Ces

Electric Car

Electric Vehicle Prices to be Halved by 2025

The South Korean government has decided to lower the price of an electric vehicle by at least 10 million won by 2025.

Oil Price

Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze

Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…

Crude Oil

Oil Drops as Investors Gauge Big Chill Impact on US Refineries

US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.

Natural Gas

Texas Energy Regulator Extends Gas Prioritization

State energy regulator Texas Railroad Commission late yesterday extended orders prioritizing natural gas for power generation, residences and hospitals and lowe…

Energy Security

Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas

Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…

Hydrogen Fuel Cell

Indian Oil Signs Pact with Greenstat Norway for Hydrogen Fuel

In the Union Budget for 2021-22, the government pledged to focus on generating hydrogen from green power sources as well as build more diverse and efficient ene…

Energy Security

Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm

The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including highe…

Carbon Emissions

Skies of blue: Recycling Carbon Emissions to Useful Chemicals and Reducing Global Warming

Researchers optimize a novel process for the efficient conversion of carbon emissions into useful chemicals like acetate using microbes

Crude Oil

Oil Prices Jump Above $61 On Major Crude Draw

Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t…

Crude Oil

US Crude Output Down Sharply on Storm

Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi…

Thermal Plant

Construction of $600m Power Plant in Indonesia Resumes

The pandemic has halted the construction process.

Crude Oil

India Urges OPEC+ to Ease Production Cuts

"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati…

United States

Renewables on Track to Exceed 30% of U.S. Capacity by 2025

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission, renewable energy sources strongly dominated new…

Solar Power Plant

SunBrush® Mobil and Infinity Establish Service Base at Benban, Africa's Largest Solar Park

From now on, four Infinity employees will maintain and repair the 24 SunBrush® mobil Compact cleaning devices currently in use at the 1.65 GWp Benban Solar Par…

Energy Investment

New Brunswick Announces Funds for SMR Development

New Brunswick Premier Blaine Higgs has announced a further CAD20 million of funding towards the next phase of small modular reactor development in the province.