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Crude Oil

Indian Purchase of Russian Oil not Violation of Sanctions: US

The White House has said that India would not be violating sanctions if it purchased discounted oil from Russia but doing so would put New Delhi on the wrong si…

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

Crude Oil

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…

China

China's Major Coal-Producing Region Embraces New Energy

North China's Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of t…

Nuclear Power Plant

Can Nuclear Generation Reduce European Reliance on Russian Gas?

Following Russia's invasion of Ukraine, the International Energy Agency and the European Commission have come up with plans to rapidly reduce the European Union…

Wind Power Project

Germany Has Turned the Corner on Onshore Wind Energy

The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…

Hydropower Plant

China's Highest-Altitude Mega Hydropower Plant Fully Operational

With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest on…

Solar Company

Solar Supported EV Charging Firm EOS Linx in Tie-up with Retailers Cooperative in US

EOS Linx, a provider of solar-supported electric vehicle (EV) chargers with data-driven digital advertising displays, has announced a partnership with convenien…

Electric Car

Tesla Still Dominates US Electric Car Market, and It’s Not Even Close

New registration data show that Tesla is still dominating the US electric car market, and it’s not even close. Something is going to have to break for EV adopt…

Electric Car

Rising Costs Have Lucid CEO Eyeing Price Hike for Future Electric Cars

A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoElectric carmaker L…

Wind Farm

Renewables Infrastructure Group Buys Stake in UK's Hornsea One Wind Farm

The Renewables Infrastructure Group (TRIG) has acquired a 7.8% stake in the huge Hornsea One wind farm located off England's Yorkshire coast, it said on Thursda…

Energy Investment

Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry

Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…

Solar Power Plant

India Adds 1.2 GW Open Access Solar Capacity in 2021: Mercom India

India's solar open access installations witnessed a sharp growth during 2021 with the country adding 1.2 gigawatts (GW) of open access solar capacity during the…

Offshore Wind Power

U.K. to Ramp up Offshore Wind Targets in Energy Security Push

The U.K. is planning to significantly raise targets for offshore wind power as part of its drive toward energy self-sufficiency in the wake of Russia’s invasio…

Crude Oil

U.K. PM Visits Saudi Arabia to Find Alternative to Russian Oil

U.K. Prime Minister Boris Johnson has arrived in Saudi Arabia, hoping to discuss boosting oil production to counter Russia's influence on oil prices.