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Elon Mask Says He is Ready to be Arrested for Reopening California Plant
Tesla CEO Elon Musk confirmed on Twitter that the company has restarted its California factory, a move that defied local government orders involving measures to…
Oil Price
Murphy Oil to Close Arknsas, Alberta Offices
Murphy Oil has announced that it is closing its legacy headquarters in Arkansas and shuttering an office in western Canada.
Oil&Gas Drilling
SOCAR Starts Drilling New Well at Umid Gas Field
The State Oil Company of Azerbaijan has started drilling a new well at the Umid-1 platform of the Umid field, the company told local media on May 5.
Market Analysis
Significant Pick-Up in Demand for Energy Storage Projects in Q1 Financial Results
At energy solutions company Alfen, quarterly revenue rose in all three of its business units.
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…
Wind Power Company
Wind Turbine Maker Vestas Falls to First-Quarter Operating Loss
Vestas, the world's largest maker of wind turbines, on Tuesday reported a surprise operating loss for the first quarter.
Solar Company
Abu Dhabi To Have Cheapest Solar Power Ever — 1.35 Cents Per Kilowatt-Hour
Abu Dhabi will reportedly have the cheapest solar farm ever built, which goes nicely next to the world’s largest solar PV farm.
Nuclear Fuel
Framatome, TUM to Develop New Research Reactor Fuel
France's Framatome and the Technical University of Munich (TUM) in Germany have started commercial development of nuclear research reactor fuels based on uraniu…
Market Analysis
US Renewable Leader Reports Strong First Quarter Despite Covid-19
The American Wind Energy Association (AWEA) released new data today, showing the good performance of Dallas-based Tri Global Energy (TGE), a wind power compan…
Wind Power Project
EGP Begins Construction of Two Renewable Projects in Spain
Italian multinational renewable energy company Enel Green Power (EGP) has started construction of a solar and wind project in Spain.
Local Company Seeking Permit for Geothermal Project at Noville, Lake Geneva, Switzerland
Reported locally before the weekend, company Petrosvibri wishes to develop a deep geothermal energy project under Lake Geneva in Noville (VD), Switzerland. Th…
Solar Power Panel
Trina Secures 105 MW Order for its 500 W Modules
Chinese solar panel maker Trina Solar has announced it will provide Indian solar and storage project developer SunSource Energy with 105 MW of its Vertex bifa…
Crude Oil
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…
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…
Oil Price
OPEC Daily Basket Price Stands at $14.36 a Barrel Wednesday
The price of OPEC basket of thirteen crudes stood at $14.36 a barrel on Wednesday, 29th April, 2020, compared with $12.41 the previous day, according to OPEC Se…
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