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United States
Energy Major BP Aims to Double Convenience Earnings by 2030
Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.
Electric Car
Maserati Goes all Electric
Maserati has announced it is ready to unveil its Folgore Gran Turismo, the first car in the Italian luxury car brand’s history to be powered entirely by batter…
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 …
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…
Electric Car
BMW CEO Hopes 50% of Their Vehicles Will Be Electric by 2030
BMW CEO Oliver Zipse tells CNN's Julia Chatterly that the company will continue to increase electric vehicle output despite rising costs of materials.
Hydrogen Fuel Cell
Clean Energy Superstar or Smokescreen for Fossil Fuel Use? Here’s What You Need to Know About Hydrogen.
Hydrogen, the lightest and most abundant gas in the universe, is increasingly being used as a fuel.
Nuclear Reactor
Eight of 15 Ukrainian Reactors Remain in Operation After Three Weeks of War
Ukraine’s nuclear regulator informed the International Atomic Energy Agency (IAEA) on March 16 that eight of the country’s 15 nuclear reactors were in operati…
Oil & Gas Supply
US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA
The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th…
Natural Gas
Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia
Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …
SMR
Ukraine, Climate, SMRs: EU and IAEA Nuclear Talks
The eighth European Union-International Atomic Energy Agency (IAEA) Senior Officials Meeting discussed opportunities to deepen cooperation in a range of areas, …
Coal Mine
US Coal Exports Increase 23% Between 2020 and 2021
According to the US Energy Information Administration (EIA), in 2021, coal exports from the US increased by 23% to 85 million short t from 69 million short t in…
Natural Gas
Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.
Ireland
Summer Energy Prices in Ireland to Remain Above Seasonal Average Until 2029
Research from Cornwall Insight has shown that gas prices across both Northern Ireland and the Republic of Ireland will vary significantly between the seasons, w…
Wind Turbine
Vestas Secures EnVentus Order in Portugal
Vestas has received a 42 MW order for several wind parks in Portugal.
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