Rice

Energy Transition

Demand for Low-Carbon Hydrogen in Refining Could Reach 50 Mtpa by 2050

Lower costs and high carbon prices are needed to make cleaner energy source competitive, says Wood Mackenzie

Electric Vehicle Battery

The World Is Scrambling for Lithium Supply

As a crucial component in EV batteries, lithium prices have skyrocketed.

Which Businesses Are the Worst Hit by Soaring Energy Prices?

​Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.

Oil & Gas Supply

Exxon Passes $100 Mark for First Time Since 2014

ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…

LNG

U.S. Natural Gas Prices Drop After Explosion at Freeport LNG Terminal

An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to f…

Oil Price

Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems

Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.

Solar Power Panel

Polysilicon Production Growth to Stabilise Solar Module Prices: Report

Total production is expected to reach 700,000 tonnes in 2022, globally.

Energy Transition

High Fuel Prices Could Erode Public Support for Energy Transition, Chevron CEO Says

Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down …

Germany

Germans Tackle Energy Crisis With €9-A-Month Transport Tickets

A new government scheme offers unlimited travel on all local and regional public transport

Hydrogen Project

Hydrogen Price Could Fall to €5 per KG in 2025

A new report suggests green hydrogen will undoubtedly become the cheapest energy option in the future.

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.