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Crude Oil
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …
Natural Gas
US Gas Exports Can ‘Easily’ Replace Russian
The global energy market has been suddenly upended by Russia’s invasion of Ukraine, but one energy boss says the US could step in and help shore up global supp…
Crude Oil
BP may Take $25 Billion Hit from Divestment from Russian Oil Company
BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…
Electric Car
Queensland Sets Target for Every New Car to be Electric by 2036
The Queensland state government has set a target for all new car sales to be electric by 2036, and all new government vehicles to be electric b y 2028, as part …
Electric Vehicle Charging
Queensland Offers $3,000 Subsidy to EVs Priced Under $58,000, Excludes Tesla
Queensland has joined three other state governments in offering a subsidy, or rebate, of $3,000 for an electric vehicle, but has put the cap at a lower level of…
India
Azure Power Commissions 300MW Solar Project in India
Azure Power has fully commissioned a 300-megawatt Interstate Transmission System connected solar power project, Rajasthan 8, in Bhadla in the state of Rajasthan…
Wave Energy
Wave-Powered Desalination Device Sets Sail
The U.S. Department of National Renewable Energy Laboratory (NREL) researchers deployed a wave-powered desalination test device and anchored it to the nearby se…
Offshore Wind Power
Hurricane Risk to Offshore Wind Farms is Study Focus
Researchers across the U.S. will study hurricane risks facing planned offshore wind installations along the Atlantic coast.
Net Zero Emission
Honda to Test Fuel Cell Power Station at California Site
Honda will begin testing its zero-emissions fuel cell power station at its corporate campus in Torrance, California in early 2023, the company announced.
Crude Oil
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …
Oil Price
Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 8, 2022. REUTERS/Brendan McDermidThe three main Wall Street stock …
Oil Price
Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control
Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index is directly related to t…
Oil Shale
US Shale Still Finding Footing amid Market Chaos
US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…
Nuclear Power Plant
Finland’s Much-Delayed Nuclear Plant Starts Producing Power
The Olkiluoto 3 nuclear reactor, Finland’s first new nuclear plant in four decades, has recently started test production.
Energy Transition
Eni Sells 49% of Its Business Enipower
Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.
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