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Oil Price

Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices edged up to a two-week high on Tuesday as sanctions rais…

Electricity Transmission

US Power Use to Reach Record Highs in 2025 and 2026, EIA Says

Wind turbines operate at sunrise in the Permian Basin oil and natural gas production area in Big Spring, Texas, U.S., February 12, 2019.U.S. power consumption w…

Oil Field

New U.S. Metals Tariffs to Drive up Oilfield Equipment Costs, Championx Exec Says

Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019.ChampionX (CHX.O), expects new U.S. import tariffs on steel and aluminium to drive up e…

Hydrogen Fuel Vehicle

Solaris Delivers First Hydrogen Buses to Bologna

SolarisSolaris Bus & Coach has delivered the first of 137 ordered hydrogen buses to Bologna and Ferrara, Italy. This marks the initial phase of a large-scale or…

Oil Field

Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin

Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the…

Solar Cell

Waaree Commissions First Phase of 5.4 GW Solar Cell Factory

Waaree Energies has begun commercial production at its 1.4 GW mono passivated emitter rear cell (PERC) solar cell line in Chikhli, Gujarat. It is the first phas…

Hydropower Plant

Output of Romania’s Hidroelectrica’s Down 21% Y/Y in 2024

State-controlled hydropower group Hidroelectrica (BVB: H2O) announced that its net electricity production dropped by 21% y/y to 13,864 GWh in 2024, according to…

Nuclear Power Plant (NPP)

Eletronuclear Cost-Savings, Plans for Angra 3 Operation in 2031

Angra 3 is currently about 65% completeBrazil's nuclear power plant operator Eletronuclear has announced cost-saving measures which it says are aimed at imp…

Nuclear Power Plant (NPP)

South Korea Increases Support for Domestic Nuclear Industry

An artistic impression of Shin Hanul 3 and 4The Ministry of Trade, Industry and Energy has announced KRW150 billion (USD103 million) of financial support this y…

Electric Vehicles

JAC Group Sees 35.59% Mom Surge in Jan. 2025 Auto Sales

JAC Group announced its January 2025 sales report on February 10, revealing a total sales volume of 35,560 vehicles, which surged 35.59% month over month but dr…

Gas power plant

Sineng Electric Facilitates the Integration of 1GW Solar Farm With Gas-Fired Power Station in China

The pioneering 1GW solar PV project integrated with a gas-fired power station in Qinghai, China, has been successfully connected to the grid. This milestone sig…

Offshore Wind Power

Aker Solutions Wins Contract for BalWin1 Offshore Wind Grid Connection Project

Aker Solutions to supply steel substructure for Germany’s BalWin1 offshore wind grid connection.Aker Solutions has secured a contract from Dragados Offsho…

Biofuel

Neste and DHL Group to Tighten Collaboration to Reduce Logistics Emissions

Fueling of a DHL aircraft.To further strengthen their collaboration on reducing emissions in logistics, DHL Group and Neste have agreed to jointly evaluate how …

Oil Refinery

Dangote Refinery to Operate at 100% by March

Dangote Oil refinery, currently operating at 85 per cent capacity is expected to go 100 per cent in 30 days.The 650,000-barrel-per-day refinery began processing…

Electric Vehicles

Simple Energy Unveils Upgraded Electric Scooter, Seeks Aggressive Expansion

Simple One’s upgraded version will have a real-world range of 180-190 km on a single chargeElectric vehicle (EV) startup Simple Energy seeks a ten-fold gr…