Ess

Crude Oil

Norway’s Equinor Not Entering Any New Trades for Russian Oil

Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …

The Perfect Energy Source Is Already Here – Endless Geothermal Is Poised for Release From Deep in the Earth

A virtually limitless supply of energy exists in the form of this supercritical fluid snaking its way through the crust and mantle of the planet, and just 0.01%…

Offshore Wind Power

ScottishPower and Shell Confirm Offshore Wind Funding

ScotWind partners ScottishPower and Shell are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore w…

Electric Car

Ford Plans Seven Electric Models in Europe by 2024

Ford has created a new global business unit – Ford Model e – focused on the design, production, and distribution of electric and connected vehiclesAutomotive …

Energy Transition

Eni Sells 49% of Its Business Enipower

Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.

Crude Oil

Brent Crude Down Almost 6% but Still Above US$100 a Barrel

Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…

Oil Exploration

Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp

Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…

Crude Oil

China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020

China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…

Offshore Wind Power

GE Exec Expects Rebound for Renewables

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

Solar Power Panel

Tesla is Increasing Solar Prices as Supply Chain Costs are Rising

After achieving the best prices in the solar industry, Tesla has significantly increased solar panel installation prices as supply chain costs are causing press…

Joe Biden

A Question for President Biden on Oil and Gas

Here’s something to ask him at his next press event.

Energy Transition

The European Commissioner for Energy Backs Geothermal to Bolster EU Energy Security

The EU’s Commissioner for Energy, Kadri Simson, called on Europe to “harness geothermal energy’s potential.

EV Market

Musk Says Tesla, SpaceX Facing Significant Inflation Risks

March 13 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Sunday the U.S. electric carmaker and his rocket company SpaceX are facing sig…

Hydropower Plant

What’s Next for Argentina’s Hydroelectric Power Concessions?

The federal government of Argentina will conduct a comprehensive survey of a portfolio of 21 hydroelectric power stations that have concessions scheduled to exp…