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Oil Price

Ukraine Speeds Global Rush to Self-Sufficiency

Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…

Coal Production

China to Keep Daily Coal Output at More than 12 mln Tonnes amid Global Price Surge

China will maintain daily coal output at more than 12 million tonnes and accelerate approvals for new coal mining projects to ensure sufficient supply.

Hydrogen Technology

8 Rivers Receives $100m Investment from SK to Deploy Clean Hydrogen Technologies in Asia-Pacific

A new partnership will see 8 Rivers and SK Group combine their knowledge to deploy clean hydrogen and zero-emissions power projects across major areas within As…

Oil Price

Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl

Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…

Carbon Emissions

Global Energy-Related Carbon Emissions Reach Highest Level Yet in 2021, IEA Says

Coal accounted for 40% of the carbon dioxide emissions last year.

Oil Price

No Need to Panic. Oil Prices Could Drop to $100 a Barrel in Two Weeks

The current oil surge wouldn’t last and prices are likely to drop to $100 per barrel within two weeks, Bharat Petroleum Corp (BPCL) chairman has said

Electric Car

Tesla Sold Fewer Cars in China in February

Tesla officially sold 56,515 Chinese made vehicles in February, according to new data from the China Passenger Car Association (CPCA) that was released on Tuesd…

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…

Hydrogen Fuel Cell Vehicle

China Puts 100 Hydrogen Fuel Cell Vehicles to Work in Order to Decarbonise Cold Chain Logistics

100 hydrogen fuel cell cold-chain logistic vehicles have officially been put into operation in Beijing, China, as the country looks to expand its hydrogen exper…

Net Zero Emission

Net Zero Technology Centre Opens New £10m Initiative Programme to Support Hydrogen Innovation

The UK’s Net Zero Technology Centre has launched its £10m ($13m) open innovation programme that is aiming to support zero-emission technologies with hydrogen …

Wind Farm

Renewable Power Capital 10-Year Wind Energy Deal with Gasum Builds Renewable Investment Momentum in Finland

Gasum has signed a ten-year power purchase agreement with Renewable Power Capital (RPC) to buy the majority of the output from the 44MW Rustari onshore wind far…

Offshore Wind Power

Marine Contractors to Support Three Japanese Offshore Wind Projects

Kajima Corporation and Van Oord have been selected as preferred balance of plant contractors for three Japanese offshore wind farms, with a total capacity of 1.…

Oil Price

Petrol, Diesel Price Hikes may Restart from Next Week

Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…

Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

Electric Car

U.S. Clean Energy Investments Topped $100b in 2021

A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.