Ncr

Electric Vehicles

Biden Hikes US Tariffs on Chinese Imports

U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips an…

Oil & Gas Trade

Azerbaijan Boosts Gas Exports – Minister

Azerbaijan has increased gas exports by 2.7 percent in the first four months of 2024, as compared to the same period in 2023, the country’s energy ministe…

Nuclear Power Plant (NPP)

Slovakia Considers Building Another 1.2 GW Nuclear Power Unit, PM FICO Says

The Slovak government is considering building another nuclear power unit with capacity of up to 1.2 gigawatts (GW), and could reach a decision at a meeting on W…

Oil Field

Subsea 7 Wins Additional Contract for Sakarya Gas Field Development Phase 2

Phase 2 of the project involves the development of an additional 26 wells, aimed at increasing production capacity by an extra 30MSm3/d, thereby enabling the Sa…

Electric Vehicles

Biden Rumored to Announce Quadrupling of Tariffs on Chinese evs, up to 100%

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and bat…

Photovoltaic （PV）

Iraq's First Photovoltaic Solar Power Plant Sees Progress

Iraq is now moving forward with the construction of its first large-scale photovoltaic solar power facility.The Iraqi government has increased its efforts to ca…

Biofuel

USDA Predicts 14 Billion Pounds of Soybean Oil Will Go to Biofuel Production for 2024-'25

The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency&rs…

LNG

Panama Canal in Talks With Us Lng Producers to Increase Transit

Administrator of the Panama Canal Authority Ricaurte Vasquez Morales gestures during an interview with Reuters, in Panama City, Panama, May 8, 2024. REUTERS/Ari…

Uranium Project

IAEA, Iran Look to Revive Cooperation Under 2023 Agreement

International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi said he has proposed a set of "concrete practical measures" to revitalise the a…

Nuclear Power Plant (NPP)

CPS Energy Increases Ownership of South Texas Project

CPS Energy has agreed to acquire an additional 2% ownership of the South Texas Project (STP) from Constellation and has entered a long-term power purchase agree…

Biofuel

EIA: US Biomass Power Capacity Expected to Hold Steady in 2024, 2025

SOURCE: U.S. Energy Information AdministrationThe U.S. Energy Information Administration currently predicts renewables will account for 23% of U.S. electricity …

Oil & Gas Trade

ADNOC Gas Reports $6 Billion Revenue in Q1 2024 With Significant Natural Gas Project Milestones

According to a financial report, ADNOC Gas delivered robust Q1 2024 results, with revenues increasing by 15% year-on-year to $6 billion, underpinned by a strong…

Oil & Gas Trade

BP Profit Slides by 40% as Refinery Outage Offsets Higher Output

BP's (BP.L), opens new tab first-quarter earnings plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery outage off…

Offshore Wind Power

Making Concrete by Recycling Wind Turbine Blades

Spain faces the challenge of what to do with waste from wind farms that have already reached the end of their useful life. The removal of wind turbines causes a…

Oil & Gas Trade

TotalEnergies states commitment to increase investment in Malaysia’s upstream O&G sector - Anwar

TotalEnergies, a global energy supplier company based in France, has stated its commitment to increasing its investment in Malaysia’s upstream oil and gas…