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Crude Oil

National Daily Oil Output Totals 684,100 Barrels

Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.

Crude Oil

Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets

Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…

Crude Oil

Indian Purchase of Russian Oil not Violation of Sanctions: US

The White House has said that India would not be violating sanctions if it purchased discounted oil from Russia but doing so would put New Delhi on the wrong si…

LNG

Bangladesh to Get more LNG Supply in Summer

The world's leading LNG (liquefied natural gas) producer Qatargas has agreed to re-schedule its LNG cargo-delivery plan for Bangladesh to boost the fuel supplie…

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

Oil Price

Oil Jumps as Russia-Ukraine Talks Stall

Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …

Crude Oil

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…

China

China's Major Coal-Producing Region Embraces New Energy

North China's Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of t…

Wind Power Project

Germany Has Turned the Corner on Onshore Wind Energy

The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…

Hydropower Plant

China's Highest-Altitude Mega Hydropower Plant Fully Operational

With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest on…

Wind Power Project

GE, Ibredrola to Install Turbines for Onshore Wind Project in New South Wales

GE Renewable Energy and Iberdrola Australia entered an agreement to supply and install 38 wind turbines for the Flyers Creek project in New South Wales which wi…

Solar Company

Solar Supported EV Charging Firm EOS Linx in Tie-up with Retailers Cooperative in US

EOS Linx, a provider of solar-supported electric vehicle (EV) chargers with data-driven digital advertising displays, has announced a partnership with convenien…

Electric Car

Tesla Still Dominates US Electric Car Market, and It’s Not Even Close

New registration data show that Tesla is still dominating the US electric car market, and it’s not even close. Something is going to have to break for EV adopt…

Electric Car

Rising Costs Have Lucid CEO Eyeing Price Hike for Future Electric Cars

A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoElectric carmaker L…

Hydrogen Fuel Cell

Fukushima, Japan Shifts its Focus to Hydrogen Fuel and Robotics

The prefecture is taking on a new strategy as it moves away from nuclear and its tainted reputation.