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Crude Oil

Oil Prices Steady and on Course for Biggest Weekly Gain Since Late August

Lingering concerns as to whether the Omicron variant may push border movement restrictions during the festive season

Oil & Gas Trade

U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17

The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous…

Carbon Neutral

Moon Encourages Private Firms to Go Carbon Neutral

President Moon Jae-in on Friday encouraged private firms to go carbon neutral, pledging the government will provide financial and regulatory support for their e…

Hydrogen Project

POSCO International Acquires Senex Energy to Expand Hydrogen Biz

POSCO International is pursuing global mergers and acquisitions in preparation for the energy transition era.

Nuclear Policy

Finnish Nuclear Laws to be Revised

The ministry said it is carrying out the reform so "the production of nuclear energy will continue to be in the general interest of society, safe and economical…

Hydrogen Technology

Airbus Establishes New Spanish Subsidiary to Explore Hydrogen Technologies

Airbus continues to explore hydrogen technologies in the aviation industry and will accelerate its research with a new Spanish-based innovation subsidiary dubbe…

Hydrogen Project

MOROCCO: A Green Hydrogen R&D Platform is Being Created in Jorf Lasfar

This alliance will mainly allow the establishment of a platform dedicated to research in the industrial zone of Jorf Lasfar, in the Casablanca-Settat region of …

Electric Car

EU Approves €3 billion Spanish Scheme to Support Electric Vehicles

The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation, as well as environ…

United States

BP Acquires EV Fleet Charging Provider AMPLY Power in US

BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) char…

Electric Car

China's January-November EV Output Exceeds 3mn

China's new energy vehicle production and sales refreshed new highs in November, driven by the country's initiative to accelerate its transformation to a low-ca…

Wind Turbine

Largest, Most Powerful HALT Test Rig for Next-Generation Offshore Nacelle Testing in Operation

In response to the growing demand for power from renewable energy sources, the new test rig can accommodate the next generation of larger wind turbines and prov…

Offshore Wind Power

Enercon Strengthens Its Presence in Wind Power in Portugal

Enercon strengthens its presence in wind power in Portugal. Maintaining its commitment to the quality of the workforce in Portugal, ENERCON will expand its pres…

Power Cable

Nexans Nets Moray West Export Cable Job

860MW project will feature supplier’s HVAC wires subject to CfD award and financial close in 2022

Carbon Neutral

Biden Signs Net Zero Executive Order

US President Joe Biden has signed an executive order that will make the federal government carbon-neutral by 2050.

Crude Oil

White House not Considering Crude Export Ban

President Joe Biden's administration has all but ruled out the idea of pursuing a ban on crude exports, following an outcry from the oil industry and its allies…