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OPEC

U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse

U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…

Offshore Wind Power

Massive Stellar Winds of Growth for Global Offshore Wind, New Analysis Finds

Offshore wind opportunities soar with 135GW of potential capacity available in leasing rounds, according to a report.

Electric Vehicle Battery

Robots and AI Could Optimize Lithium-Ion Batteries

New automated system could quickly find new battery chemistries much faster than with brute-force human testing.

Crude Oil

White House Leaves Door Open for Additional SPR Releases

The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…

India

Toyota Launches Pilot Project for Flex Fuel Vehicle in India

Toyota Motor Corp on Tuesday unveiled its flex fuel hybrid sedan in India, kicking off a pilot project in a market where the government is pushing automakers to…

World Bank Defends Climate Record in Meeting with NGOs

World Bank President David Malpass defended the institution's commitment to tackling climate change on Tuesday, telling civil society groups that have criticize…

United Kingdom

UK Moves to Cap Revenues of Low-Carbon Energy Producers

Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billion…

Oil Refinery

French Refinery Strikes Worsen as France Moves to Call Back Essential Workers

France said on Tuesday that it would requisition essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refiner…

Electric Vehicle Battery

Researchers Develop Lithium Battery with 40% More Energy Density

A Pohang University of Science & Technology research team succeeded in developing an anode-free lithium battery. The design maximized energy density and improve…

Israel

Israel and Lebanon Reach Historic Agreement That Unlocks Oil and Gas Reserves

Israel and Lebanon have reached a “historic” agreement to settle their long-running dispute over their maritime border.

Can Grid Expansion Keep up With Surge in Solar Power Generation?

Solar power generation to surge in the near to medium term.

Wind Farm

Nordex Received an Order for up to 137 MW Wind Farm in Poland

At the end of September, a subsidiary of Ignitis Group, Lithuania’s state energy holding company, commissioned the Nordex Group to supply 37 N117/3600 wind tur…

Electric Vehicle Charging

GM Is Launching a New Business to Connect Homes and Businesses With EV Chargers, Energy Storage

GM is starting a new business unit to offer electricity storage and management for homes and businesses.

Offshore Wind Power

Major Milestone for Japanese Offshore Wind Energy

Seajacks International recently completed the installation of all 33 wind turbines at the Akita and Noshiro offshore wind farm situated off Japan’s Akita Prefe…

Japan

Vena Energy , CDPQ Partner to Develop First Green Project Bond in Japan

It will finance a 35MW solar project.