News Categories

Guyana political stalemate drags on

15 May 2020 - 18:43
Fledgling oil producer Guyana's political stalemate is dragging on amid slow progress in a closely watched recount of votes from a disputed 2 March parliamentary election.

Li, Co output may rise 500pc by 2050: World Bank

15 May 2020 - 18:10
Production of graphite, lithium and cobalt may need to rise by nearly 500pc by 2050 from 2018 levels to meet demand from energy storage technologies in the clean energy transition, the World Bank said.

Monthly hydropower output up 9% yr/yr

11 May 2020 - 23:19
The electricity output of Iran’s hydroelectric power plants in the first month of the current Iranian calendar year (March 20-April 19) increased by nine percent compared to its previous month (February 20-March 19).

Australia's Woodside sees low oil prices into 2021

30 April 2020 - 18:23
Australian independent Woodside Petroleum expects low oil prices to persist for the rest of 2020 and into next year, given lower energy demand amid the Covid-19 pandemic from an oil oversupply across large producers.

US Shortens Waiver; Time for Iraq to Import Iranian Electricity

27 April 2020 - 15:44
The United States has renewed a waiver for Iraq to continue importing Iranian electricity, a US State Department official said late Sunday, but this time for a shorter period of 30 days, adding that Washington would be reassessing whether to renew again once a ‘credible government’ is formed in Iraq.

China to exempt NEV purchase tax for 2021-22

22 April 2020 - 21:10
China will exempt the purchase tax on new energy vehicles (NEVs) for next year and 2022.

Parand Combined-Cycle Power Plant does not use underground water resources. It is equipped with air cooled condenser, which reduces water consumption by using wastewater

17 April 2020 - 18:05
OPEC expects demand for its crude will fall to the lowest in three decades as the coronavirus outbreak freezes the global economy, underscoring the urgency of its promised production cuts.

Low margins threaten future of New Zealand refining

16 April 2020 - 22:55
New Zealand's sole refinery the 135,000 b/d Marsden Point plant is considering halting refining activity and becoming an oil product importer as part of a strategic review of its operations.

India backs renewables over coal amid Covid-19 curbs

16 April 2020 - 21:40
India is taking special steps to support renewable energy projects during the extended Covid-19 lockdown in a bid to stick to the country's broader goal of trimming its reliance on coal.

Z Energy sees slump in New Zealand jet fuel sales

14 April 2020 - 18:08
New Zealand downstream firm Z Energy reported an 83pc slide in jet fuel sales to 2.41mn litres (15,100 bl) in the week to 5 April compared with an average of 89,000 bl/week in the four weeks to 22 March, before the country imposed travel restrictions to combat the Covid-19 pandemic.
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