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Crude Oil
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
Carbon Emissions
EU Countries Support Plan for World-First Carbon Border Tariff
European Union countries on Tuesday backed the bloc's plan to impose a world-first carbon dioxide emissions tariff on imports of polluting goods.
Crude Oil
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…
Electric Car
Electric Vehicle Market: Is Lithium the New Oil?
More governments today are working towards creating new legislation and regulations for pollution and emission reduction. This has made electric and hybrid cars…
Rooftop PV System
China Drives Rooftop Solar Growth
China is driving growth in rooftop solar photovoltaic (PV) capacity after it increased its installations to 27.3 gigawatts (GW) in 2021 from 19.4GW in 2017.
Oil Field
Bohai Sea Oilfield Output Exceeds 500 Million Tons
The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has …
Hydrogen Fuel Cell
Adani, Ballard Ink MoU for Hydrogen Fuel Cells Commercialisation in India
Adani Group and Ballard Power Systems entered a non-binding memorandum of understanding (MoU) last month to evaluate the commercialisation of hydrogen fuel cell…
Oil Price
Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri
Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…
Crude Oil
India Hopes for Oil from Iran, Venezuela; Higher Output from OPEC+ to Cool Prices
Replying to supplementaries during question hour in the Rajya Sabha, Oil Minister Hardeep Singh Puri said oil export from Venezuela and Iran had been hit due to…
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
Natural Gas
Niti Aayog for End to Price Curbs on Local Natgas
The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…
Rooftop PV System
Rooftop Solar Installations to Almost Double by 2025, Says Rystad
Rooftop solar photovoltaic (PV) installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025.
Wind Farm
140MW Wind Farm Starts Feeding South Africa’s Grid
African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…
Russian Federation
Norway's Equinor Confirms Trading Halt in Russian Oil
Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …
CCS
What to Do with Captured CO2?
Mitsubishi joins growing movement to ship carbon dioxide from emission sites to storage.
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