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Oil & Gas Trade

India Hikes Windfall Tax on Petroleum Crude

The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to …

Oil&Gas Drilling

US Drillers Add Most Oil and Gas Rigs in a Week Since September - Baker Hughes

Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/Dav…

Oil Exploration

Exxon-Led Group Strikes New Oil and Gas Discovery off Guyana

ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil (XOM.N), o…

Oil Price

Oil Prices Dip, but Set for Weekly Gain of Over 3%

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…

Electric Vehicles

Honda, Nissan Form EV Partnership to Compete With Chinese Brands

The illuminated Nissan Motor Co. logo atop the company's global headquarters at dusk in Yokohama, Japan, on Wednesday, Nov. 9, 2022. Nissan raised its profi…

Energy Storage Project

Indigrid to Develop 180 MW Battery Energy Storage System in Gujarat

Harsh Shah, Chief Executive Officer, IndiGridIndiGrid has announced that it received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam (GUVNL) to Design,…

Ammonia

Fortescue Conducts World’s First Ammonia Bunker Trial in Singapore

Fortescue (FMG.AX), opens new tab has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime an…

Solar Power Plant

JSW Energy Bags 300 MW Solar Project From Guvnl

JSW Neo Energy, a wholly owned subsidiary of JSW Energy received a letter of intent (LoI) for grid connected solar capacity of 300 MW from Gujarat Urja Vikas Ni…

Hydrogen Production

DOE Awarding $750M to Support Hydrogen Industry; 52 Projects Across 24 States

The US Department of Energy (DOE) announced $750 million for 52 projects across 24 states to reduce the cost of clean hydrogen and reinforce US global leadershi…

Hydropower Plant

Hydropower Investment Opportunities Remain Vastly Untapped in Us, Says New Report

As the world shifts towards cleaner energy solutions, the spotlight often falls on technologies like solar power. However, amidst this transition, there remains…

Pumped Storage

Hungary to Launch Test Drilling for First Pumped Storage Plant

Hungary is set to commence test drillings for the construction of the nation's inaugural domestic pumped energy storage facility.With the first phase poised…

Hydrogen Fuel Stations

Planned Hydrogen Station in Edmonton Cancelled, at Least for Now

The Albertan city hit the pause button on building the station.Edmonton, a city in the Canadian province of Alberta, had plans to build a hydrogen station in it…

Hydrogen Fuel Vehicle

GM Pilot Program Focuses on Hydrogen Fuel Cells to Power Worksites

H2 is gaining an increasing spotlight as General Motors moves forward with clean energyGeneral Motors’ (GM) electrification strategy is increasingly focus…

Nuclear Power Plant (NPP)

First Concrete Poured at Leningrad 7

The concreting of the 2100-square-metre foundation slab for the new VVER-1200 unit has begun, with those attending the occasion told the additional Leningrad nu…

Nuclear Fusion

Germany Aims to Build Fusion Power Plant

A new funding programme for nuclear fusion research has been announced by Germany's Federal Research Minister Bettina Stark-Watzinger aimed at paving the wa…