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The com
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.
Airbus Taps Delta in Drive to Develop Hydrogen-Powered Plane
Carrier Delta Air Lines Inc (DAL.N) will help planemaker Airbus (AIR.PA) in its effort to develop a hydrogen-powered passenger airplane, the companies said on T…
Oil&Gas Drilling
Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t…
Net Zero Emission
Honda to Test Fuel Cell Power Station at California Site
Honda will begin testing its zero-emissions fuel cell power station at its corporate campus in Torrance, California in early 2023, the company announced.
Hydrogen Fuel Cell
Adani, Ballard Ink MoU for Hydrogen Fuel Cells Commercialisation in India
Adani Group and Ballard Power Systems entered a non-binding memorandum of understanding (MoU) last month to evaluate the commercialisation of hydrogen fuel cell…
Offshore Wind Power
GE Exec Expects Rebound for Renewables
The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…
Oil Price
Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri
Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…
Coal Company
MCL Becomes the Largest Coal Producing Company in India
On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…
Net Zero Emission
Shell Directors May Face Lawsuit over Climate Transition Plans
Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.
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 …
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…
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.
Gas Turbine
GE Turbines Will Power New 2-GW Gas-Fired Plant in China
A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H…
Energy Transition
Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables
Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…
Oil Shale
U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal
U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.
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