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Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Offshore Wind Power
BP Establishes Partnership Focused on Offshore Wind in Japan
BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “ot…
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Solar Power Panel
Alpina Awarded the Sixth Solar Leasing Tender Under the SolarNova Programme by HDB
The Project, with a solar capacity of 70 megawatt-peak ("MWp"), aggregates public sector demand for the installation of solar panels across 1,198 HDB blocks and…
Electric Car
LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…
Energy Storage System
US Energy Storage Sprinted to a Record-Setting End to 2021
The U.S. energy storage market set quarterly and annual records for new capacity additions, according to a report.
Offshore Wind Power
GE and Bond to Build Digital Substation for Offshore Wind Farm
GE Renewable Energy’s Grid Solutions and BOND Civil & Utility Construction formed a consortium that was awarded an EPC contract from Empire Offshore Wind.
Electric Car
USPS Electric Vehicle Order Grows to 10,000
The United States Postal Service has doubled its order of electric vehicles from 5,000 to 10,019 as part of its planned fleet upgrade.
Geothermal Power Plant
Entire US Lithium Demand Can Be Supplied by Salton Sea Geothermal Plants
An article written by Bryant Jones from Boise State University and Michael McKibben of University of California, Riverside, discusses how the entire lithium dem…
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
LNG
EU Clinches U.S. LNG Deal, Brushes off Russian Rouble Demand
The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG).
Hydrogen Production
A Gas Giant Maps out Its Hydrogen Plan
The market for the clean-burning fuel will take a long time to develop. That may give incumbents like Air Liquide an advantage over startups.
Natural Gas
Indonesia’s Deep-Waters Attract Explorers, Including BP and Harbour
Harbour Energy is on track to start high impact exploration drilling in its Andaman II PSC offshore Indonesia in the second quarter this year.
Electric Car
Electric Vehicle Start-Up Nikola Has Begun Production of Its First Battery-Electric Semitruck
Electric heavy-truck startup Nikola announced on Wednesday that it has begun production of the battery-powered version of its electric Tre semitruck.
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