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America
Oil Refinery
2022-10-23
Exxon Shares Surge to Record High on Strong Earnings Outlook
Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil producer's cash flow and earnings outlook.
Net Zero Emission
2022-10-22
U.S. EPA Begins Work to Set up $27 Bln Green Bank
The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities around the United States to deploy low- or zero-emissions projects.
Brazil
2022-10-22
Wind Power Will Quadruple in Brazil by the End of the Decade
The 13th edition of Brazil Windpower, the main congress and fair in Latin America on wind energy, promoted this morning the panel “Production chain and its inputs: growth and new challenges of competitiveness.”
Wind Farm
2022-10-21
Ørsted Partners with ECP in the Company’s First-Ever Farm-down of Onshore Assets
Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio consisting of three onshore wind farms and one solar farm in the US.
Electric Car
2022-10-21
Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs
Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy business.
Electric Car
2022-10-21
U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles
The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.
SMR
2022-10-21
Hyundai E&C Accelerating Commercialization of SMRs
Hyundai E&C announced on Oct. 19 that it has held a ceremony with its partner Holtec International of the United States to initiate detailed design and commercialization of the SMR-160.
Carbon Emissions
2022-10-21
New Way to Vacuum Out Greenhouse Gases and Create a Cleaner Atmosphere
How do we remove greenhouse gases from the air?
Ammonia
2022-10-21
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast.
Oil Price
2022-10-20
US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices
US officials have hinted at more releases if prices continue to surge.
OPEC
2022-10-20
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agreed to cut output.
Electric Vehicle Battery
2022-10-20
Syrah Resources to Explore Graphite Supply to LG Energy Solution, Shares Soar
Australia's Syrah Resources Ltd said on Thursday it will evaluate supplying a key lithium-ion battery component to South Korea's LG Energy Solution Ltd, sending its shares to a more than four-year high.
Wind Turbine
2022-10-20
China’s Goldwind to Manufacture Wind Turbines in Brazil
China's Goldwind is in advanced talks to install a wind turbine factory in Brazil with deliveries expected to start in 2024, an executive said on Wednesday.
Oil Field
2022-10-20
Baker Hughes Sees Bright 2023 for U.S. Oil
Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.
Electric Vehicle Battery
2022-10-20
POSCO Chemical Pushing to Supply Cathode Materials to Ford
Following General Motors (GM), POSCO Chemical is pushing to supply a large amount of cathode materials to Ford.
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio