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Crude Oil
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…
Turkey
Turkey's Energy Import Bill up 104% in August 2021
Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year.
Electric Car
China's Electric Carmakers Make Their move on Europe
Nio Inc, among a small group of challengers, launches its ES8 electric SUV in Oslo on Thursday - the first foray outside China for a company that is virtually u…
China-Pakistan
Pakistan, China Discuss Projects Under CPEC Phase-2
Officials of Pakistan and China on Thursday discussed various mega projects under the Phase-two of the multi-billion-dollar CPEC.
Energy Storage Technology
Bill Gates’ Breakthrough Energy Catalyst Program Gets Anchor Partner in ArcelorMittal
The $100 million equity investment is being made through the XCarb innovation fund across 5 years.
India
Adani Calls for Global Unity in Managing Climate Crisis
Billionaire industrialist Gautam Adani Tuesday called for implications of Covid-19 in India, the relevance of country's democratic system for doing business and…
Nuclear Policy
Illinois Energy Bill Becomes Law
The final version of the bill was passed by the Illinois Senate earlier this week.
Cooperation case
Uzbekistan, Turkmenistan Agree to Increase Trade Turnover to 1 bln USD
Uzbekistan and Turkmenistan have agreed to increase the trade turnover between the two neighboring countries to 1 billion U.S. dollars after the Uzbek-Turkmen i…
Nuclear Power Plant
Spain: Nuclear Energy Sector on War Footing with Government
Reason is a measure that aims at lowering bills
Solar Power Plant
France to Add 3.7GW of Solar Capacity with €5.7bn Aid
France is set to expand its portfolio of renewable energy capacity with an additional 3,700MW of solar energy using €5.7 billion in funding approved by the Eur…
Energy Investment
Algeria Aims for $2.6 billion Increase in Energy Investment Next Year
OPEC member Algeria plans to increase investment in its oil and gas sector by $2.6 billion next year to boost production by 8.9 million tonnes of oil equivalent
Energy Storage Material
Frost & Sullivan: Li-ion Battery Materials Market to Reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR
Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 billion by 2027 from $18.75 billion in 2020 at a 15.6% compound annu…
Nuclear Power Plant
China Makes Breakthrough in High-Level Radioactive Waste Disposal Technique, Achieves Milestone in Nuclear Industry Devt
Chinese experts believed that the technique could have been a better option for Japan to dispose the nuclear-contaminated Fukushima wastewater, but Japan "clear…
Energy Storage System
Energy Vault Valued at $1.1 Billion After Merger
Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.
Nuclear Power Plant
Illinois House Inches Closer to Saving Two Nuclear Plants
The Illinois House plans to consider an energy bill on Thursday, the House speaker said, that could prevent two Exelon Corp nuclear power plants from shutting i…
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