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Oil & Gas Trade
Will Look into Halting Oil Import from Saudi Arabia, Says Trump
US President Donald trump said on Monday that the us would consider stopping oil imports from Saudi Arabia.
Oil Price
Oil Price Plunges to 22-Year Low on Concerns Over Storage, Weakening Economies
Oil prices fell Monday, with a U.S. crude futures contract hitting its lowest level since 1998.
Oil Price
Oil Price Collapses to Below Zero as Demand Takes a Dive During Pandemic
A key sector of us oil trading collapsed on Monday.
Hydrogen Fuel Cell
Hyundai to Export Hydrogen Fuel Cell Tech
The Ministry of Trade, Industry and Energy announced Monday that it has approved Hyundai Motor’s export of hydrogen fuel cell technologies.
Oil Price
Oil Plummets 21% to 21-Year Low as Sinking Demand Spurs Uncertainty Around Storage
Oil prices fell to a 21-year low on Sunday night as uncertainty over a supply glut intensified.
Electric Vehicle Battery
Honda Is Giving Batteries From Old EVs A Second Life
Honda will collect used batteries from Honda dealers in 22 countries.
Crude Oil
India Dips in to Weakened Crude Market to Fill up its Strategic Oil Reserves
Ministry of petroleum and natural gas has mandated ISPRL to work closely with public sector oil companies including MRPL to achieve the target of filling up Man…
Hydropower Plant
Uganda Loses Power Nationwide After Hydropower Dams Clogged -Ministry
Uganda lost power countrywide on Tuesday after weeds clogged the intake of water at its three largest hydropower dams which generate most of the country’s elec…
Canadian Green Hydrogen Project Progresses
As part of Air Liquide’s mandate to increase green hydrogen production capacity, work has begun on 20-megawatt proton exchange membrane (PEM) hydrogen system a…
Nuclear Power Plant
Fire Raging Near Ukraine's Chernobyl Poses Radiation Risk
A huge forest fire in Ukraine that has been raging for more than a week is now just one kilometre from the defunct Chernobyl nuclear power plant and poses a rad…
Oil & Gas Trade
Is Saudi Arabia Restarting The Oil War?
Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, …
Oil&Gas Drilling
Non OPEC+ Crude Oil Supply Cuts
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd).
Oil Shale
U.S. Shale Production To Drop By Record Amount In April
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…
Crude Oil
Opec+ Plans to Cut Output by 20mn bpd: Trump
Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond…
Coal Mine
Coal Minister Asks Chief Ministers to Not Import Coal, Source Domestic Fuel
Coal Minister Pralhad Joshi has written to chief ministers of all states asking them to not import the dry fuel and take domestic supply of fuel from state-owne…
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