Erg

Biofuel

VEGOILS-Palm Falls Over 3% After News of Smaller-Than-Expected US Biofuel Mandate

Malaysian palm oil futures fell more than 3% on Wednesday following news of a U.S. plan to implement a smaller biofuel mandate than it had initially proposed.Th…

Electric Vehicles

Hyundai Raises Annual EV Sales Goal to Two Million by 2030

Hyundai Motor aims to sell two million electric vehicles a year by 2030, accounting for 34 percent of its sales compared to 8 percent this year AFP NEWSHyundai …

Australia

OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project

OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…

Energy Saving

Northern Landlords Call For £6BN per Year Commitment to Home Energy Efficiency

A membership body of northern landlords is calling on both the government and opposition parties to commit to a £6bn a year investment in home energy effi…

Oil Exploration

Italy's Eni Nears $5BN Deal for Neptune Energy

Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar wit…

Oil & Gas Supply

Suriname President Santokhi Wants His Country to Be Among Top Oil-Producing Countries

ARAMARIBO, Suriname, Jun 20, CMC — The third edition of the Suriname Energy, Oil and Gas Summit (SEOGS) has started here with President Chandrikapersad "Chan" …

Electric Vehicle Battery

Utilizing Electron Spin for Faster Charging, Higher Capacity Batteries

Charging an electric vehicle usually takes about 10 hours or longer, and even with fast-charging methods, it takes at least 30 minutes. That is assuming there i…

Floating Offshore Wind

Equinor Unveils Floater Specifics for Utsira Nord Project, Partners With Wergeland for Floating Wind Foundation Production

Equinor has entered into a long-term partnership agreement with Wergeland Group as the preferred supplier for the fabrication of foundations and the assembly of…

Offshore Wind Power

Iberdrola Will Supply Offshore Wind Energy to the German Steel Company SHS

Iberdrola Deutschland and SHS – Stahl Holding Saar GmbH & Co. KGaA conclude 15-year power supply agreement (PPA)Around 50 MW from the Baltic Eagle offshor…

Nuclear Power Plant (NPP)

$3.48bn C-5 Nuclear Power Project: PM Shehbaz Witnesses Pak-China MoU Signing

Wang Yongge, President of China National Nuclear Corporation Overseas Ltd (CNOS) and Muhammad Saeed Ur Rehman, Member Power, Pakistan Atomic Energy Commission (…

Solar Panel

Sunova Solar Releases 605 W Topcon Solar Panel with 22.9% Efficiency

Sunova Solar is offering five versions of its new bifacial dual glass solar panels, with power outputs ranging from 585 W to 605 W and efficiencies of 22.1% to …

Hydrogen Storage

Finland's Energy Companies Unite to Develop Industrial Hydrogen Valley

Neste Corporation, Gasgrid Finland, Helen and Vantaa Energy have joined forces and started preliminary studies on the development of an industrial hydrogen vall…

Oil&Gas Drilling

Woodside Sanctions $7.2 Billion Deepwater Oil Project

Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…

Electric Vehicles

Ford Chairman Says Us Cannot Compete with China in EV Production Yet

Ford Motor Company Executive Chairman Bill Ford said the United States cannot compete with China in the production of electric vehicles yet.In an interview with…

Floating Solar

Hydro Joins Renewable Energy Project Offshore Malaysia

Hydro has signed a letter of intent with SolarDuck, an offshore floating solar energy technology developer, and subsidiaries of the Malaysian electricity utilit…