Wealthy homeowners are scooping up billions of dollars in tax credits for making their residences more energy efficient, while the poor are getting almost nothing under the same Biden administration effort. That’s according to an […]
Tyre wear in EVs emit more particles than tailpipe emissions from a combustion engine. In this Net Hero Podcast, Sumit Bose speaks to Founder and CEO of Emissions Analytics, Nick Molden who said: ‘Typically we […]
After the New Jersey Board of Public Utilities (NJBPU) formally stopped Ørsted’s Ocean Wind One and Two projects, the Danish developer has been forced to delay another major project in the US. Even though Ørsted […]
Oslo-listed Subsea 7 has won a sizeable EPC and offshore installation contract in the US Gulf of Mexico from an undisclosed client. The scope of work includes engineering, procurement, construction, and offshore installation of a […]
Danish utility Ørsted has abandoned its pioneering e-methanol project under construction in northern Sweden, blaming poor market growth and difficulty in securing long-term offtake contracts. Ørsted assumed full ownership and took a final investment decision […]
ExxonMobil Corporation XOM, the U.S. energy giant, has begun a workforce reshuffle, leading to layoff notices for 59 employees, per a Reuters report. This move is part of XOM’s broader workforce restructuring plan following its ($60 […]
Planned maintenance in Norway, Europe’s top gas supplier, could increase gas and LNG prices this summer. Geopolitical tensions in the Middle East and Ukraine raise concerns about gas supply disruptions, further impacting prices. New LNG […]
Iran’s Central Bank has reportedly been hit by a major cyberattack, causing widespread disruption to the country’s banking system. The attack comes amid heightened tensions with Israel, and some speculate it could be a retaliatory […]
China’s coal imports are soaring, driven by rising power demand and low international prices. LNG imports have also increased due to lower spot prices and growing demand for transportation fuel. Crude oil imports have declined, […]
Oil prices rose after a two-day slump, fueled by worries about potential conflict in the Middle East following the killing of a Hamas leader. This price increase came despite a surprise inventory build reported by […]
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