Energy

China Forms New State Body to Find Oil and Gas Reserves Deep Underground

China Forms New State Body to Find Oil and Gas Reserves Deep Underground

China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.


Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules

A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.

Omega Power: Leading the Charge in Safer, Higher Energy Density American-Made Batteries for Domestic OEMs

Omega Power Batteries Corp., a lithium-ion battery startup, is on a mission to revolutionize the American energy landscape and make its initial impact in the underserved but very profitable product applications outside of the dominant electric vehicle (EV) market. Recognizing a critical shortage of domestically produced batteries for these smaller-scale applications, the company is stepping up to fill this gap while prioritizing safety, sustainability, and national security.

Texas Grid Prepares for Highest-Ever Power Demand Due to Summer Heat Wave

High temperatures in Texas are expected to drive high electricity demand this summer, with the state's grid operator forecasting record-breaking usage in June and July.


Latest News

Albanese Government Delivers 2024 Budget
Peter Dutton's plan to introduce nuclear power across Australia met with strong resistance due to potential taxpayer burden, with critics citing similar international ventures costing billions.
Ecuador Hit by Nationwide Power Blackout
A power blackout affected the whole of Ecuador on June 19, 2024, which left the whole country and its 18 million people without power.
YouSolar's PowerBloc Unit
By providing reliable energy storage, affordability, and grid independence, YouSolar's state-of-the-art approach enhances the accessibility and reliability of solar power solutions. How does YouSolar do it? Through its modular design, direct current infrastructure, and versatile applications, YouSolar's Nanogrid technology is creating a path for the widespread adoption of renewable solar energy and, ultimately, a sustainable future.
US Senate Approves Bill to Boost Nuclear Energy Development and Deployment
The US Senate has approved a bill to speed up the deployment of nuclear energy capacity. The US Senate approved on Tuesday a bill to speed up the deployment of nuclear energy capacity.
Naieel Technology: Developing Essential Nanomaterials to Fuel Fundamental Advancements in AI, Batteries, and Beyond
Without advancements in nanomaterial production, the potential for progress and benefits across various industries is limited, thereby resulting in reduced innovation in materials science, slower advancements in electronics and energy storage, and missed opportunities in medical and environmental applications. Fortunately, Naieel Technology is at the forefront of developing these essential and advanced nanomaterials.
Why are Oil Companies Thriving During Joe Biden's Term? Here's What Charges Oil & Gas Industry Profits
Why are oil companies raking hundreds of billions during Joe Biden's term? Is POTUS to blame? Here are the latest details.
US-ECONOMY-OIL-MERGER
Oil prices surged as Goldman Sachs predicted a supply deficit due to summer demand, aiming for Brent crude to hit $86 per barrel despite OPEC+ production increase.
diesel
Diesel prices in Malaysia rose about 50% on June 10 due to the government's revised approach to fuel subsidies to cut spending and save billions of ringgit.
NZ Plans to Revoke Previous Government’s Oil Drilling Ban
The New Zealand government of PM Christopher Luxzon announced that it would revoke a ban on drilling for oil and gas passed by the previous government of Jacinda Ardern and Chris Hipkins before they were voted out of power.
SAUDI-ARAMCO-ENERGY
Saudi oil giant Aramco’s shares rose after a major $11.2 billion stock sale amid strong demand, aligning with Saudi Arabia's Vision 2030.
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