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Oil Price
Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl
Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…
Oil Price
No Need to Panic. Oil Prices Could Drop to $100 a Barrel in Two Weeks
The current oil surge wouldn’t last and prices are likely to drop to $100 per barrel within two weeks, Bharat Petroleum Corp (BPCL) chairman has said
SINOPEC
Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration
World’s largest oil exporting company aims to expand its operations in China.
Nuclear Power Plant
U.S. Ban on Russian Energy Imports Does Not Include Uranium
U.S. President Joe Biden's ban on American imports of Russian oil and other energy products, announced on Tuesday, does not include a ban on imports of uranium …
Natural Gas
US Off-Target to Reach Biden Decarbonisation Goals Despite Wind and Solar Boom
Despite rapid growth of renewables plant construction across America, nation will still be relying on coal and natural gas for 44% of power generation in 2050, …
Nuclear Power Plant
IAEA Reports Second Ukraine Nuclear Facility Damaged
The International Atomic Energy Agency said Monday it has received reports of artillery shells damaging a nuclear research facility in Ukraine's besieged second…
Electric Car
Tesla Sold Fewer Cars in China in February
Tesla officially sold 56,515 Chinese made vehicles in February, according to new data from the China Passenger Car Association (CPCA) that was released on Tuesd…
Natural Gas
How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year
The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…
Nuclear Reactor
Indian Test Reactor Reaches Operation Landmark
India's fast breeder test reactor (FBTR) has reached its full 40 MWt design power level for the first time, more than 35 years since it first started operating.…
Crude Oil
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Electric Vehicle Battery
Aston Martin Inks Deal to Develop EV Batteries with UK Start-Up Britishvolt
Aston Martin is to work with Britishvolt on the development of “high performance battery cell technology,” as the carmaker gears up to launch a battery-electr…
Nuclear Power Plant
Ukraine Regulator's Concerns Over Nuclear Sites
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has expressed growing concerns about the situation at Chernobyl and at Zaporozhe, where Ukrainian n…
Hydrogen Production
Low-Carbon Hydrogen Production to Be Explored in Egypt
Egypt could be set to grow its hydrogen economy with the revealing on March 7 of a memorandum of understanding (MoU) to assess low-carbon hydrogen production in…
Hydrogen Fuel Cell Vehicle
China Puts 100 Hydrogen Fuel Cell Vehicles to Work in Order to Decarbonise Cold Chain Logistics
100 hydrogen fuel cell cold-chain logistic vehicles have officially been put into operation in Beijing, China, as the country looks to expand its hydrogen exper…
Hydrogen Storage
RWE to Develop Brand New German Hydrogen Storage Facility by 2027
A brand-new initiative is set to be developed in Gronau, Germany, as RWE Gas Storage West looks to develop a hydrogen storage facility by 2027.
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