Bid

Energy Taxation

Biden, Pushing Tax Breaks for Electric Vehicles, to Visit GM Factory

U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives …

Oil Refinery

CITIC Construction Wins bid Worth 5.7 bln USD in Iraq

CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Proje…

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 …

Hydrogen Project

HYPHEN to Implement Green Hydrogen Project in Namibia

The Namibian government has issued a notice of award stating its intention to appoint HYPHEN Hydrogen Energy as preferred bidder to develop the country’s first…

Floating Offshore Wind

Aker Offshore Wind, Ocean Winds, and Statkraft Collaborate on Floating Offshore Wind

Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated in…

Natural Gas

Biden Admin Considering Shutting Down Another Pipeline, Drawing Criticism and Dire Warnings As Winter Nears

The Biden administration's energy policies have drawn criticism as gas prices surge heading into the winter months

Crude Oil

Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says

U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…

Natural Gas

South Korea Cuts Price of Domestic Natural Gas for Hydrogen Production by 25%

South Korea has cut the domestic price of natural gas used to make hydrogen by 25% to help lower hydrogen production costs in a bid to boost hydrogen consumptio…

Crude Oil

OPEC Rejects Biden’s Call for More Oil

OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…

Energy Investment

Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments

President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.

Joe Biden

Biden Likely To Arrive Empty-Handed At COP26 Climate Summit

COP26 begins on Sunday in Glasgow

Hydrogen Project

Dubai’s DEWA Invites Bids to Develop Strategy on Green Hydrogen

The objective is to develop the green mobility sector, and reduce carbon emissions from various industries, as well as generating electrical and thermal energy,…

Nuclear Policy

Nine EU Partners Reject French-led Electricity Reforms

Nine EU states, including Germany, on Monday rejected a French-led bid to reform Europe's wholesale energy markets as prices soar.

Electric Vehicle Battery

POSCO Chemical to Supply Materials to Norwegian EV battery Maker

POSCO Chemical Co., a unit of South Korea's steel giant POSCO, said Monday it has signed a deal with a Norwegian electric vehicle (EV) battery maker on developm…

Substation

Aker to Develop Scotland’s First Offshore Wind Underwater Substation

Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms.