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Electric Car
How Recycling Lithium-Ion Batteries Can Boost India’s EV Adoption
The battery accounts for about half the cost of an electric car and cheaper, more sustainable solutions can help to reduce prices
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Crude Oil
Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Energy Storage Project
Australia’s New Government ‘Should Consider Renewable Electricity Storage Target Policy’
An energy storage target policy could be an effective way for Australia’s new government to follow through on decarbonisation promises while insulating consume…
Oil Price
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
EU
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…
Oil Price
U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy…
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
Crude Oil
Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says
India is speeding up its plan to blend ethanol with petrol to help cut down crude imports in the long term
United Kingdom
UK Energy Price Cap Expected to Rise by 42% In October
Billpayers in the UK have seen the energy tariffs rise faster than ever before.
Crude Oil
Biden Administration Says It Has Not Ruled Out Export Curbs to Ease Fuel Prices
U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesd…
Wind Turbine
Wind Turbine Suppliers See Record Year for Deliveries Despite Supply Chain and Market Pressures
30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasin…
LNG
Natural Gas Prices Under Pressure From Soaring U.S. Demand
U.S. natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage leve…
OPEC
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
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