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Oil Price
U.S. Shale Swings From Losses to Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022.
Scientists, Industry Players Reveal Plans for New LETID Testing Standard
An international research group has published the details of a two-year project to develop reliable ways to assess light-elevated temperature-induced degradatio…
Oil Price
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned …
Wind Turbine
Wind Turbine Makers Struggle to Find Pricing Power
Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.
Oil Price
OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally
OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions.
Electric Car
Top Autos CEO Warns of Battery Supply Scarcity as EV Competition Heats up
As the number of electric vehicles on our roads increases, battery supply will become an increasingly important — and competitive — cog in the automotive sect…
Net Zero Emission
Duke Energy Increases Its Renewable Energy Capacity
Duke Energy said it increased its electricity generating capacity from renewable energy sources by 20% in 2021.
Hydrogen Fuel Cell
Iron-Based Catalyst Promises Cheaper Fuel Cells
A research team led by Imperial College London has developed an iron-based catalyst that could dramatically reduce the cost of hydrogen fuel cells.
Crude Oil
EU Steps Up Purchases of U.S. Oil
EU crude oil imports from the U.S. are ramping up as the EU mulls an import ban on Russian crude.
Oil&Gas Drilling
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l…
Nuclear Power Plant
EDF Still Looking at Options for Sizewell C Water Supply - Including Permanent Desalination
Bosses at energy giant EDF say it would be possible to run the proposed Sizewell C nuclear power station permanently with a desalination plant if a water supply…
Coal-Fired Power Plants
South Korea Eases Coal Restrictions to Curb LNG Demand
South Korea's state-owned Kepco will limit voluntary restrictions of coal-fired generation plants to weekends this year, in a bid to reduce gas-fired generation…
Ammonia
AMEA Signs MoU to Produce Clean Energy Green Ammonia
AMEA Power has signed a Memorandum of Understanding (MoU) to produce 390,000 tonnes of green ammonia per annum over two phases, powered by renewable energy, i…
Electric Car
Electric Vehicle Sales Soar Despite Rising Battery Costs
Manufacturers have passed higher prices on to consumers with double-digit increases for EVs.
India
India’s Coal Supply Shock Causes Major Power Outages
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due to a major increa…
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