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Crude Oil
China Announces Total Amount of Non-state Crude Oil Imports Permitted for 2024
Non-state companies in China will be permitted to import a total of 243 million tonnes of crude oil in 2024, the same amount as is permitted this year, the Mini…
Thermal Plant
EDP Says Over 90% Of Power Output to Be Renewable in 2024 After Spain Deals
The share of EDP's (EDP.LS) electricity output from renewable sources will rise to more than 90% next year from 85% now, after a decision to close one coal-…
Electric Vehicles
Ford's EV Losses Continue Piling up in Q3 Amid Pricing Pressure, Uaw Strike
Ford’s third-quarter earnings, released Thursday, show growing EV losses as the automaker faces pricing pressure and slowing demand.Third-quarter earnings…
Electric Vehicles
BMW Group Logistik Successfully Tests Electric Semi-trailer in Various Scenarios From Real-World Logistics Operations
BMW Group Logistik, in collaboration with the technology innovator Trailer Dynamics, has successfully tested an electrically powered semi-trailer on various tra…
Wave Energy
SSAB and Corpower Ocean Team Up to Develop First Fossil-Free Steel for Wave Energy Technology.
Steel manufacturer SSAB and wave energy firm CorPower Ocean have joined forces to advance the development of fossil-free steel for use in wave energy technology…
Solar Technology
New MIT Design Captures 40 Percent More Solar Energy for Green Hydrogen Production
The system will be geared toward producing carbon-free H2 in a process powered entirely by the sun.MIT engineers have developed a new solar energy reactor syste…
Uranium Project
CNSC Renews Licences for Cameco Uranium Operations
The renewed licences authorise the company to continue to operate the Key Lake, McArthur River and Rabbit Lake sites. Rabbit Lake's renewed licence is valid…
Geothermal Power Project
Eavor Completes $182 Million Equity Round to Advance Closed-Loop Geothermal
Simplified diagram of the Eavor-Loop system (source: Eavor Geretsried)Eavor Technologies Inc. (Eavor) has announced the successful completion of $182 million in…
Solar Power Plant
182 MW Canadian Solar Portfolio Under Construction
(Courtesy: FLEXRACK)FLEXRACK by Qcells and Alltrade Industrial Contractors, a Canadian renewable EPC and construction services company, have partnered on a 182 …
Oil & Gas Trade
Chevron's Mega Oil Deal More Expensive Than Exxon's
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsExxon Mobil'…
LNG
Venture Global Lng Can Start New Units at Lng Plant, Says Ferc
The U.S. Federal Energy Regulatory Commission (FERC) on Thursday agreed to a revised commissioning plan for Venture Global LNG's Calcasieu Pass facility, al…
Carbon Capture
ABB and Imperial College Extend Carbon Capture Collaboration
A dedicated carbon capture pilot plant will continue to train the net-zero workforce, and engineers and scientists of the future, after ABB and Imperial College…
Electric Vehicle Battery
Hyundai Announces 99.9% Of Foundation Work Is Complete at Its First Us EV and Battery Plant
On the one-year anniversary of breaking ground on its first EV assembly and battery plant in the US, Hyundai announced significant progress at the site.Hyundai …
Hydrogen Production
Hanwha Aerospace and Katech's Hydrogen Collaboration
South Korea’s Hanwha Aerospace Co. has joined forces with the Korea Automotive Technology Institute (KATECH).This partnership, marked by a memorandum of u…
Energy Storage Project
UK Bess Project Premiums Fall by 15%
The share prices of the three big listed energy storage funds have fallen 40-50% since the start of the year. Image: Pixabay.UK battery energy storage system (B…
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