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EV Market

Tesla Becomes The Most Valuable U.S. Automaker Ever with An $84bn Valuation

Electric vehicle manufacturer Tesla delivered more cars than investors expected in the last quarter of 2019, raising its market capitalisation to more than $84 …

Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations

Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its o…

McGowan Government Allocates $1.68m for Western Australian Hydrogen Studies

The McGowan Government today said it is allocating $1.68m to fund seven renewable hydrogen feasibility studies across Western Australia.

Electricity Transmission

Maine Invests $1 Billion in Transmission Lines to Bring Canadian Hydropower to the New England grid

The state agency that handles zoning in Maine’s unregulated territories gave its approval Wednesday to a proposed $1 billion transmission line aimed at bringin…

Oil Price

Oil Prices Plunge after Trump Downplays Iran Attack

Oil prices plunged on Wednesday, reversing the spike in overnight trading after U.S. President Donald Trump downplayed Iran's missile attack against U.S. forces…

Coal Mine

India Eased Mining Laws to Attract Foreign Players In Coal Sector

India's cabinet has eased mining laws in a bid to attract foreign players to the domestic coal sector and reduce imports of the fuel, coal minister Pralhad Josh…

Danish Technological Institute Developing Air-to-Water Heat Pumps with R290

The objectives of the project is to create heat pumps with an energy efficiency 5-10% higher than that of current HFC heat pumps. This result would have the bes…

ELGi Equipments’HRS Enables Recovery of up to 96 Percent Wasted Energy

Elgi Equipments, one of the world’s leading air-compressor manufacturers, has witnessed the wide adoption of the ELGi Heat Recovery System (HRS), a solution fo…

Offshore Wind Power

Dominion’s Planned US Offshore Wind Project Could be World’s Largest

Siemens Gamesa Renewable Energy (SGRE) said that Dominion Energy named it the preferred supplier for what could be the largest offshore wind farm in the world.

Scottish Government Launched A Consultation on New Energy Efficiency Standard for Homes

The proposed standard will be legally binding and will come into effect from 2024, with the aim of reducing fuel poverty in Scotland and ameliorating the effect…

10 Tantalizing Tech Milestones to Look for in 2020

Controlled nuclear fusion has been the object of many a failed quest over the past 60 years. Though it could go far to solve the world’s energy needs, the tech…

Electric Car

Tesla Delivers First Made-in-China Model 3 to Customers

China is the biggest global market for electrics, but Tesla's manufacturing launch comes at a time when sales are sagging following the end of government subsid…

Apache Shares Jump 27% on Major Discovery in Suriname with Total

Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apach…

Oil&Gas Drilling

Talos Targeting 2023 for First Oil from Zama Offshore Mexico

Talos Energy has detailed results of Netherland Sewell’s (NSAI) contingent resource evaluation of the Zama oil discovery in block 7 offshore Mexico.

Oil & Gas Trade

Russia Begins TurkStream Gas Flows to Greece, North Macedonia

Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria’s Bulgartransgaz said on Sunday, as Moscow looks to reduce s…