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.
News ID: 9492 Publish Date : 2020/05/15
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).
News ID: 9476 Publish Date : 2020/05/11
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.
News ID: 9280 Publish Date : 2020/04/30
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.
News ID: 9260 Publish Date : 2020/04/27
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.
News ID: 9180 Publish Date : 2020/04/17
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.
News ID: 9178 Publish Date : 2020/04/16
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.
News ID: 9171 Publish Date : 2020/04/16
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.
News ID: 9145 Publish Date : 2020/04/14
The South Korean jet fuel differential has fallen to the lowest levels since at least 2008 amid weak domestic demand caused by the impact of Covid-19 and higher exports.
News ID: 9075 Publish Date : 2020/04/08
Power consumption has increased sharply in China's Hubei province following the lifting of a lengthy lockdown. The increased power requirements are likely to support coal demand.
News ID: 8873 Publish Date : 2020/03/26
The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the biggest stock plunge on Wall Street since the stock market crash in 1987.
News ID: 8717 Publish Date : 2020/03/14
Iranian Oil Minister Bijan Namdar Zanganeh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.
News ID: 8642 Publish Date : 2020/03/06
Average daily gasoline consumption in Iran has fallen another 10 percent to reach 70 million liters following the implementation of the rationing scheme, according to National Iranian Oil Products Distribution Company (NIOPDC)’s planning director.
News ID: 8636 Publish Date : 2020/03/05
Global demand for LNG grew by 12.5% to 359 million tons in 2019, according to Royal Dutch Shell’s latest annual LNG Outlook, bolstering LNG’s growing role in the transition to a lower-carbon energy system.
News ID: 8494 Publish Date : 2020/02/25
Maritime Guards in Iran’s Southern province of Hormuzgan arrested 13 foreign nationals in the Persian Gulf while they were trying to smuggle one million liters of fuel out of the country.
News ID: 8485 Publish Date : 2020/02/25
Iranian Energy Minister Reza Ardakanian said on Tuesday 330 trillion rials (about $7.85 billion) worth of major energy projects are going to be inaugurated across the country by the end of the current Iranian calendar year (March, 19).
News ID: 8443 Publish Date : 2020/02/15
Deputy Director of National Iranian Oil Products Distribution Company (NIOPDC) says 36,000 vehicles of the country’s public transportation fleet are planned to become dual-fuel by the end of the current Iranian calendar year (March 19).
News ID: 8429 Publish Date : 2020/02/12
Pakistan’s Special Assistant to Prime Minister on Petroleum Affairs Nadeem Babar said that his country is committed to broaden cooperation with Iran in the energy sector.
News ID: 8341 Publish Date : 2020/01/25
Anew photovoltaic power station in Hamedan Province was synchronized with the national power grid on Thursday.
News ID: 8338 Publish Date : 2020/01/24
The United Arab Emirates’ energy minister said on Wednesday he saw no immediate risk to oil passing through the vital gateway of the Strait of Hormuz after Iran attacked bases housing US forces in Iraq.
News ID: 8274 Publish Date : 2020/01/08
