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EV Market
FAW-Volkswagen Launches First Plug-in Hybrid SUV in China
FAW-Volkswagen launched its first plug-in hybrid SUV on Saturday, which is expected to help the popular carmaker make further inroads into China's new energy ve…
Coal-Fired Power Plants
RWE's Q1 Lignite Output Plunges 36% on Poor Market Condition
Output from Germany's lignite fleet has plunged from 13.5 KWH per hour in the first quarter of 2019 to 8.6 KWH per hour.
Crude Oil
Azerbaijan Imposes Oil Cuts on BP-Led Fields
Azerbaijan's BP-led Azeri-Chirag-Guneshli project will have to cut output sharply from May for the first time ever as the country moves to meet its commitment u…
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…
Market Analysis
Renewables’ Share Rises to All-time High in Germany
Renewables covered around 52% of gross power consumed in Germany during the first quarter of 2020. Gross power consumption encompasses all electricity used in a…
Oil Price
Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash
Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…
Hydrogen Fuel Cell
Toyota Unveils the First Stage of Its Altona Green Hydrogen Hub
Some of Toyota's shuttered car plants in altona Victoria are being transformed into renewable energy hubs.
Hydrogen Project
World's First Offshore Green Hydrogen Project
Neptune energy announced it was the world's first offshore green hydrogen project.
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 Turbine
Dominion Energy Nears Construction on First-Ever Offshore Wind Turbines in U.S. Federal Waters
The turbine assembly and monopiles offshore wind (CVOW) pilot project off the Virginia coast announced today has begun.
Nuclear Power Plant
Argentinean Projects to Resume After Hiatus
CAREM - the name is taken from Central ARgentina de Elementos Modulares - is Argentina's first domestically-designed and developed 25 MWe nuclear power unit.
Market Analysis
IRENA: Hydropower can Bring Important Synergies to the Energy System of the Future
The International Renewable Energy Agency has released its first Global Renewables Outlook, which shows the path to create a sustainable future energy system.
Crude Oil
China Doubled Crude Oil Storage Inflows During Coronavirus Demand Hit
China pushed crude oil into storage tanks almost twice as fast in the first quarter of this year as it did in the same period in 2019.
SINOPEC
LNG Tanker Maran Gas Vergina to Discharge First US Cargo in China in 13 Months
The tanker Maran Gas Vergina has arrived in China with the first delivery of US liquefied natural gas in 13 months.
Offshore Wind Power
Iberdrola’s Q1 Offshore Wind Output Soars on New UK Capacity
The Spanish utility boosts its power production from wind at sea by 74.1% as first power flows from the giant East Anglia 1 (EA1)
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