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Oil & Gas Trade

Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring

A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Ch…

LNG

Woodside Energy Signs Domestic LNG Agreement With Pilbara Minerals

Woodside Energy is set to supply LNG to one of the world's largest hard rock lithium deposits. Source: ShuttershockWoodside Energy will use its Western Aust…

Nuclear Fuel

Britain to Invest 300 Million Pounds in Next-Generation Nuclear Fuel Programme

Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-g…

Oil Price

Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low

Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company s…

Electric Vehicles

GM's China Joint Venture Sold Over 100,000 EVs Last Year

GM’s joint venture in China, SAIC-GM, delivered over 100,000 EVs in 2023, more than doubling from the previous year.GM’s China joint venture EV sale…

Electric Vehicles

Tesla Adds Two New Model Y Colors – Stealth Grey and Ultra Red

Tesla has updated its US Model Y configurator, adding the Ultra Red and Stealth Grey colors to the Model Y, which had previously only been available on the Mode…

Electric Vehicles

Tesla Adjusts Ranges Across Lineup Due to New EPA Rule

Tesla has adjusted its EPA estimated ranges across most of its lineup due to a new EPA rule that should make estimated ranges more realistic.Earlier today, we r…

Electric Vehicles

BYD Breaks Ground on Its First Sodium-Ion EV Battery Plant

The world’s largest EV maker, BYD, broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 billion (RMB 10 billion) with 30 GW…

Hydrogen Fuel Vehicle

Nikola reveals 2023 saw a successful launch of its hydrogen trucks in US and Canada

The company produced and wholesaled a combined 77 trucks last year.Via its energy brand, HYLA, Nikola announced that it produced 42 of its Class 8 hydrogen fuel…

Pumped Storage

Breakthrough Achievement Unveiled at Snowy 2.0 Pumped Storage Hydro Project

Snowy Hydro has announced a significant milestone for the Snowy 2.0 pumped storage hydropower project, as the final three meters of the power station's 223m…

SAF

Washington to Launch Rulemaking to Incorporate SAF Provisions Into CFS Regulations

\\The Washington Department of Ecology on Dec. 18 published a notice announcing plans to update the state’s clean fuels program regulations to align with …

SAF

Wizz Air Invests £5M in Firefly

Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally, on Dec. 8 announced a £5 million investment in a biofuel c…

Photovoltaic （PV）

Brazil Penalizes the Import of Photovoltaics

The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible fo…

Photovoltaic （PV）

Germany's Installed PV and Wind Power Capacity Increased by 17 GW in 2023

Germany added 2.9 GW of onshore wind power in 2023, more than the previous year. The total installed capacity at the end of 2023 was 60.9 GW.By 2030, installed …

Solar project

First Solar to Sell Up to $700M in 45X Tax Credits

First Solar's module manufacturing facility in Ohio (Courtesy: First Solar)In what both sides are calling the first significant credit transfer of its kind …