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EV Market
Energy Crisis Sees Electric Vehicle Charge Points Raise Prices During Peak Times
High wholesale electricity costs have seen three charge point operators (CPOs) in the UK raise the cost of charging electric vehicles (EVs) at peak times. Genie…
Oil Price
Saudi’s Won’t Let Oil Stay at $75: Pioneer CEO
OPEC is likely to cut oil production again, Pioneer Natural Resources CEO said at a Goldman Sachs Conference in Miami on Thursday.Source: World OilSaudi is not …
Hydropower Plant
Colombian Agency Probing Enel for Alleged Price Breaches at Hydroelectric Plant
(photo courtesy Enel)Colombian public services watchdog Superservicios is investigating Enel for alleged pricing irregularities in the country’s wholesale…
Electricity Trade
Drop In Wholesale Energy Prices Sees Price Cap Predictions Fall Below the Energy Price Guarantee for Second Half of 2023
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bills for a typical household are predicted to be be…
Oil Price
Oil Swings on First Trading Day of 2023 Amid Demand Concerns and IMF Recession Warning
Fund's managing director says the global economy faces 'a tough year, tougher than the year we leave behind'IMF chief Kristalina Georgieva repeated an earlier w…
Natural Gas
U.S. Oil & Gas President Says Group Production Boost Will Keep Gas Prices Steady, Defying Biden
Rather than work to boost domestic production, President Joe Biden opted to repeatedly release millions of barrels of oil from the Strategic Petroleum Reserve t…
Solar Power Panel
Falling Solar Panel Prices In China Will Impact Countries Around The World
The cost of manufacturing a solar panel in China has plunged recently, thanks to lower prices for polysilicon.Polysilicon is the most expensive component of a t…
Oil & Gas Trade
What Will the New Year Bring to the Oil & Gas Industry?
The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti…
Oil Price
Oil Prices End 2022 Higher Despite Demand Concerns
A surprise rise in US crude stocks is weighing on futuresA trader at the New York Stock Exchange. Brent, which hit a 14-year high of $140 a barrel in March, has…
Energy Storage Battery
Why Lithium Price Drop Is Set To become a boon for EV industry
Lithium’s relentless rise since 2020 has hurt buyers and contributed to increase in battery costsBikita Minerals mining plant in Bikita, 340km south of Zi…
Oil Price
UAE petrol and Diesel Prices to Fall in January
Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol a…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Oil Price
Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns
Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…
Energy Storage Battery
SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million
Leading Provider of Fuel Cell SystemsRanked First in the PRC Fuel Cell System MarketHONG KONG, Dec 29, 2022 - (ACN Newswire) - The leading provider of fuel cell…
Oil Price
Moscow Restrains Response to G7 Price Cap
A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …
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