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Electric Vehicles

BYD to Build New Energy Passenger Vehicle Factory in Hungary for Localized Production in Europe

BYD will build a manufacturing and production center in Szeged, Hungary. The facility will be the first of its kind built by a Chinese automotive company in Eur…

Oil & Gas Trade

First Output From Venezuela's Dragon Gas Field Expected in 2 Years -Trinidad

A natural gas project to be developed in Venezuelan waters by Shell (SHEL.L) and Trinidad and Tobago's state firm National Gas Company (NGCTT.UL) could achi…

Energy Storage Project

National Grid Turns Transmission-Connected 100MW BESS Live

The project. Image: National Grid / Sosteneo / Pacific GreeA 100MW BESS project developed and recently sold by Pacific Green has gone online at a National Grid …

Electric Vehicles

Lucid's (LCID) Answer to the Tesla Model Y, Model 3 Could Come Sooner Than Expected

An affordable Lucid (LCID) electric car? Lucid has already started developing its high-volume EV lineup, poised to rival the Tesla Model Y and Model 3.Lucid CEO…

Offshore Wind Power

Ørsted Takes Final Investment Decision on Hornsea 3 Offshore Wind Farm

Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW …

Electric Vehicles

Move Over Tesla: BYD Has Caught up and Is Expected to Take the Lead in Global BEV Market Share

As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from …

Electrolyzer

Topsoe Awarded €94M From the EU's Innovation Fund to Build 500 MW SOEC Factory

Topsoe has signed a grant agreement with EU’s Innovation Fund for a total of €94 million for the construction of the company’s first electrolyz…

Oil and Gas Equipment

China's Largest Gas Storage Facility Creates Daily Extraction Record

China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas produc…

Coal Production

Global Coal Demand Expected to Decline in Coming Years

After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency…

Solar Power Plant

KSTU Unveils First Rooftop Grid-Connected Solar Plant in Kyrgyzstan

The 80-kilowatt solar power installation was completed in September and will yield 143,037 kilowatt hours annually. This clean energy source will also reduce ca…

Coal Production

Global Coal Use at All-Time High in 2023 - IEA

Excavators push coal near the largest domestic electricity production facility REK Bitola, in Bitola, North Macedonia November 28, 2023. REUTERS/Ognen Teofilovs…

Nuclear Reactor

Feasibility Study for Korean Reactors at Borssele

Korea Hydro & Nuclear Power (KHNP) has been contracted to conduct a feasibility study into the construction of two Korean-supplied reactors at the Borssele nucl…

Oil&Gas Drilling

Norway Oil and Gas Investments Set to Soar in 2024, Industry Says

Equinor's flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsOil and gas companies operating in Norway are …

Microgrid

Indonesia, UAE Ink Agreement on Smart Grid Technology to Face Energy Transition

TEMPO.CO, Jakarta - PT Perusahaan Listrik Negara (PLN), or the national electricity company inked an MoU with Abu Dhabi national energy company TAQA to develop …

Natural Gas

Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana

Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the Internatio…