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Nuclear Equipment

Nuclear Icebreakers Help Northern Sea Route to Record Year

A new record for cargo transported via Russia's Northern Sea Route was set in 2023 with existing nuclear icebreakers providing more than 730 vessel support …

Oil Price

Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low

Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company s…

Renewable Energy

Saudi Energy Ministry and NEOM Company Sign MoU on Cooperation in Energy Fields

The Saudi Ministry of Energy and NEOM company signed on Sunday a Memorandum of Understanding (MoU) on enhancing cooperation in the energy fields, the Saudi stat…

Electric Vehicles

Tesla Adjusts Ranges Across Lineup Due to New EPA Rule

Tesla has adjusted its EPA estimated ranges across most of its lineup due to a new EPA rule that should make estimated ranges more realistic.Earlier today, we r…

Solar project

First Solar to Sell Up to $700M in 45X Tax Credits

First Solar's module manufacturing facility in Ohio (Courtesy: First Solar)In what both sides are calling the first significant credit transfer of its kind …

Coal Trade

Teck Ditches Coal, Flags Lower Copper Output in Chile

Fording River was one of Teck’s four steelmaking coal operations located in the Elk Valley of British Columbia. (Image courtesy of Teck Resources.)Teck Re…

Solar Technology

Samsung Announces Collaboration With Tesla at CES 2024 for Smartthings Energy

Samsung Electronics today announced that it has established a service integration with Tesla, to be showcased at CES® 2024, that will connect SmartThings En…

Oil & Gas Trade

Chevron to Take Up to $4BLN Impairment Impact

Oil giant Chevron has said it would take an accounting hit to part of its U.S. assets and recognize some losses, resulting in an impact in its fourth quarter re…

Electric Vehicles

Xpeng Sees 171% Growth in 4th Quarter

XPeng is no BYD or Tesla — it’s far away from the nearly 2 million BEV sales those companies reached in 2023. Nonetheless, it continues to grow strongly …

Photovoltaic （PV）

Repsol Begins to Produce Renewable Photovoltaic Electricity in Andalusia

Repsol has started producing electricity at Sigma, its first renewable project in Andalusia. Located in Jerez de la Frontera (Cádiz), it is made up of fi…

LNG

Report: Production Starts at Russia's Arctic Lng 2 Despite US Sanctions

Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported…

Wind Turbine

Kentucky's Largest Utility Testing Wind's Energy Potential With State's First Utility-Scale Turbine

LG&E and KU’s research wind turbine rises to 165 feet. (Photo courtesy of LG&E and KU)Kentucky’s largest utility has built what it says is the state…

LNG

India's Petronet to Sign Deal to Extend Qatar Lng Imports Beyond 2028

India's top gas importer Petronet LNG (PLNG.NS) is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar t…

LNG

US Was Top LNG Exporter in 2023 as Hit Record Levels

Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 1…

Wind Farm

New Energy Projects Cater To Xizang's Power Needs

The Omatingga wind farm, the world's largest wind power project in an ultrahigh-altitude area, officially commenced operation on Monday in the Xizang autono…