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Crude Oil

Zanganeh: Iran Prepared to Return to Int’l Oil Market

Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…

Energy Storage Battery

India to Call Bids for Battery Storage System in Ladakh

India will call bids for the largest global tender for a 13 gigawatt-hours grid-scale battery storage system in Ladakh in what would be a major leap in the coun…

Hydrogen Technology

NanoSun to Explore Cooling Technology to Reduce the Price of Hydrogen Refuelling Stations

NanoSun has launched a new research project to utilise its low-cost hydrogen cooling technology to reduce the cost of hydrogen refuelling infrastructure in the …

India

ReNew Power Signs First 'Round-the-Clock' PPA in India

India-based clean power outfit ReNew Power has signed a power purchase agreement for round-the-clock electricity supply, the first-of-its-kind in India.

OPEC

Opec+ Adds Around 700,000 b/d in July

The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.

Coal Trade

India Exports 8 Lakh Tonnes of Coal to Neighbouring Countries in FY'21

Of the said quantity, the maximum 77.20 per cent was exported to Nepal, followed by 13.04 per cent to Bangladesh, according to the Coal Ministry's Provisional C…

Electric Car

Biden Aims to Make Half of New Vehicles Electric by 2030

US President Joe Biden has signed an executive order calling for half of new vehicles sold in the country to be zero-emission by 2030

Solar Company

Q CELLS, LG, Mission Solar Join Petition to Extend Solar Panel Tariffs

The tariffs on imported solar cells and panels began in 2018 after U.S. manufacturers Suniva and SolarWorld filed a Section 201 petition with the ITC

Biobattery

Sweetman Biomass Signs Japanese Bioenergy Deal

Terms surrounding a 20-year, binding supply agreement have been reached between a subsidiary of ASX bound Sweetman Renewables and a leading Japanese conglomerat…

Oil & Gas Trade

US June Oil Exports Rise, Boosted by India, South Korea

US crude exports rose by about 28pc in June led by a sharp increase in shipments to India and South Korea.

Market Analysis

Hydrogen Market Outlook Shows more Countries have H2 Strategies

BloombergNEF’s 2021 Hydrogen Market Outlook indicates that nearly everything is set to double this year in the world of clean hydrogen, from electrolyser insta…

Crude Oil

Oil falls Amid US Inventory Build-up and Mounting Concerns over Delta Variant Surge

Brent and WTI sank 2.8 per cent and 3.4 per cent, respectively, on Wednesday, marking their biggest fall in two weeks

Cooperation case

China's Fortune Global 500 Companies Rise to 143

Chinese companies have thronged the 2021 Fortune Global 500 list amid steady economic fundamentals and healthy business growth in the country.

Biofuel

Shell Biofuel JV Starts Trading

Shell has begun trading shares of Raizen, its renewable energy joint venture with Brazilian energy company Cosan, on the Sao Paulo Stock Exchange, following an …

Net Zero Emission

Exelon Utilities Announces 2050 Net-Zero Carbon Emissions Goal

The largest utility in the US by the number of gas and electric customers, Exelon Utilities, has announced its plan to achieve net-zero emissions by 2050 compar…