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Crude Oil
World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.
Electric Vehicle Battery
Biden’s EV Minerals Cash Fruitless Without Permitting Reform
Washington's growing financial support for companies that produce metals used in electric vehicles will likely prove fruitless unless the federal government str…
BMW Tests Hydrogen Burner at German Plant, Expands Battery Assembly Lines
BMW is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the carmaker said on Thursday.
Oil Refinery
Exxon Selling Montana Oil Refinery to Par Pacific in $310 Million Deal
Exxon Mobil Corp on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 million.
Natural Gas
Analysis: Renewables Shift Lays Bare Africa’s Energy Dilemma
Africa must build oil and gas pipelines, liquefied natural gas (LNG) terminals, distribution hubs and gas-fired power plants over the next 20 years to unlock it…
Natural Gas
EU Publishes Emergency Gas Cap Proposal
The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.
Nord Stream 2
Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced
Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.
Hydrogen Project
Woodside Energy Awards Nel Contract for U.S. Hydrogen Project
Woodside Energy Group has awarded Nel Hydrogen Electrolyser a contract to supply alkaline electrolyser equipment for its proposed H2OK U.S. hydrogen project in …
United States
Mexican President Outlines Renewable Energy Push Ahead of Kerry Visit
Mexican President Andres Manuel Lopez Obrador outlined goals to turn a northwestern agricultural state into a green energy center on Monday, ahead of a visit la…
Offshore Wind Power
First Set of Standards to Streamline Offshore Wind Projects in the US
The US offshore wind industry has the first set of standards for project development— a step advocates say will accelerate the growth of the burgeoning renewab…
CCS
Global Carbon Capture Project Pipeline Swells 44% in Past Year-Report
The pipeline for projects to capture and store carbon emissions has grown around 44% in the past twelve months to 244 million tonnes a year, the Global CCS Inst…
Finland
First Commercial-Scale Sand Battery Goes Online in Finland
The sand battery was developed by Polar Night Energy as an efficient way of storing energy and reducing the emissions from district heating.
Natural Gas
CEO Says Gazprom May Need to Replace Big Part of Nord Stream -TASS
Gazprom CEO Alexei Miller told Russia's State TV Channel One on Thursday that a big section of the damaged Nord Stream pipelines might need to be replaced, TASS…
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…
Oil Pipeline
Shell Investigates in Nigeria After Report of Nine-Year Oil Theft
Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wedn…
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