Video | What China’s electrolyser market means for global manufacturers
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OPEC+ Decides to Boost Output
A statement posted on OPEC’s website on Sunday revealed that Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman decided, in a virtual meeting held on May 3, to boost…
Climeworks signs first AI carbon removal deal
By 27 min ago 2 min read Carbon dioxide (CO2) removal company Climeworks has signed its first carbon removal portfolio agreement with AI infrastructure company NTT Data. The agreement provides…
Australia and Japan Deepen Energy Ties With New Supply Chain Pact
The prime ministers of Australia and Japan today inked an energy cooperation agreement that also covers critical mineral supply. Australia is a leading supplier of energy commodities to resource-poor Japan…
Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output
Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output…
‘Lab-on-a-chip’ device could speed up CO2-to-fuels
By 28 min ago 3 min read A device developed by researchers at the University of Surrey in the UK could accelerate the development of cleaner fuels and energy technologies.…
US to Guide Trapped Ships through Hormuz
President Donald Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz starting Monday. “The Ship movement is merely…
Centrica looks to Delta for SOFC systems for European data centres and industry
By 51 min ago 2 min read UK energy firm Centrica is teaming up with Taiwan’s Delta Electronics to roll out solid oxide fuel cell (SOFC) power systems in the…
Venezuela Oil Exports Hit Seven-Year High
Venezuela’s oil exports rose to 1.23 million barrels per day (bpd) in April, the highest level since 2018, as shipments to the United States, India, and Europe accelerated. Exports climbed…
Chevron Earnings Top Estimates While Refining Swings to Loss
Chevron beat first-quarter expectations as higher oil prices lifted upstream earnings, offsetting a sharp swing to losses in refining. Adjusted earnings came in at $1.41 per share, well above expectations.…
