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Electric Car

Ford to Ramp up EV Offering in Europe, Plans Major Battery Facility in Turkey

Ford Europe’s chair, Stuart Rowley, says “electrification represents the most transformative change in our industry in over 100 years.”

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Crude Oil

Japan to Call on Middle East Oil Producers to Raise Output

Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …

Natural Gas

Turkey Could ‘Easily’ Transmit Israeli Gas Abroad

Israel's natural gas could be “easily” transmitted abroad via Turkey’s pipeline network, Energy and Natural Resources Minister Fatih Dönmez said on Saturday…

OPEC

Russia-Ukraine War: Develop Gas Infrastructure to Increase Export to Europe

The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to improve Nigeria’s gas infrastructure.

Oil Price

Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push

The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.

Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…

Crude Oil

Crude Prices Fall as Optimism Grows on Russia-Ukraine Peace Talk

Crude oil futures were lower in Asian trading March 14 as Russia-Ukraine peace talks continue even as attacks increase in western Ukraine near Poland.

Oil Price

Oil Declines as Iran, Russia and Fed Jostle for Limelight

Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompt…

Oil Pipeline

Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois

Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.

Hydrogen Production

Risen Energy to Supply 650W PV Modules to Sinopec’s 361MW Project

Risen Energy Co. will be supplying 210mm 650W photovoltaic modules to Sinopec’s 361-megawatt (MW) green hydrogen demonstration project.

Oil & Gas Trade

Iran Says US Has Failed to Stop Oil Exports

Iran said on Last Saturday that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject to sanctions imposed by its arch foe.

EV Technology

Interest in Electric Aircraft Grows as NASA Nears Test of X-57 Maxwell

NASA is planning its first crewed test flight of an all-electric plane, the X-57 Maxwell test aircraft, in the next few months as interest in electric aircraft …

Nuclear Power Plant

External Power Supply Restored at Chernobyl Plant, Ukraine Tells IAEA

External electricity supplies have been restored at Ukraine's Chernobyl nuclear power plant, four days after its disconnection from the power grid.

Natural Gas

U.S. Gasoline Prices Edge Lower After Hitting Record High Last Week

U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia's invasion of Ukraine.