Tali Aiona | EyeEm | Getty ImagesDanish energy firm Orsted is pushing ahead with plans to develop a demonstration project which will harness offshore wind energy to produce "green" hydrogen. In an announcement Wednesday, the company said it had taken a final investment decision on the 2 megawatt...
The U.S. will always play an important role in global energy markets, even though President-elect Joe Biden is likely to be less vocal than President Donald Trump about oil, the UAE's energy minister told CNBC ahead of Inauguration Day."The United States of America is a major player now...
An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020.Leonard Ortiz | MediaNews Group | Orange County Register | Getty ImagesDUBAI — Oil-producing group OPEC will continue to strengthen its relationship with the U.S. energy industry under Joe Biden's new administration, the oil cartel's Secretary...
From Jeep to Maserati, Stellantis to roll out 10 new EV models in 2021Search quotes, news & videos (Source)
Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas.Cooper Neill | ReutersHalliburton reported on Tuesday quarterly results that topped analysts' expectations amid strong revenue from its North America business.The oilfield services company posted a profit of 18 cents per share on revenue of $3.24 billion...
A worker holds a fuel pump nozzle at a gas station in Shah Alam, Malaysia, on Tuesday, Jan. 12, 2021.Samsul Said | Bloomberg | Getty ImagesLONDON — The International Energy Agency on Tuesday cut its 2021 global oil demand forecast, citing soaring Covid-19 cases and renewed lockdown measures...
Middle East oil security in pipelines, not tankers: Dan BrouilletteSearch quotes, news & videos (Source)
President-elect Joe Biden's expected pick for Energy secretary has ties to several influential political donors, including companies from an industry she may have to regulate if she is confirmed by the U.S. Senate.Jennifer Granholm, the Democratic former governor of Michigan, is likely to be formally announced as Biden's...
Canoo's van – known as a multipurpose delivery vehicle, or MPDV, because of the ways it can be upfitted – is designed for commercial customers.CanooElectric vehicle start-up Canoo unveiled a new delivery van Thursday ahead of its public debut on the Nasdaq next week.The futuristic-looking van — known...
General Electric's renewable energy division has been chosen as the preferred turbine supplier for the third and final phase of an offshore wind farm that's set to be the largest on the planet.According to an announcement from SSE Renewables on Friday, a 14 megawatt (MW) version of GE's...