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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…
Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues
Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.
Oil Price
OPEC+ Oil Production Hits 13-Month High As Output Cuts Start
After the collapse of the previous OPEC+ deal in early March, OPEC opened the taps in April, pumping at its highest level in 13 months.
Solar Power Plant
Invenergy Georgia Solar Energy Centre Begins Commercial Operations
Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre.
Electric Vehicle Charging
Hitachi and Gridserve Partner on Multi-Million-Pound Renewable Deal
Hitachi Capital UK and UK renewable energy company Gridserve Sustainable Energy have signed a partnership agreement to develop solar farms and solar-powered ele…
Gas power plant
OPG’s Atura Power to acquire three natural gas-fired plants
The acquisition is valued at approximately C$2.8bn ($2bn) and dependent on customary closing adjustments.
Solar Power Plant
J-Power USA joins 350MW solar power development project in Texas
J-Power USA Development has signed an agreement to become a partner in the development of a 350MW solar PV project in Texas’s Wharton County.
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…
Oil Price
Australia's Woodside Sees Low Oil Prices into 2021
Australian independent Woodside Petroleum expects low oil prices to persist for the rest of 2020 and into next year.
Solar Technology
New Material Processing Steps Significantly Improve Operational Stability of Hybrid Perovskite Solar Cells
Silicon has long been the conventional material of choice for solar cells, which convert energy from the sun into electricity. However, because light absorption…
Energy Storage Battery
SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.
SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.
Coal Production
Coal Generation in Australia's NEM Fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Oil & Gas Trade
Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim
Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.
SMR
Holtec SMR to Use Commercially-Available Framatome Fuel
The selection of Framatome's widely consumed fuel has substantially reduced the majority of the first-of-a-kind-engineering for the fuel system, Holtec said.
Nuclear Policy
NGOs Demand Place for Nuclear in EU Taxonomy
A group of more than 100 scientists and environmentalists have written to the European Commission calling for a "timely and just assessment" of nuclear energy i…
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