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Crude Oil

EIA Confirms Turkmenistan’s Rising Oil Reserves

Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, accordi…

Offshore Wind Power

Greater Changhua 2B & 4 Offshore Substation Topside en Route to Taiwan

The offshore substation topside for Ørsted’s Greater Changhua 2b and 4 wind farms has departed from Singapore and is en route to Taichung Port in T…

SMR

Fugro and Enercon to Assess Site for Holtec’s Two SMR-300 Units in US

The reactors will be constructed at the 800MW Palisades location in Covert, Michigan.Fugro has won a site investigation contract from Enercon Services to evalua…

Electric Vehicles

Lyft Could Roll out Robotaxis in Texas Next Year

Lyft has announced plans to launch robotaxi services in Dallas, Texas, by 2026, following its partnership with Mobileye, a leader in autonomous driving technolo…

Crude Oil

Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push

Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…

Metal

China’s Ganfeng Starts Lithium Production at Argentina’s Mariana Project

Brine pools used to extract lithium are seen at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021.China's Ganfeng Lithium (002460.SZ), min…

Crude Oil

Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises

An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…

Natural Gas

Validus Energy to Buy Natural Gas Producer 89 Energy III for $850 Million, Sources Say

Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar w…

Electric Vehicles

Senators Propose Killing US EV Tax Credit, New $1,000 Tax for Road Repairs

A Tesla electric vehicle uses a supercharging station in Union City, New Jersey, U.S., July 23, 2024.U.S. Senate Republicans on Wednesday proposed a pair of bil…

Oil Field

East Baghdad Oil Field Reserves Rise to 15 Billion Barrels

Workers adjusting valves in an oil facility in Iraq.The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that incre…

Photovoltaic （PV）

The ‘Untapped Power’ of Solar Carports for UK Businesses

In 2019, Bently Motors installed a solar car park at its headquarters in Crewe. The site’s 10,000 solar panels have a capacity of 2.7MW and cover an area …

Oil Refinery

Aramco’s Motiva Expands Texas Refinery to Become Largest in US

Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US.The refinery can now process as much a…

Nuclear Fusion

TVA, Type One Energy Ink Deal to Develop Commercial Fusion Power Plant

This is a rendering of Type One Energy’s fusion stellarator.The pursuit of energy from fusion technology has taken another step forward, with the Tennesse…

Green Hydrogen

What Happened in India’s Green Hydrogen Market in Q4

India’s green hydrogen sector continues to grow, with three major green hydrogen tenders issued by various tendering authorities in the fourth quarter of …

Hydrogen Project

Full Steam Ahead for Nottingham’s Hydrogen Facility

The University of Nottingham has received planning approval for a pioneering hydrogen propulsion laboratory at its Jubilee Campus in Wollaton. Set to become ope…