Oil and Gas
Shell profit tumbles on falling oil and gas prices
London (AFP) Feb 1, 2024 - British energy giant Shell on Thursday said its net profit more than halved to $19.4 billion last year as oil and gas prices weakened.
Oil and Gas
Yemen’s Huthis fire missiles at US warship: rebel statement
Sanaa (AFP) Jan 31, 2024 - Yemen's Huthi rebels fired several missiles at a US warship in the Red Sea, they said on Wednesday, hours after the US military reported shooting down a missile.
Oil and Gas
Senator decries Biden administration ‘hostility’ toward LNG industry
Washington DC (UPI) Jan 30, 2024 - Louisiana Republican Sen. John Kennedy wrote in a Monday Wall Street Journal op-ed that he will block all of President Joe Biden's State and Energy department nominees until the administration stops what he called hostility toward the liquid natural gas industry.
Energy News
UK climate watchdog accuses Sunak of sending ‘mixed signals’
London (AFP) Jan 30, 2024 - Britain's top climate change advisory body on Tuesday accused Prime Minister Rishi Sunak of creating mixed signals and a perception of slowing UK climate ambition, as it demanded renewed action.
Energy News
Chile’s whirlwind energy transition leaves workers stranded
Tocopilla, Chile (AFP) Jan 30, 2024 - Vultures soar above the mining town of Tocopilla, where Chile's dizzying transition away from coal-fueled energy has left dozens of workers idle and unsure of their future.
Energy Tech
Innovative study reveals lithium-ion batteries’ potential for hydrogen production
Nagoya, Japan (SPX) Jan 29, 2024 - In a groundbreaking development for both the battery and sustainable energy industries, a team of researchers from Meijo University has unveiled a novel approach to hydrogen storage and production u
Energy Tech
Innovative use of femtosecond lasers converts glass into semiconductor
Lausanne, Switzerland (SPX) Jan 29, 2024 - In a remarkable breakthrough in material science, researchers have developed a method to transform ordinary glass into a light-energy harvesting semiconductor. This novel discovery, stemming from a
Energy Tech
Innovative control of fusion plasma achieved through digital twin technology
Tokyo, Japan (SPX) Jan 29, 2024 - In a significant advancement for fusion energy, a collaboration of Japanese researchers has demonstrated predictive control of fusion plasma using a digital twin, marking a pivotal step in the devel
Energy Tech
Bipartisan bill addressing lithium-ion battery fires awaits congressional action
Washington DC (UPI) Jan 29, 2024 - With electric bikes growing in popularity, poorly manufactured lithium-ion batteries and electronics have led to a spate of fires. New congressional legislation aims to fix the problem.
Energy Tech
Rwanda signs lithium deal with Rio Tinto
Kigali (AFP) Jan 29, 2024 - Rwanda has signed an agreement with Australian mining giant Rio Tinto for the exploration and mining of lithium in the East African nation, the two parties said Monday.
Oil and Gas
British navy ship repels Huthi rebel attack: minister
London, United Kingdom (AFP) Jan 28, 2024 - British Defence Minister Grant Shapps on Sunday said the UK remained undaunted after Huthi rebels attempted to attack a navy ship in the Red Sea.
Oil and Gas
Climate crisis prompts Biden to halt new gas export facilities
Washington (AFP) Jan 26, 2024 - The United States, which ships more liquefied natural gas than any other country, is hitting pause on approving new export facilities, the Biden administration announced Friday in a step seen as vital to tackling the climate crisis.
Oil and Gas
U.S. ship comes under Houthi attack near Yemen
Washington DC (UPI) Jan 25, 2024 - Less than a day after the United States launched its ninth attack against the Houthi rebels in Yemen, the Iran-backed militants attacked another U.S.-owned ship transiting the Gulf of Aden.
Oil and Gas
U.S., Britain sanction Houthi leaders over Red Sea attacks
Washington DC (UPI) Jan 25, 2024 - The United States and Britain announced sanctions Thursday targeting four Houthi leaders, as the ally nations, which have launched joint military attacks against the rebels in Yemen in recent weeks, employ their financial vises to deter the Iran proxy group from its continued attacks of commercial shipping vessels.
Energy News
EU rules have failed to cut car C02 emissions: report
Paris (AFP) Jan 24, 2024 - Bigger, more-powerful cars have negated the impact of tighter CO2 emissions regulations in the EU, a report by the bloc's internal auditor found Thursday.
Oil and Gas
Groundbreaking discovery enables cost-effective and eco-friendly green hydrogen production
Ulsan, South Korea (SPX) Jan 24, 2024 - A breakthrough technology has been developed that enables the production of green hydrogen in a more cost-effective and environmentally friendly manner, bringing us closer to a carbon-neutral societ