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Oil Price
U.S. Sanctions on Russia not Targeting Energy Markets
Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.
Oil Price
Fuel Prices up for 8th Straight Week
Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.
Oil Price
Oil Rises as Russia-West Stand-off Alarms Tight Market
LONDON/HOUSTON (Reuters) -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil pr…
Pumped Storage
Construction Begins on 3.5GWh Gran Canaria Pumped Hydro Plant; Progress on 18GWh More PHES
Construction has started on a 3.5GWh pumped hydro plant in Gran Canaria, Spain, and progress has been made on two other projects totalling 18GWh of storage in m…
EV Technology
Shadowfax Tech Targets 75% of its Fleet in EVs by 2024; Full Electrification by 2026
By introducing this initiative, Shadowfax seeks to transform the industry and introduce a proactive measure to reduce carbon emissions, bringing a new approach …
Nuclear Reactor
Nuclear Power in Space Is Focus of IAEA and UN Events
Future space missions could have new options opened up by nuclear technology, experts attending an International Atomic Energy Agency event have said.
Hydrogen Technology
First Hydrogen Train in Japan to Hit the Rails for Test Run
The two car “Hybari” train -- a combination of hybrid and the Japanese word for a lark -- cost about 4 billion yen ($35 million) to develop and can travel up …
Solar Company
Strong Demand Outlook for Domestic Solar OEMs: ICRA
Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…
Net Zero Emission
HSBC Targets 34% Cut to Emissions from Oil and Gas Clients by 2030
HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank’s sustainability chief told Reuters, marking the …
Hydrogen Project
Green Hydrogen Platform Closes €200m Fund Raise
Green hydrogen investment platform Hy2gen has completed a €200m investment round.
Australia
Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance
The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.
Oil Price
Russia-Ukraine Tensions: Oil Prices Jump to an 8-yr High, What Does it Mean for India?
Ukraine Conflict: Australian PM Scott Morrison announced the Australian embassy in Kyiv is in the process of being completely evacuated ahead of a potential Rus…
Wave Energy
Wave Energy Nails Spot Among 68 New Projects Getting $175 Million Love Tap from ARPA-E
ARPA-E, the federal office charged with funneling cash into the advanced energy technology pipeline, has included a project in its latest round of funding that …
Crude Oil
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…
LNG
Shell Sees LNG Demand Climbing by 90% over Next 20 Years
Global liquefied natural gas demand is set to surge by 90 percent by 2040 compared to 2021 to exceed 700 million tons annually in two decades, as LNG and gas wi…
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