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EV Market
EV Sales Jump Again as Petrol Prices and Supply Chains Take Toll on Fossil Car Market
Electric vehicle sales more than doubled in February, compared to last year, in yet another encouraging result for the market in the light of a supply crunch, d…
Electric Car
Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030
South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…
Hydrogen Fuel Cell Vehicle
Five Hydrogen Buses to Hit the Roads in Palma De Mallorca, Spain
Hydrogen buses will be hitting roads in Palma de Mallorca with Solaris revealing today (March 3) plans to establish the zero-emission buses on the Spanish city…
Oil Price
Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap
OPEC and its allies, including Russia, remain on track to approve a 400,000 b/d production hike for April, according to delegates, insisting that no oil supply …
Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Crude Oil
Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…
Nuclear Power Plant
Philippines Approves Revival of Nuclear Power to Help Replace Coal
Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing…
Europe Looks for Alternatives to Russian Energy
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…
Nuclear Power Plant
China Voices Concerns for Safety of Ukraine's Nuclear Facilities
China's Permanent Representative to the United Nations in Vienna Wang Qun on Wednesday expressed concern for the safety of nuclear facilities in Ukraine amid th…
Oil Price
IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman
The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Natural Gas
Michigan’s Average Gas Prices now $3.55 per Gallon, Experts See ‘Little to No Relief’ amid ‘Perfect Storm’
Michigan’s average gas prices continue to rise amid rising oil prices brought on by Russia’s invasion of Ukraine.
Oil & Gas Supply
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Australia
The Billionaire Attempting to Kill Australia’s Coal Industry
In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…
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