2020, May, 28, 12:05:00OIL PRICE: NEAR $34
Brent were down 2%, or 71 cents at $34.03 per barrel, WTI were down 3%, or 98 cents, at $31.83 a barrel
2020, May, 28, 12:00:00RUSSIA, SAUDI ARABIA COORDINATION
Russian President Vladimir Putin discussed the oil market with Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday
2020, May, 28, 11:55:00EURO UP
The EU executive unveiled a plan on Wednesday to support economies hammered by the pandemic
2020, May, 28, 11:50:00CHINA'S ENERGY IEFFICIENCY UP
China energy intensity, which measures the amount of energy needed to generate one unit of GDP, decreased by 2.6% in 2019,
2020, May, 28, 11:45:00EUROPE IGNORES NUCLEAR POWER
the European Commission has ignored the need for nuclear power as a clean, dispatchable and European source of energy
2020, May, 28, 11:40:00CHEVRON WILL CUT 6,000 EMPLOYEES
Chevron’s cuts equate to about 6,000 of its 45,000 non-gas station employees. It’s “streamlining our organizational structures to reflect the efficiencies and match projected activity levels,” the San Ramon, California-based company said Wednesday in a statement. “This is a difficult decision, and we do not make it lightly.”
2020, May, 28, 11:39:00MASTERING ENERGY STORAGE & CHARGING ELECTRIC VEHICLES WORKSHOP
A comprehensive understanding of the technology solutions, business considerations and competitive environments of the booming electricity storage market, and the issues facing power systems when electric vehicles (EVs) become mass-market.
2020, May, 28, 11:38:00PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
2020, May, 28, 11:37:00POWER CONTRACTS & NEGOTIATION
Power Contracts & Negotiation 30 June – 2 July 2020, Singapore 21 – 23 September 2020, Johannesburg
2020, May, 28, 11:35:00MALAYSIA'S PETRONAS WILL CUT INVESTMENT
Petronas plans to reduce its capital expenditures by 21% and its operating costs by 12% in 2020
2020, May, 28, 11:30:00MALAYSIA'S PETRONAS PROFIT 68% LOWER
Petronas Profit After Tax (PAT) for the quarter stood at RM4.5 billion, 68 per cent lower than the RM14.2 billion posted in the corresponding quarter in the previous year,
2020, May, 28, 11:25:00AUSTRALIA'S SANTOS BUYING $1.265 BLN
Santos today is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingent payment of US$200 million subject to a final investment decision (FID) on Barossa.
2020, May, 28, 11:20:00AUSTRALIA'S SOLAR AND BATTERY MICRO-GRIDS
“Stand-alone power systems, which are usually a combination of solar, batteries and a back-up generator, are getting cheaper and more sophisticated. In contrast, supplying customers using poles and wires in remote areas can be very costly.”
2020, May, 28, 11:15:00BRAZIL'S SUPPORT TO POWER SECTOR $2.9 BLN
The Brazilian government has approved a BRL15.6bn (US$2.9bn) loan to support the Brazilian power sector
2020, May, 28, 11:10:00BLOCKCHAIN FOR ENERGY
Blockchain’s primary value is providing mathematical proof about the state of data, so that different parties to a transaction can agree on the outcome even if they do not know or trust each other.