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EU
Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe
European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…
United States
Explainer: Why the U.S. Inflation Reduction Act Has Europe up in Arms
Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington's huge new green energy subsidy packag…
Crude Oil
Chevron to Ship First Venezuelan Oil to the U.S. By Year-End
Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December.
Electricity Transmission
White House Announces $13 Bln in Funding to Modernize Power Grids
The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…
Net Zero Emission
U.S. Aims for Zero-Emissions Heavy-Duty Vehicles by 2040
The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy s…
Mexico
Mexico's Pemex to Work With EPA to Bring Down Methane Emissions
Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especi…
Nuclear Power Plant
These Four U.S. Nuclear Plants Will Start Producing Clean Hydrogen
The U.S. Department of Energy (DOE) is partnering with utilities on four hydrogen demonstration projects at U.S. nuclear power plants.
Natural Gas
Natural Gas Prices Slide as Bearish News Continues to Mount
The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.
Crude Oil
EIA Cuts World Oil Demand Growth for 2023
The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…
United States
U.S. EPA Allowed Two-Week Extension to Issue Biofuel Blending Proposal
The U.S. Environmental Protection Agency (EPA) and a biofuels trade groups have agreed to extend by two weeks a deadline the agency has to issue a proposal on 2…
Electric Car
Inside the World’s First Affordable Solar-Powered Electric Vehicle: The $25,000 Sono Motors Sion
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a…
Electric Vehicle Battery
Hyundai Motor Considering Setting up Battery Joint Venture in the U.S.
Hyundai Motor Co. is considering establishing a joint venture battery plant in the United States.
Oil Shale
Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output
U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…
Electric Car
U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles
The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.
Ammonia
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast…
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