In the year following Russia’s invasion of Ukraine, the EU has faced enormous pressure to mitigate energy security risks and protect itself against the soaring costs of fossil fuel imports. Gas prices skyrocketed to an unprecedented high of €313 / MWh as Russia cut pipeline exports...
Hyliko plans to integrate Toyota’s 2nd generation hydrogen fuel cell modules into heavy-duty trucks for their zero-emission fleet offering. This latest cooperation into the truck sector further expands Toyota’s portfolio of partnerships where it provides its fuel cell technology for hydrogen solutions across diverse sectors...
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its fourth quarter results. We generated the following financial results for the fourth quarter of 2022: Net Income Attributable to Genesis Energy, L.P. of $42.0 million for ...
DUBLIN--(BUSINESS WIRE)--The "Energy Expert Suite - Online (United States)" directory has been added to ResearchAndMarkets.com's offering. Knowing how important it is for you to stay current with FERC's evolving regulations, procedures and policies. W...
Ferrari announced the renewal of its partnership with VistaJet, the global private jet company. It continues as an Official Partner of the Scuderia’s Formula 1 team and will now also support Ferrari’s World Endurance Championship programme, running the 499P Hypercar. This is the fifth year of...
Africa Oil Corp. noted the press release by its investee company, Impact Oil & Gas Limited ("Impact"), regarding the imminent commencement of a multi-well appraisal and exploration drilling program in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56). Africa Oil holds...
CapeOmega and Neptune Energy today announced NoordKaap, a project concept for a cross-border CO₂ storage solution for industrial emitters across Europe. NoordKaap would involve transporting CO2 via vessels suitable for directly injecting the CO₂ at offshore locations and for terminal offloading. RWE has signed a...
Bell Textron has completed its first flight fueled solely by 100% sustainable aviation fuel (SAF) with its Bell 505 becoming the first-ever single engine helicopter to fly using 100% SAF. This milestone flight was achieved by a close cooperation between Bell, Safran Helicopter Engines, GKN...
Neste and Wizz Air have agreed on the supply of Neste MY Sustainable Aviation Fuel™ from 2025 onwards. The agreement gives Wizz Air the opportunity to purchase 36,000 tons of Neste-produced sustainable aviation fuel (SAF) per annum over a period of three years for the...
INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion. The deal marks INEOS Energy’s entry as operator into...
Brent Crude stood at $83.05/bl, OPEC basket price at US$81.94/bl. Oil prices is predicted to rise because of undersupply and a demand rebound, despite the U.S. interest rate hikes. China's oil imports is likely to hit a record high in 2023 and so is demand from...
A consortium led by zero-emission vessel provider ACUA Ocean in partnership with zero-emission infrastructure provider Unitrove has won a multi-million pound UK government grant in a major push to decarbonise the maritime sector. The “Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED)” consortium...