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Oil Price

Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns

Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…

Energy Storage Battery

SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million

Leading Provider of Fuel Cell SystemsRanked First in the PRC Fuel Cell System MarketHONG KONG, Dec 29, 2022 - (ACN Newswire) - The leading provider of fuel cell…

Electric Car

Kia Gives Us a Closer Look at the EV9, Its First Electric SUV

Kia EV9 electric SUV Source: KiaKia is teasing its first electric SUV, the EV9, ahead of its 2023 debut. The three-row electric SUV first appeared as a concept …

Hydrogen Technology

World's First Hydrogen Train With a Speed of 160 Kilometers Per HourRolled Out in China

On December 28th, the world's first hydrogen-powered urban train with independent intellectual property rights, developed jointly byCRRC Changchun and Cheng…

Hydrogen Production

Hyzon Motors to Invests $10 Million to Develop Waste-to-Hydrogen Plant inRichmond,California

Hyzon Motors announced that its subsidiary, Hyzon Zero Carbon, has entered into an agreement with Chevron New Energies andRaven SR LLC to develop, build, operat…

Energy Storage Battery

Batteries and Beyond: Multi-Vector Energy Storage as a Tool to Decarbonise Energy Services

With the 2015 Paris Agreement pursuing efforts to limit global temperature increase to below 2 degrees Celsius above pre-industrial levels and the ‘energy…

Wind Farm

Neoen Inks 215-Mw Ppa for Queensland Wind Project

Wind farm. Author: Dirk Ingo Franke. License: Creative Commons, Attribution-ShareAlike 2.0 GenericFrench renewables company Neoen SA (EPA:NEOEN) today said it h…

Floating Solar Project

Akuo Clinches Funds for 19.3 Mwp of Floating Solar in France

Europe's largest floating solar system O'MEGA1. Image by: Akuo Energy.French renewable power producer and developer Akuo has recently closed financing f…

Geothermal Power Plant

Nevis Geothermal Venture Advances

Image: Jonathan Spencer JonesUS$17 million in financing has been approved by the Caribbean Development Bank for the geothermal energy project on Nevis.The finan…

Electricity Transmission

UK to Extend Its Energy Price Support Scheme to Non-domestic Customers

The sun sets behind an electricity pylon, as fog develops, near Petersfield, Britain, December 1, 2022. REUTERS/Toby MelvilleDec 29 (Reuters) - The UK will exte…

Oil & Gas Trade

Putin Bans Export of Russian Oil to Countries That Implement Price Cap

Moscow: President Vladimir Putin Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude o…

Offshore Wind Power

RWE Picks Blyth for Build-Out of One of the World’s Largest Offshore Wind Farms

RWE will locate its Offshore Construction Base at Port of Blyth, home to the UK’s first offshore wind turbines. Selection is latest in multi-ports strategy for…

Oil&Gas Drilling

IOG Sketches Well Plan for North Sea Gas Project

UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Sa…

Oil & Gas Supply

Turkey Announces Big Boost in Black Sea Gas Reserves

Upward projection could help Ankara realise its goal of becoming an energy hub for the regionScarabeo 9, a 115-metre-long, 78-metre-high Frigstad D90-type semi-…

Oil Price

Oil Reaches Three-Week High as China Relaxes COVID Limits

WASHINGTON, 27th December, 2022 (WAM) -- Oil touched a three-week-high Tuesday as China's latest relaxation of COVID-19 restrictions fueled prospects of a d…