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Oil & Gas Trade

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…

Oil Price

Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns

Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…

Solar Power Plant

Ewec raises contribution of clean energy to 60% of its power output

Emirates Water and Electricity Company, known as Ewec, has said clean energy now accounts for more than 60 per cent of the total power it generates, in line wit…

Hydrogen Fuel Stations

Porsche’s Efuels Pilot Plant in Chile Starts Production

Image: HIFThe Haru Oni efuels pilot plant at Punta Arenas in southern Chile has been officially opened and production started.The plant, which is powered by its…

Electric Car

Kia Gives Us a Closer Look at the EV9, Its First Electric SUV

Kia EV9 electric SUV Source: KiaKia is teasing its first electric SUV, the EV9, ahead of its 2023 debut. The three-row electric SUV first appeared as a concept …

Hydrogen Technology

World's First Hydrogen Train With a Speed of 160 Kilometers Per HourRolled Out in China

On December 28th, the world's first hydrogen-powered urban train with independent intellectual property rights, developed jointly byCRRC Changchun and Cheng…

Oil Price

Moscow Restrains Response to G7 Price Cap

A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …

Oil Refinery

Sanctions to Choke Russian Refining Sector

The outgoing year was a wild ride for Russia’s downstream, which pulled off a remarkable rebound after a dizzying, postwar decline.2023 promises even more…

Carbon Neutral

Taiwan Details Road Map to Carbon Neutrality

Taiwan's energy transition roadmap, for which "core strategic plans' were unveiled this week, is still light on details about LNG's specific future.…

Wind Farm

Neoen Inks 215-Mw Ppa for Queensland Wind Project

Wind farm. Author: Dirk Ingo Franke. License: Creative Commons, Attribution-ShareAlike 2.0 GenericFrench renewables company Neoen SA (EPA:NEOEN) today said it h…

Solar Power Plant

Polenergia Hires Contractor to Build 45.2 Mwp PV Farm in Poland

Solar farm. Author: Juwi Renewable Energies Limited.Polenergia SA (WSE:PEP) said its unit developing the Strzelino photovoltaic (PV) project with a total capaci…

Solar Power Plant

Tata Power Renewable Gets Loa for 255-Mw Hybrid Project

Solar power plant. Source: Tata Power.December 28 (Renewables Now) - Tata Power Renewable Energy Ltd (TPREL), a unit of Indian electric utility Tata Power Co Lt…

Oil&Gas Drilling

Somalia Rejects Genel Energy’s “Illegal Claim” to Oil Permits

NAIROBI, Dec 28 (Reuters) - Somalia rejected on Wednesday what it called an "illegal claim" by Genel Energy (GENL.L) to oil exploration and exploitation rights …

Electricity Transmission

U.S. Regulators to Probe Power Outages During Historic Winter Storm

A street light is seen beneath a pile of snow in front of Central Terminal during a cleanup effort following a winter storm in Buffalo, New York, U.S., December…

Electricity Transmission

UK to Extend Its Energy Price Support Scheme to Non-domestic Customers

The sun sets behind an electricity pylon, as fog develops, near Petersfield, Britain, December 1, 2022. REUTERS/Toby MelvilleDec 29 (Reuters) - The UK will exte…