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Fuel cell EVs Expected to Be The Cheapest Commercial Vehicles within 10 Years
At the CES 2020 trade show, Ballard Power Systems and Deloitte China announced the release of a joint White Paper that projects fuel cell EVs to be less expensi…
Oil & Gas Trade
India May Significantly Boost U.S. Oil Imports
India and the United States will discuss India’s energy security and the Asian country buying increased volumes of U.S. crude oil when U.S. President Donald Tr…
Energy Storage Battery
Tesla May Be Only Big Winner in U.S. Batteries Bound for China
Tesla Inc. may be the single largest beneficiary of a provision tucked into the trade deal between the U.S. and China.
US And China Sign Trade Agreement of The First Step, Energy Tariffs Remain
The US and China have agreed the first step of a broader deal to diffuse a trade war between the two economic giants, though key tariffs on energy imports into …
Power Construction
Ghana, Siemens Sign 250m-euro Deal to Upgrade Power Grid
Siemens has signed a memorandum of understanding with the Republic of Ghana to upgrade the nation’s electricity grid using €250m of financing from Germany.
Oil & Gas Trade
Israel Starts Exporting Natural Gas to Egypt Under Landmark Deal
Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decade…
Oil & Gas Trade
India Exploring Ways to Source Crude Oil from Russia: Pradhan
India is exploring ways to source crude oil from Russia, Oil Minister Dharmendra Pradhan said. “We are working on the strategy to diversify our crude oil suppl…
Oil & Gas Trade
India, Russia Initiate Talks for Long-Term Oil Supply
India and Russia have begun negotiations on an agreement for long-term assured supplies of crude oil, especially from Russia’s Far East region, as New Delhi lo…
Oil & Gas Trade
Iraq Warns of 'Collapse' if Washington Blocks Oil Cash
BAGHDAD-Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps…
Oil & Gas Trade
The Battle For Suriname’s Oil Is About To Begin
The discovery of a significant oil field off the coast of Suriname has grabbed headlines in the past few weeks. With less than a million inhabitants and a GDP p…
Crude
China’s Top Oil Firm Sees Demand Growth Cut in Half in 2020
The world’s biggest oil import market could see demand growth in 2020 of just half of last year’s levels as the trade war’s ripple effects continue to be fel…
Market Analysis
Quest for Blue Skies Poised to Propel up China’s Gas Imports
China’s Blue Sky Policy envisages boosting the share of natural gas in the energy mix from currently 7.5 percent to 15 percent by 2030 which requires substanti…
Oil & Gas Trade
Putin Says Nord Stream 2 Pipeline to be Completed by Early 2021
Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year.
Oil & Gas Trade
Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Oil & Gas Trade
Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…
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