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Electric Car
Schneider Taking Delivery Of 92 Class 8 eCascadia Electric Trucks
Schneider, a premier multimodal provider of transportation, intermodal and logistics services, will soon begin taking delivery of 92 Class 8 battery-electric Fr…
Crude Oil
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h…
Nuclear Power Plant
India Announces Plans to Build More Nuclear Power Plants
The government has, in principle, given approval for five new locations for nuclear plants.
High Capital Cost for Renewables to Persist in 2023: Report
But its impact on prices and technology will vary amongst developers.
Carbon Emissions
Biden to Require New Federal Buildings to Slash Greenhouse Gas Emissions
The Biden administration on Wednesday unveiled a new building performance standard that would require federal agencies to slash energy use and electrify equipme…
Net Zero Emission
‘Airline Prices to Go Up in Net Zero Quest’
That’s according to the body that represents some of the world’s largest airlines
Oil Price
Oil Prices Drop to Below $80 for First Time Since January on Recession Fears
US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.
Electric Car
How Rising Battery Prices Could Derail Arrival of Affordable EVs
Surging costs of materials including cobalt, nickel and lithium are driving increase.
United Kingdom
Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge
The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…
Natural Gas
ICE Warns EU Gas Price Cap Could See Prices Rise
An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.
Energy Transition
G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources
The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…
France
Engie CEO Says France Fell Behind in Wind Power Rollout
France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tu…
Gas Turbine
GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines
GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Departme…
Energy Storage Project
KBR to Design Offshore Energy Storage for Crosswind
KBR has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Ene…
Electric Car
Prices of EVs Could Rise by 10% In 2024
That’s the warning from carmakers, after EU rules on manufacturing are set to change in two years.
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