In a hearing at the Delhi High Court this week, Tesla said the Indian company had continued advertising its products with the “Tesla Power” brand
Category: Energy
117 GW of new wind power installed globally in 2023, making it the highest on record.
An industry trade body recently released a report stating that 2023 was the best year ever for new wind projects, with 117 gigawatts of new
Aramco expects a healthy global oil market in 2024 and plans to increase its investments in China.
Amid expanding and robust oil demand in China, Saudi Aramco’s chief executive, Amin Nasser, announced on Sunday that the oil giant was exploring other investment
Diamondback Energy to acquire Endeavour in a $26b deal will create a drilling giant and climate threat.
In a deal for over $26 billion in cash and stock, Diamondback Energy will acquire rival Endeavour Energy Resources to establish a drilling behemoth in
Europe’s green energy boom is in crisis, with over 95% reliance on Chinese solar panels.
The switch to green energy in Europe is caught in a difficult situation. Record solar energy installations are being driven by a rush of low-cost
Shell, to achieve net zero by 2050 will shut the German oil refinery and divest from Singapore.
Shell stated on Friday that, as part of its effort to lower its carbon emissions, it will close its oil refinery in Wesseling, Germany, by
The US refilled its strategic oil reserve with 3 million barrels after the market steadied following Russia’s incursion into Ukraine.
The U.S. Department of Energy announced on Tuesday that contracts to buy three million barrels of oil have been finalized, contributing to the replenishment of
Angola quits Saudi-led OPEC in a surprise move.
The Saudi-led club of oil producers, OPEC, has been trying in recent months to get support for more output cutbacks aimed at maintaining oil prices.
Elon Musk says climate change is exaggerated, but oil and gas are still relevant.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
Exxon–Pioneer $60b blockbuster merger deal to be reviewed by FTC.
Securities documents reveal that ExxonMobil is under investigation by federal regulators for its $60 billion acquisition of a Texas oil business, which would make it
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