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Crude Oil
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t…
Electric Car
Hyundai Motor Group's EV sales volume tops 100,000 in U.S. in 8 years
SEOUL, Feb. 13 (Yonhap) -- The U.S. sales volume of electric vehicles (EVs) of South Korea's Hyundai Motor Group has surpassed the 100,000 mark on a cumulat…
Solar Company
SolarWinds to Host APJ Partner Summit Emphasizing Company’s Growing Focus on Channel Partners
Flagship event in Bangkok to feature keynote presentations from SolarWinds executive leadership team, product strategy sessions, and sales accreditation trainin…
Oil Price
Russia proposes caps on oil export discounts -draft law
Image used for illustrative purpose only. A view shows a local oil refinery in Omsk, Russia June 6, 2022. Picture taken June 6, 2022. REUTERS/Alexey Malgavko Im…
Oil Pipeline
USA EIA Reveals Latest Gasoline and Diesel Price Forecasts
The U.S. Energy Information Administration (EIA) has revealed its latest gasoline and diesel price forecasts for 2023 and 2024 in its February short term energy…
Market Analysis
North America Dominates the Global Shale Oil Market by Producing 50% Of the Total Market for Shale Oil; Learn About Market Drivers & Restraints.
The current market is growing at a moderate pace by registering a healthy CAGR during the foreseen time. The rising consumption of shale oil and growing end-use…
Tidal Energy
Nova Innovation Puts on Pause Its Tidal Energy Project in Wales
Tidal energy company Nova Innovation has decided to scale back its Enlli tidal energy project off the Llyn Peninsula, in Wales.Owing to a range of site-specific…
Solar Company
Baywa R.E. Enters Baltic Market and Acquires PV Wholesaler Proelektro in Latvia
BayWa r.e. has announced the acquisition of Riga-based, Latvia, photovoltaic (PV) wholesaler ProElektro to kickstart its growth strategy for its leading solar d…
Geothermal Power Plant
Kenya Gearing Up to Build 35-Mw Geothermal Power Plant at Menengai Steam Field
Kenya is readying to kick off construction of the 35-MW Menengai geothermal power project in Nakuru County as part of the first phase of the wider Menengai comp…
Energy Security
Centrus Competes Construction, Initial Testing of Haleu Demonstration Cascade
Marking a major milestone, Centrus Energy—a firm under contract with the U.S. Department of Energy (DOE) to demonstrate production of high-assay low-enriched u…
Biofuel
EIA: Densified Biomass Fuel Sales at 940,000 Tons in October
The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 940,000 tons of densified biomass fuel in Oc…
Electric Vehicle Battery
US Coast Guard Recommends Shippers Avoid Loading EVs With Saltwater-Damaged Li-Ion Batteries Onto Vessels
The US Coast Guard has issued a Marine Safety Alert (01-23) recommending that shippers avoid loading EVs with Li-ion batteries that have been damaged by saltwat…
Offshore Wind Power
MPS, JGC to Jointly Deliver Floating Wind Projects Offshore Japan
Marine Power Systems (MPS) and JGC Japan have signed a non-exclusive collaborative agreement to deliver floating offshore wind platforms at a commercial scale i…
Nuclear Power Plant
Russia and Myanmar sign Intergovernmental Agreement on nuclear energy cooperation
On February 6, in Yangon (Myanmar), Rosatom Director General Alexey Likhachev and the Union Minister for Science and Technology Dr. Myo Thein Kyaw signed the In…
Energy Storage Battery
Southeast Asia’s Largest Battery Goes Online
Sembcorp Industries has connected a 285 MWh battery storage system to the grid on Jurong Island, Singapore. It is reportedly Southeast Asia’s largest energy st…
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