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Global Marine Fuel Sales Jump in 2024 on Red Sea Diversions

Global Marine Fuel Sales Jump in 2024 on Red Sea Diversions

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping companies to divert vessels around southern Africa rather than through the Red Sea, according to data and analysts

Croatias Verne, VGP Start Construction of Autonomous EV Plant

Croatia's Verne, VGP Start Construction of Autonomous EV Plant

Croatia-based autonomous mobility company Verne said on Tuesday the construction of its first production facility for autonomous electric vehicles (EV) has started near the capital Zagreb in cooperation with VGP, a pan-European provider of logistics and semi-industrial real estate

Europe’s Renewables Market Powers Battery Storage Boom

Europe’s Renewables Market Powers Battery Storage Boom

Europe’s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors, project developers and traders, as the cost of new projects falls

Türkiye Awards Six Contracts for 800 MW Solar Projects

Türkiye Awards Six Contracts for 800 MW Solar Projects

Türkiye awarded six contracts on Tuesday under its latest Renewable Resource Areas (YEKA) solar auction with a combined capacity of 800 megawatts, and is expected to generate an investment of approximately $500 million

OPEC+ Sticks to Oil Policy, Ditches US Government Data

OPEC+ Sticks to Oil Policy, Ditches US Government Data

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts

Debunking Myths About Gas to Europe

Debunking Myths About Gas to Europe

As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas, and, of course, how oil and gas companies make investment decisions and where the most likely markets for our gas are

Advent Technologies 2.0: A New Era of Growth and Innovation

Advent Technologies 2.0: A New Era of Growth and Innovation

Advent Technologies SA, a Greece based technology company, has entered a new era of growth.  Its new board members, Mr. Vasilis Bournas, Mr. Dimosthenis Dimopoulos, and Mr. Konstantinos Ferderigos, bring their strong business experience to Advent

Chevron, Engine No. 1 and GE Vernova Team Up to Power US Data Centers

Chevron, Engine No. 1 and GE Vernova Team Up to Power US Data Centers

US energy giant Chevron announced on Tuesday its partnership with Engine No. 1 and energy company GE Vernova to form a new company 'to develop scalable, reliable power solutions' for US data centers powered by domestic natural gas