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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…

Crude Oil

Nigeria’s 2 Million Bpd Oil Production Target Under Threat

The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…

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…

Natural Gas

Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking

It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat…

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 …

Floating Offshore Wind

Aker Solutions Awards ABB Contract for Major UK Floating Offshore Wind Project

Aker Solutions has awarded ABB a FEED contract for the 560 MW Green Volt floating offshore wind project in the UK, led by Vårgrønn and Flotation En…

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…

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,…

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

NTPC Leads Green Hydrogen Revolution in Odisha with New Mobility Initiatives

State-run NTPC has taken a significant step toward green energy development in Odisha by signing a Memorandum of Understanding (MoU) with GRIDCO and the Capital…

Wind Farm

Argentina: Historic Record in Wind Power With 68 Wind Farms in Operation

Wind farms in Argentina. Although the history of wind farms in Argentina has several decades already, its boom began about 10 years ago, with the help of the Re…

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…

Energy Investment

Spain Has 29 Projects From the EU Innovation Fund, With More Than 1,286 Million in Aid

Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most ben…

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…