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Crude Oil
World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd
A dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomber…
Nuclear Power Plant
Fennovoima Changes Spur Progress with Hanhikivi Project
Finland's Fennovoima said operational changes made in 2019, both within the company and throughout the Hanhikivi 1 nuclear power plant project, have brought sig…
Thermal Coal
S.Korea First-Quarter Thermal Coal Imports Set for 10-yr Low on Anti-Pollution Measures
South Korea's first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has redu…
Crude Oil
Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad
Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…
Gas power plant
First-of-its-kind Power Plant Utilizes Ethane in Combustion Mix
A new Competitive Power Ventures gas-fired power plant in Pennsylvania, United States, has been adapted to use ethane in its combustion mix.
Oil Price
UK Supermarkets Cut Fuel Prices As Oil Continues to Plunge
The RAC said it is the largest single cut it has seen and predicted it will result in prices sinking to a four-year low.
Wind Power in China
Coronavirus'a Crisis Unlike Anything the Market has Even Seen for Wind Sector
The wind power industry is facing “a crisis unlike anything it’s ever seen” as the coronavirus pandemic impacts markets and production around the world, said…
Nuclear Power Plant
EDF Energy Cuts Workforce at UK's Hinkley Point C Nuclear Power Project
The number of workers at the site would be reduced to about 2,000.
Crude Oil
Thai Oil Refiners Cut Output as Fuel Demand Falls: Sources
Thailand is one of the largest oil refining centers in southeast Asia.
Tidal Energy
European Tidal Stream Output 'Jumps 50%'
European tidal stream projects generated 50% more electricity in 2019 than in 2018, according to statistics released today by Ocean Energy Europe (OEE).
Geothermal Power Plant
Innovation in Geothermal Energy Utilization
How Iceland is blessed with its geothermal energy resources both for power generation and heat utilization and the innovations being worked on is topic of this …
Market Analysis
State Grid Corp. of China Is Finally Getting Out of Real Estate
State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…
Nuclear Power Plant
EDF, Orano Prepare for COVID-19 Impact
French utility EDF has scrapped its nuclear generation target for 2020 on an anticipated fall in output this year because of the coronavirus crisis. Fuel cycle …
Electric Car
Siemens Converts all Lamp Posts on Residential Street to Eectric Car Chargers
In what is understood to be a first for the UK, tech giant Siemens and electric vehicle charging solutions provider ubitricity have converted all the lamp posts…
Crude Oil
Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…
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