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EV Market

Soaring Lithium Prices Become Major Headache For EV Makers

With lithium prices already trading at a record high in Asia, there is no sign that the rally in this much-sought-after commodity will come to an end this year

Wind Farm

Salt River Project Announces Wind Farm to be Developed North of Flagstaff

Salt River Project announced Thursday a wind farm will be developed north of Flagstaff that will produce enough energy to power about 40,000 homes.

Energy Investment

Econergy Completes Acquisition of Swangate Energy Storage

European renewable energy project developer and operator, Econergy Renewable Energy, has successfully acquired a 100% share of Swangate Energy Storage Ltd, a 50…

Thermal Coal

Tightness Limits North American Met Coal Exports

Supply setbacks weighed on US and Canadian coking coal exports in November, while historically high prices throughout October and early November gave mining fir…

Carbon Emissions

CO2 Plans could Drive up EU Fuel Oil Exports

EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…

Geothermal Power Plant

DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells

The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.

Solar Power Plant

Columboola Project Successfully Connects 162MW of PV to Australian Grid

The 162MW Columboola Solar Farm in the Western Downs region of Queensland, Australia, has been successfully connected to the transmission network.

Nuclear Power Plant

Saudi Arabia to Develop Nuclear Power Programme

Saudi Arabia aims to take advantage of its uranium resources to develop its nuclear power program

Crude Oil

OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says

OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…

Oil Price

Oil Prices Inch Higher Despite Large Gasoline Build

Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …

Nuclear Power Plant

Applications Made to Build El Dabaa Units 3 and 4

Egypt's El Dabaa nuclear power project has moved forward with the application for construction licences for units 3 and 4.

Electric Vehicle Battery

Scientists Develop A Novel Strategy For Sustainable Sodium & Potassium Batteries

Scientists astounded by performance of sustainable batteries with far-reaching implications for electric vehicles and devices.

Crude Oil

Several Asian Refiners to Receive Full Saudi Crude Allocation in February

Saudi Aramco has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, same as January, sources with knowle…

Kazakhstan

Kazatomprom Says Operations 'Normal' Despite Unrest

Kazatomprom's offices, production facilities and mines have not been impacted by civil unrest that began in the country on 2 January and are operating normally.…

Electric Vehicle Battery

Veolia Announces Its First EV Battery Recycling Plant in UK

Veolia, the UK’s leading resource management company, has announced its first electric vehicle battery recycling facility in the UK, which will have the capaci…