LNG is normally ferried by large vessels with 70.000-ton capacities.
Read More »Oil Prices Rise in Volatile Conditions
Instability had spurred a price rise in the oil market. and Psychologically speaking. there is somewhat of an upward trend in oil prices currently.
Read More »BP to Sell North Sea Assets to Premier Oil in £475m Deal
It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020.
Read More »Toyota Unveils Plans for Prototype City of the Future in Japan
The Woven City will be located at the base of Mount Fuji and powered by hydrogen fuel cells and solar panels.
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It is set to launch eight new electric or hybrid car models across all of its brands this year. including its new flagship ID.3 EV.
Read More »Gold Is Better Hedge than Oil amid Middle East Crisis
Oil prices had peaked to their highest levels since the assault on two Saudi Arabian production facilities last September.
Read More »Tesla Record Pushes Norway’s Share of Electric Car Sales to 42%
Electric cars’ share of new registrations in Norway surged to a record in 2019. helped by Tesla Inc.’s best year ever in the Nordic country.
Read More »Equinor Ups Its Stake in Scatec Solar to 15.2%
The Norwegian energy firm recently invested £64mto buy an additional 6.5m shares in the solar firm.
Read More »PowerHouse Energy Snaps Up UK Firm Waste2Tricity
The latter company is developing a way of producing hydrogen from waste plastic. with a view to completing the first facility this year.
Read More »Norway’s Equinor Targets Near Zero Emissions by 2050
It has also set near term goals to cut emissions in Norway by 40% by 2030 and 70% by 2040.
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