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Ears
Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
Wind Power Project
Germany Has Turned the Corner on Onshore Wind Energy
The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…
EV Market
Ontario Aims to Boost EV Industry as it Announces First Critical Minerals Strategy
As part of its five-year critical minerals strategy announced today, Ontario will invest C$24 million over three years in its Junior Exploration Program, half o…
Natural Gas
Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.
Coal Mine
Ohio Utility Says Two Coal Plants Could Close Next Year
An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously …
Coal Price
Coal Prices Rise to Record Levels on Russia Supply Fears.
Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.
Crude Oil
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
Crude Oil
Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…
Oil Field
Bohai Sea Oilfield Output Exceeds 500 Million Tons
The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has …
EU
EU Will Need Five Years to Ditch Russian Energy
Europe plans to phase out its dependency on Russian oil, gas and coal by 2027.
Rooftop PV System
Rooftop Solar Installations to Almost Double by 2025, Says Rystad
Rooftop solar photovoltaic (PV) installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025.
Electric Car
Ford to Ramp up EV Offering in Europe, Plans Major Battery Facility in Turkey
Ford Europe’s chair, Stuart Rowley, says “electrification represents the most transformative change in our industry in over 100 years.”
EV Technology
Interest in Electric Aircraft Grows as NASA Nears Test of X-57 Maxwell
NASA is planning its first crewed test flight of an all-electric plane, the X-57 Maxwell test aircraft, in the next few months as interest in electric aircraft …
Nuclear Power Plant
11 Years Later, Fate of Fukushima Nuclear Plant Cleanup Uncertain
Eleven years after the Fukushima Daiichi nuclear power plant was ravaged by a meltdown following a massive earthquake and tsunami, the plant now looks like a sp…
Electric Car
Tesla Reportedly Sees 100% Increase In Orders In Some Areas Of US
We predicted there would be a huge surge in EV sales as gas prices soar, and it appears to have already begun.
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