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Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
Crude Oil
U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade
The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA
Nuclear Power Plant
First Hunterston B Reactor Enters Retirement
Hunterston B Reactor 3 - a 490 MWe advanced gas-cooled reactor - was taken offline for the final time at midday on 26 November, marking the end of 46 years of o…
Oil Price
Biden’s Blunder Could Send Oil Prices To $100
Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar
Electric Car
Nissan to Spend $17.6 billion Over 5 Years in Electrification Push
Nissan Motor Co announced it will spend 2 trillion yen over the next five years to accelerate vehicle electrification, betting tighter carbon emission restricti…
Germany
German Coalition Targets Earlier Coal Exit
Germany hopes to bring forward its coal phase-out by eight years to 2030, boosting renewables' share of the generation mix to 80pc.
Nuclear Reactor
NASA Reveals Bold Plan to Put a Nuclear Reactor on The Moon Within 10 Years
The Moon awaits. After long decades in which no human being set foot on the lunar surface, we are heading back. And quite soon.
Electric Car
Ford Doubles Its Global EV Projection To 600,000 Within 2 Years
“The demand is so much higher than we expected.”
Oil Field
Ecuador Clears Repsol to Sell Oil Blocks to New Stratus
Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.
Power Construction
Chinese Electric Firm Contributes to Power Infrastructure Construction in Maldives
Dongfang Electric International Corporation has been playing a key role in power infrastructure construction in Maldives in recent years.
Solar Power Plant
Solar Farm in Desert Restores Ecosystem, Boosts Green Economy
Once totally barren and called the "sea of death," China's 7th largest desert Kubuqi takes on a new look after years of green efforts.
Electric Car
Amount Of EVs In US Has Risen From 16k To 2 Million In 10 Years
A staggering rise in EV uptake has occurred since 2011, largely thanks to Tesla.
Hydrogen Fuel Cell Vehicle
China's Zhejiang to Develop Hydrogen Fuel-Cell Vehicles
East China's Zhejiang province will accelerate development of hydrogen fuel-cell vehicles in the next five years, according to a development plan issued by the …
Oil Price
Oil Prices Plunge into Close, Roiled by Inflation Fears
Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs …
Russian Federation
Russian Oil And Gas Discoveries Plunge To Five-Year Low
Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expend…
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