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Equinor inaugurates world's largest floating wind power farm in Norway

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions

read more... 23/08/2023

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Electricity exchanges urge Spain, Portugal not to act alone on power prices

Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.

read more... 27/04/2022

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Honda to develop three new EV platforms by 2030, including one with GM

Honda plans to build millions of electric vehicles by 2030 using three new dedicated platforms, with one to be jointly developed with General Motors, Shinji Aoyama, Honda's global head of electrification, said.

read more... 25/04/2022

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Ford CEO calls on US government to support EV batteries, charging

Ford Motor Co's Chief Executive on Wednesday called on the US government to support battery production and charging infrastructure development, as he outlined the automaker's plan to develop electric platforms for its top-selling trucks, vans and SUVs.

read more... 26/02/2021

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Daily (07.10.2020): Oil prices continued to climb on Tuesday amid widening strike in Norway, hurricane supply disruptions

Crude oil futures surged over 3% on Tuesday, spurred by widening strike of oil workers in Norway, and the start of evacuations from oil platforms in the Gulf of Mexico ahead of the expected arrival of Hurricane Delta. Additionally, the return of the president to the White House to continue his coronavirus treatment triggered a general rally in asset markets. Hence, Brent crude for December delivery soared by $1.36 a barrel, or 3.3%, to settle at $42.65 a barrel. Meanwhile, U.S. WTI crude for November delivery settled at $40.67 a barrel, surging by $1.45, or 3.7%.

read more... 07/10/2020

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