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Oil & Gas Trade

Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO

Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's large…

Oil & Gas Trade

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…

Oil Price

Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns

Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…

Solar Power Plant

Ewec raises contribution of clean energy to 60% of its power output

Emirates Water and Electricity Company, known as Ewec, has said clean energy now accounts for more than 60 per cent of the total power it generates, in line wit…

Natural Gas

Oman to Set Up Integrated Company to Manage Natural Gas Assets

Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit i…

Hydrogen Fuel Stations

Porsche’s Efuels Pilot Plant in Chile Starts Production

Image: HIFThe Haru Oni efuels pilot plant at Punta Arenas in southern Chile has been officially opened and production started.The plant, which is powered by its…

Energy Storage Battery

SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million

Leading Provider of Fuel Cell SystemsRanked First in the PRC Fuel Cell System MarketHONG KONG, Dec 29, 2022 - (ACN Newswire) - The leading provider of fuel cell…

Offshore Wind Power

Robotic Boats Are Surveying Seabeds at Offshore Wind Farms

Swedish multinational power company Vattenfall announced today that it’s successfully conducted large-scale seabed surveys with uncrewed robotic boats at …

Electric Car

Huck Cycles Begins Us Production of Stinger Electric Motorbikes

Huck Cycles is a North Carolina-based electric motorbike manufacturer that built a name for itself with retro-inspired electric mopeds hand-made by Americans, i…

Hydrogen Technology

World's First Hydrogen Train With a Speed of 160 Kilometers Per HourRolled Out in China

On December 28th, the world's first hydrogen-powered urban train with independent intellectual property rights, developed jointly byCRRC Changchun and Cheng…

Hydrogen Production

Hyzon Motors to Invests $10 Million to Develop Waste-to-Hydrogen Plant inRichmond,California

Hyzon Motors announced that its subsidiary, Hyzon Zero Carbon, has entered into an agreement with Chevron New Energies andRaven SR LLC to develop, build, operat…

Energy Storage Battery

U Birmingham Team Demonstrates Direct Reuse of Aluminum and Copper Current Collectors From Spent Li-Ion Batteries

Researchers from The University of Birmingham in the UK have demonstrated that the direct reuse of aluminum and copper current collectors from spent lithium-ion…

Oil Price

Moscow Restrains Response to G7 Price Cap

A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …

Oil Refinery

Sanctions to Choke Russian Refining Sector

The outgoing year was a wild ride for Russia’s downstream, which pulled off a remarkable rebound after a dizzying, postwar decline.2023 promises even more…

Carbon Neutral

Taiwan Details Road Map to Carbon Neutrality

Taiwan's energy transition roadmap, for which "core strategic plans' were unveiled this week, is still light on details about LNG's specific future.…