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Crude Oil

EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials

The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…

Smart Grid

Duke Energy and AWS Partner up on Smart Grid Solutions

Duke Energy and Amazon Web Services (AWS), are entering a multiyear strategic collaboration to accelerate the utility’s development of smart grid solutions, in…

Net Zero Emission

U.S. Aims for Zero-Emissions Heavy-Duty Vehicles by 2040

The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy s…

LNG

LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033

LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.

Energy Transition

The Energy Transition Will Fail Unless Industry Fixes Wind Power Issues, Siemens Energy CEO Says

Siemens Energy says its “overall performance” has been “held back by the negative development at Siemens Gamesa Renewable Energy,” a wind turbine manufactur…

United States

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and …

Energy Storage Project

US Long-Duration Energy Storage Demos to Receive $350M Funding

Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.

Electric Car

GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December

BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…

Net Zero Emission

Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals

Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…

Crude Oil

Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head

Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…

Solar Materials

51% Of Global Jinkosolar Facilities Powered by Clean Energy

Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.

Hydrogen Project

Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27

Suez Canal Economic Zone finalises nine agreements with international companies.

Fish Friendly Hydro: Natel Energy Is Proving It’s Possible

Hydropower projects frequently face resistance from environmental groups for a variety of reasons. One of the more common objections to hydro is the high turbin…

Hydrogen Production

Inpex to Trial Blue Hydrogen and Ammonia Production in Japan

Japan's biggest oil and gas explorer, Inpex Corp, said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natur…