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Electric Vehicles

MAGA Battle Blows up 2025 Electric Vehicle Outlook, or Not

Everyone wants to know what will happen to the federal tax credit for buying an electric vehicle after President-elect Trump takes office on January 20. The For…

LNG

Trump Administration to Boost US LNG Exports

Liquefied natural gas (LNG) export in the US is expected to accelerate under the administration of Donald Trump who takes office on Jan. 20, according to a seni…

Oil Price

Azerbaijani Oil Price Exceeds 76$

The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports.The price of Azerbaijani oil per barrel increased b…

Wind Turbine

Rosatom Opens Wind Blade Manufacturing Facility in Ulyanovsk

The first Russian plant for manufacturing composite wind turbine blades has begun operations at Rusatom Vetrolopasti JSC in Ulyanovsk, part of Rosatom’s C…

China

Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags

Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for…

Crude Oil

US Crude Oil Stocks Fall for Fifth Straight Week

US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …

Energy Investment

BHI Provides Brightnight With US$25 Million in Financing

BHI, the US Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has announced that BHI and Bank Hapoalim are partnering on a loan which will provi…

Natural Gas

Petrobras Informs About New Law for the Oil and Gas Sector

Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…

Oil&Gas Drilling

ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025

ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister Geor…

Floating Offshore Wind

Bilfinger Selection Adds Further Offshore Expertise to Floating Wind Consortium

Bilfinger, a leading industrial services provider, has been appointed by Cerulean Winds to join the alliance of companies developing the Aspen, Beech, and Cedar…

Hydrogen Technology

Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly

Two hydrogen technologies proposed by Korea as new international standards have received the consent of experts at the recently held ISO/TC197 General Assembly,…

Green Hydrogen

Green Hydrogen Projects Worth US $21 Billion in Mexico’s Pipeline

The Mexican Association of Hydrogen, Storage, and Sustainable Mobility (AMH2), in collaboration with Mexico’s Ministry of Energy (SENER), will fund 18 clean hy…

Hydrogen Fuel Vehicle

Hydrogen Demand From Transportation Sector Up 64 Pct in 2024

South Korea’s demand for hydrogen fuel in the mobility sector jumped 64 percent in 2024 from a year earlier, driven by the increasing number of hydrogen b…

Green Hydrogen

Paraguay – Dutch Company Plans to Invest More than USD 100 Million in Green Hydrogen

ADA Green Hydrogen Holdings BV plans to invest more than USD 100 million in the construction of a green hydrogen and ammonia production plant in Villa Hayes. Th…

Hydrogen Technology

China Unveils High-Capacity Hydrogen Gas Turbine to Optimize Clean Energy Use

A Chinese new energy equipment firm has announced the successful ignition of the world's first 30MW-class pure hydrogen gas turbine, offering a key solution…