Sticker shock and limited infrastructure to support alternative vehicles has limited their sale in the domestic market, a U.S. energy report found. The U.S. Energy Information Administration reported battery-powered vehicle Continue Reading
Leading politicians, oil ministers and CEOs will meet at the St. Petersburg Economic Forum this week to discuss key issues affecting the energy sector, including recent oil price rises, the Continue Reading
British oil giant BP Plc said it plans to cut 3 percent of jobs in exploration and production, as part of a restructuring of its global upstream business to make Continue Reading
BP Ventures has provided US$20 million in funding to an Israeli startup that makes ultrafast-charging batteries, which aims to make it possible for electric cars to charge in just five Continue Reading
The European Union’s energy chief said on Wednesday he had reached out to Russia and Ukraine to relaunch EU-mediated talks over their gas dispute and continued gas transits via Ukraine Continue Reading
BP Ventures has invested $20 million in Israel-based ultra-fast charging battery developer StoreDot . ( Earlier post .) StoreDot has developed a lithium ion-based battery technology which enables ultra-fast charging Continue Reading
Some investors bet that the “lower for longer” price mantra is all but over. (Bloomberg) — Brent crude oil grabbed all the attention after spot prices hit $80 a barrel Continue Reading
Oil prices moved slightly higher in early Monday trading on easing U.S.-Chinese trade tensions, but could rally higher on heightened U.S.-Iranian tensions. After a weekend of trade work, U.S. Treasury Continue Reading
U.S. oil prices are lagging behind global oil prices climbing toward $80 a barrel, the latest sign of a market that has gone from glutted to exceptionally tight in the Continue Reading
Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum, and expectations are that the business meeting will provide the Continue Reading
