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Electric Vehicle Battery

VW Steps up EV Battery Development and Production

Volkswagen has established partnerships to investigate new battery materials and to establish a large scale battery supply chain.

Electric Car

Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs

Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy busi…

Norway

Norway Eyes New Rules to Protect Hydropower Supply in Spring, Says Energy Minister

A mechanism to safeguard sufficient hydropower supply in Norway, which could ultimately curb power exports, will likely come in the spring, its oil and energy m…

Hydrogen Project

Germany Is the Site of the World’s Largest Green Hydrogen Project

Fortescue Future Industries and Tree Energy Solutions have agreed to develop the world’s largest green hydrogen integrated project "to help Europe mitigate its…

Natural Gas

German Government May Have to Inject Another $39 Billion in Energy Giant Uniper

The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.

Wind Turbine

Siemens Gamesa Seals Deal to Supply Finland With 105 MW of Wind Power

Siemens Gamesa selected by Energiequelle for first wind farm together in Finland.

Natural Gas

Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption

Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha…

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.

Electric Car

U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles

The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.

Natural Gas

EU Leaders to Keep Studying Gas Price Caps

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho…

Oil&Gas Drilling

Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History

New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…

Natural Gas

Energy Crisis Poses Existential Threat to Europe’s Industry

European industries are struggling to stay competitive amid soaring energy costs.

Carbon Emissions

Cities Must Slash Emissions 50% By 2030 for 1.5°C Pathway

Cities must halve their per capita emissions by 2030 to remain on a 1.5°C trajectory, finds a new report that prescribes low-emissions mass transit, better was…

SMR

Hyundai E&C Accelerating Commercialization of SMRs

Hyundai E&C announced on Oct. 19 that it has held a ceremony with its partner Holtec International of the United States to initiate detailed design and commerci…

Carbon Emissions

New Way to Vacuum Out Greenhouse Gases and Create a Cleaner Atmosphere

How do we remove greenhouse gases from the air?