During early Asian trading, oil prices fell, as traders considered rising inventories and diminishing demand. Brent crude futures dropped 53 cents, or 0.5%, to $96.87 per barrel by 0005 GMT, as U.S. West Texas Intermediate […]
Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will begin next year. Tesla Semis […]
China’s plans to accelerate its world-leading expansion of solar and wind power are facing a major hurdle as floods, droughts and food-supply issues present authorities with a reality check about how much precious farmland the nation can afford to […]
“The natural resource sector will play a pivotal role in India’s growth and employment story as the nation strives to become Aatmanirbhar. Even small policy reforms can unleash the true potential of this sector,” Agarwal […]
The Inflation Reduction Act budget reconciliation bill has passed the Senate and will now move for approval in the House. As well as extending the existing biodiesel and renewable diesel tax credit, the bill provides […]
LONDON, Aug 10 (Reuters) – Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June, a development that could cost its buyers billions of dollars in […]
The U.S. Energy Information Administration (EIA) expects U.S. electricity consumption this year to increase 2.4% over 2021, resulting primarily from increased economic activity but also from hot summer weather throughout most of the country. According […]
Crude oil futures were mostly steady in mid-morning Asian trade Aug. 10 as prices continued to drift sideways amid an uncertain demand outlook, though some support was seen from a suspension of Russian oil flows […]
EDF has filed a legal claim for Eur8.34 billion ($8.54 billion) compensation from the French state for the additional allocation of 20 TWh electricity to be sold in 2022 at the regulated ARENH price, the […]
As investors try to figure out if the market has reached its bottom, analysts at Jefferies Equity Research & Strategy issued a weekend note in which they pointed out that the recent pace of the […]
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