar Petroleum and the Minister of State for Energy Affairs signed the contract online on…

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Ida

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

Trump Admin Slaps Solar, Wind Operators with Retroactive Rent bills

Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy

80% of UK Public Backs Wave and Tidal Energy

China Crude Oil Runs Rebound in April as Fuel Demand Picks Up

Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

Siemens Intends to Spin off Wind Technology Ops

Crude Oil Futures Rise on Spot Demand

Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer

Australia Wind Output Breaks Through 5,000MW for First Time

Oil Rises Further Above US$26 as Opec+ Begins Record Cuts

Chevron Slashes Capex Again To Protect Dividend In Oil Price Rout

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

US $2.8bn Export LNG Carriers to be Constructed in China