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Crude Oil

Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say

Chevron logo is seen in this illustration taken, October 23, 2023.Chevron (CVX.N), is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources fam…

Crude Oil

Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles

Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A…

Hydrogen Fuel Vehicle

Airbus Postpones Development of New Hydrogen Aircraft

The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023.Airbus (AIR.PA), said on Friday it is delaying plans to de…

Electric Vehicles

Porsche Sales Dip Looms, but New Gas and Hybrid Models Are Coming

The electric revolution fizzled and many automakers have now abandoned or delayed plans to go electric-only. This has left a number of firms scrambling to churn…

Gas turbine engine

GE Vernova Completes Mammoth Turbine Upgrades in Iraq

The Ministry of Electricity in Iraq and GE Vernova have completed upgrades at several key power plants, enhancing the performance and output of existing GE Vern…

Battery

Philippines to Publish TOR for Fourth Green Energy Auction

The Philippines’ Department of Energy is set to release this month the terms of reference (TOR) for the fourth auction round under the Green Energy Auctio…

Oil Refinery

China Oil Teapots Cut Run Rates to Pandemic Levels

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key s…

Electric Vehicles

€20,000 Volkswagen Electric Car — The Next VW Beetle?

The Volkswagen Beetle is an iconic car that is one of the prime symbols of the cultural revolution of the 1970s (a revolution that is somehow facing significant…

Power Construction

California Utility Investigating ‘Every Possibility’ for Cause of Eaton Fire, Including Its Own Equipment

A map showing the preliminary origin area of the Eaton Fire.Today Southern California Edison (SCE), a subsidiary of Edison International, sent a pair of letters…

Solar Power Plant

Statkraft Granted Planning Consent for 39.9MW Somerset Solar Scheme

The plant is expected to begin construction next year.Renewable energy developer Statkraft has been awarded full planning permission for a 39.9MW solar PV power…

Microgrid

New York Public Utility Funds Virtual Reality Initiative to Train Microgrid and Energy Storage System Electricians

The New York Power Authority (NPYA) Board of Trustees approved $400,000 in funding for the Energy Storage and Microgrid Training and Certification (ESAMTAC) pro…

Hydropower Plant

Contractor Selection Opens for 500MW Kikot-Mbébé Hydropower Project, Cameroon

Employees of Kikot-Mbebe Hydro Power Company (KHPC) took part in the celebration of the company’s first anniversary on September 25.A major hydropower ini…

Oil Price

Oil Set for Third Straight Weekly Decline Amid Tariff Concerns

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…

Coal-Fired Power Plants

U.S. Coal Plants Get Reprieve as Market and Policies Change

The 1,577-MW Hunter power plant in Utah is among those U.S. coal-fired stations that has had its scheduled retirement date pushed back.Several U.S. utilities in…

Electric Vehicles

Jeep Wagoneer S EV Just Got a $5,000 Price Cut With a New Limited Trim

Jeep’s first electric SUV in the US just got more affordable. On Thursday, Jeep launched a new Limited trim at the Chicago Auto Show. The new 2025 Jeep Wa…