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Oil&Gas Drilling
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…
Thermal Plant
Analysis of the Potential for Hydrothermal Geothermal Energy in Germany
A study conducted in 2017 looked at the hydrothermal geothermal potential of Germany with its conclusion recently presented in a webinar by Enerchange in German…
Oil & Gas Trade
Trump Pledges to Support Oil, Gas Industries Amid Oil Futures Crash
U.S. President Donald Trump on Tuesday directed his administration to work on a plan to get funding to the oil and gas industries as a steep sell-off in oil fut…
China Joins the IEA Bioenergy Technology Collaboration Programme
The IEA Bioenergy Technology Collaboration Programme (TCP) has announced that the People’s Republic of China has joined the TCP, bringing the number of contrac…
Oil Price
Argentina Plans Higher Local Oil Price to Protect Sector Amid Rout
Argentina is home to the huge Vaca Muerta shale deposit, the size of Belgium. It is thought to hold one of the world's largest reserves of unconventional hydroc…
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…
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Coal-Fired Power Plants
Eskom Launches Tender to ‘Repurpose’ Coal Plants with Low-Carbon Growth Tech
The debt-saddled South African utility has issued an expression of interest to seek proposals on how to refurbish three fossil fuel power plants to be decommiss…
Market Analysis
NAMIBIA: $63.23 Million Invested in Environmental Preservation Over 5 Years
According to a report recently released by the government of Namibia, N$1.2 billion (US$63.23 million) has been invested in environmental conservation. The fund…
No Green New Deal for Australia as Coalition Tightens Embrace of Fossil Fuels
The full economic impact of the Covid-19 is still yet unknown, but it is clear that world’s governments face a choice in their response: Do they look to protec…
Wind Turbine
Michigan's Largest Batch of Wind Turbines is Up and Running
DTE energy announced the start of Michigan's largest batch of wind turbines.
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…
Oil & Gas Trade
Canada’s Oil Has Nowhere To Go As The US Runs Out Of Storage
Collapsing demand and brimming storage in the United States, Canada’s almost exclusive oil outlet, have resulted in a very usual situation in the Canadian oil …
Coal Mine
Pandemic Shutdown Is Speeding Up The Collapse Of Coal
Coal mines across the country have begun to close, lay off workers and reduce production.
Wind Farm
EGYPT: Zafarana 30 MW Wind Farm to be Closed in 2021 after 20 Years of Operation
Egypt will close a 30-megawatt wind farm in Zafarana, on the country's red sea coast, in 2021.
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