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Oil & Gas Trade
Saudi Loss of China Oil Market Share Likely Brief
Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…
Oil & Gas Trade
US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week
The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…
Hydropower Plant
102 MW Gulpur Hydropower Project Under Construction in Azad Kashmir
Gulpur Hydropower Plant (GHPP) is an under construction. Located on Poonch River, a major tributary of Jhelum River near Gulpur in Kotli District of Azad Kashmi…
Energy Storage Battery
Tesla will Launch its New Battery in China First and Partner with CATL
Tesla will launch its new million-mile battery cell in China first, and it will partner with CATL to make them.Electrek previously revealed that Tesla is workin…
Solar Power Plant
‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19
Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…
Nuclear Power Plant
Major Component Installed at Vogtle 3
The integrated head package (IHP) for Vogtle Unit 3 has been set into place on top of the reactor vessel, Georgia Power has announced.
Oil Shale
U.S. Shale Needs To Slow Down To Survive
Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr…
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…
Nuclear Technology
DOE Launches Program to Demonstrate Advanced Nuclear Reactors Within 5 Years
Private developers of nuclear reactors in the United States are demonstrating their technology in the United States.
Oil Field
Somalia Readies for First Bid Round of Oil Fields
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.
Solar Power Plant
CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio
CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.
Coal Company
Cash-Strapped Coal India Eyes First-Ever Bond Issue
Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…
Climate Assembly UK to Consider Covid-19 Impacts in Final Net Zero Policy Discussions
The new multi-million-pound facility will be the onshore base for the Dogger Bank wind farm, which is expected to provide renewable electricity.
Solar Power Plant
Construction of 700MW Noor Energy 1 CSP project in Dubai, UAE on Track
Construction of the 700MW Noor Energy 1 concentrated solar power (CSP) project in Dubai, United Arab Emirates (UAE) is progressing well despite limitations impo…
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