Ida

Electric Vehicle Battery

Mexico to Discuss Lithium, Auto Industry With U.S. Climate Envoy Kerry

Mexico will speak with U.S. climate envoy John Kerry about lithium, batteries and the automotive industry when Kerry visits the northwestern state of Sonora on …

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Net Zero Emission

U.S. EPA Begins Work to Set up $27 Bln Green Bank

The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities …

Carbon Emissions

Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans

Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…

Natural Gas

EU Leaders to Keep Studying Gas Price Caps

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho…

Tidal Energy

U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems

DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”

Solar Power Plant

Iberdrola Commits to up to €3BN in Investment in Australia

The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.

Tidal Energy

UK’s HydroWing Taps Tidal Energy Potential in Indonesia

UK-based tidal energy developer HydroWing has signed a Memorandum of Understanding (MoU) with state-owned company Indonesia Power to develop tidal energy projec…

Wave Energy

Giant, Megawatt-Scale Wave Energy Generator to Be Tested in Scotland

Irish company OceanEnergy has already tested its oscillating water column generators at significant scale in Hawaii, and it's just signed on to a four-year proj…

Japan

Japan's Chubu Elec to Invest in Canadian Geothermal Venture

Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal venture, Eavor Technologies Inc, as it mov…

Oil Refinery

CGT Union Shuns TotalEnergies Talks as French Petrol Crisis Drags On

The CGT union at the core of a weeks-long strike at oil major TotalEnergies slammed the door to talks on Friday, leaving more moderate unions to reach a wage de…

Crude Oil

Oil Slides as U.S. Crude and Gasoline Stocks Surge

Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…

OPEC

Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut

Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern …

Crude Oil

Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project

Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia…

India

India's Fuel Demand Slips to 10-Month Low in September

India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.