Clock starts for Germany’s next wind farm
German energy company E.ON said Thursday the start of turbine installation at the Arkona wind farm in the Baltic Sea sets the clock ticking for a 2019 launch. The company Continue Reading
Electric vehicles ‘cost-competitive by 2024-25’: Oxford summit
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
Yamal LNG’s carriers pass Northern Sea Route in 9 days on way to China
Russian Novatek-led Yamal LNG project has sent two Arc7 ice-class LNG carriers destined to China via the Northern Sea Route in just nine days with no icebreaking support, marking the Continue Reading
Oil falls as Trump urges OPEC to cut prices, market anticipates China/U.S. trade tariffs
Oil prices fell on Thursday after U.S. President Donald Trump sent a strident tweet demanding that OPEC cut prices for crude. The escalating trade row between Washington and Beijing, which Continue Reading
Brent crude firms on drop in U.S. oil inventories, Iran threat
Brent oil rose on Wednesday, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row. The price Continue Reading
The Most Overlooked Renewable Energy Source
Battery-powered electric vehicles have been stealing the spotlight from fuel cell vehicle technology, despite the fact that the latter has been around for a decade or two longer than battery Continue Reading
Ghost ships no more: Explorers resume oil, gas search as prices perk up
A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume Continue Reading
Iran’s Guards threatens to block oil shipments in Gulf
An Iranian Revolutionary Guards commander said on Wednesday that Tehran will block oil shipments through the Strait of Hormuz in the Gulf if the United States bans Iranian oil sales. Continue Reading
Iran Threatens To Close Crucial Oil Chokepoint
Iranian president Rouhani stated on Tuesday in Bern, Switzerland that his country could block the Strait of Hormuz for all Arab shipping traffic if Washington fully implements its zero oil Continue Reading
US Navy ‘stands ready’ to protect Hormuz after Iran threatens crude oil exports
The US military has reiterated its pledge to protect oil tankers sailing through the Strait of Hormuz after Iran’s president suggested shipments from the region could be disrupted in response Continue Reading