The project could see underground caverns store several GWh of electricity from renewable sources
read more... 02/10/2020
Russian energy holding company InterRAO reportedly plans to invest $580m (RUR45bn) in a gas turbine joint venture with General Electric.
read more... 02/10/2020
State-run Coal India accounts for over 80 per cent of the country's production and is the world's largest coal miner by output
read more... 02/10/2020
Crude oil prices were almost flat on Wednesday on US financial stimulus hopes, and as global fuel demand concerns are still present amidst the coronavirus pandemics. As a result, the price for Brent crude decreased by 0.2% to $40.95 a barrel. Meanwhile, WTI futures added 2.4% closing at $40.22 due to an expected drop in US crude inventories.
read more... 01/10/2020
ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.
read more... 01/10/2020