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Oil Price
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…
Offshore Wind Power
Morocco’s Natural Resources Offer it Great Potential to Emerge as a Global Leader in Wind Energy
Morocco’s thriving offshore wind energy market has put the North African kingdom on the list of countries with the potential to emerge quickly as global leader…
Natural Gas
Gas Prices Decline Around Nation Amid Falling Oil Prices
Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invas…
Electric Car
BMW Aims to Sell over 2 Million Electric Vehicles by the End of 2025
BMW announced that it is ramping up its e-mobility targets, “confirmed by the success of its all-electric models to date”.
Wind Turbine
GE's Produces World's Largest Recyclable Wind Turbine Blade
Through its massive wind turbines and innovative offshore designs, GE continues sharpening its toolkit in a bid to built the future of sustainable energy, and a…
Oil Price
Oil Climbs on Pressure From Ukraine Conflict, Tight Market
Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…
Nuclear Power Plant
Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
LNG
Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …
Australia
Australia Bans Alumina Exports to Russia, Sources Coal for Ukraine
Australia has imposed an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia.
Nuclear Reactor
Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…
Crude Oil
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
China
China's Major Coal-Producing Region Embraces New Energy
North China's Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of t…
Electric Car
Rising Costs Have Lucid CEO Eyeing Price Hike for Future Electric Cars
A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoElectric carmaker L…
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