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Hydrogen Project

European Investment Bank Looking to Invest in Hydrogen Projects

The European Clean Hydrogen Alliance has announced a call to action for projects in the hydrogen sector to submit proposals by 5 April 2022 for funding from the…

SMR

Boris Johnson to Host Nuclear Energy Roundtable to Remove Barriers to New Developments

The Prime Minister is set to host a meeting on how to remove the barriers to increasing the UK’s nuclear power output, No 10 has announced.

Hydrogen Production

New Partnership to Pave Way for Next-Generation, Cost-Competitive Green Hydrogen Production

The efficiency of electrolysers will be explored in order to generate cost-competitive green hydrogen with the creation of a Partnership Research Chair at the U…

SINOPEC

Aramco in Discussions with Sinopec on Downstream Ventures

Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint ven…

Oil Price

Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices

Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.

Hydrogen Fuel Cell Vehicle

First Hydrogen Fuel Cell Car in India is the Toyota Mirai

The vehicle will be used as a part of a pilot project in the country along with the ICAT.

LNG

Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence

Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …

Carbon Neutral

Will 30 Years Be Enough to Achieve Carbon Neutrality?

Countries need time to decarbonise old assets, too, Black & Veatch claims.

United States

Energy Major BP Aims to Double Convenience Earnings by 2030

Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.

Oil & Gas Supply

Europe Can Survive Throughout Summer Without Russian Gas

If Russian flows continue, the European Union (EU) and the UK will end this winter’s heating season with 27 billion cubic meters (bcm) of gas in storage.

Electric Car

Maserati Goes all Electric

Maserati has announced it is ready to unveil its Folgore Gran Turismo, the first car in the Italian luxury car brand’s history to be powered entirely by batter…

Crude Oil

National Daily Oil Output Totals 684,100 Barrels

Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.

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…