EVgo, an industry-leading builder, owner and operator of DC fast charging for electric vehicles in the U.S., has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation (“CRIS”); […]
Japan’s petroleum industry called on utilities to keep using oil-fired power plants as backups after the nation’s power market faced a supply crunch amid cold weather, the head of the Petroleum Association of Japan (PAJ) […]
NEW DELHI: Iraq has reduced annual supplies of Basra crude oil to several Indian refiners by up to 20 per cent for 2021, industry sources said, in a rare move by OPEC’s second-largest producer which is trying […]
The world’s overloaded power grids are on the cusp of a megabattery boom. California, keen to avoid last year’s blackouts, could add more than 2 gigawatts of energy storage, including from batteries, by summer. The […]
It may be the oil market’s worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China. The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, […]
In the Middle Ages, the city of Erfurt in central Germany was a key stop on a trading route linking the far-flung ends of Europe. It’s about to take on a crucial new role as […]
Rich Glick, one of two Democrats on the U.S. Federal Energy Regulatory Commission, has been tapped by President Joe Biden to lead the agency set to play a pivotal role in the president’s goal to achieve […]
Abu Dhabi: An hour’s drive southeast of Abu Dhabi is the world’s largest single-site solar plant. Located at Sweihan in Abu Dhabi, Noor Abu Dhabi (which means ‘light’ in Arabic) features 3.2 million solar panels. The clean, renewable energy produced […]
There are three major troubling factors for new U.S. President Joe Biden. In the recently agreed US$2 billion five–year prepayment oil supply deal between the Federal Government of Iraq (FGI) in Baghdad and China’s Zhenhua […]
Oil prices have risen by 10 percent since the end of 2020 and 8 percent since the OPEC+ meeting two weeks ago, but the rally has nothing to do with the short-term oil demand outlook. […]
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