Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they turn in record profits - a dynamic that could spell tight supply and high prices as clean energy alternatives seek to fill the void.
EnergySep 21, 2023Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in U.S. crude stockpiles.
EnergySep 21, 2023The 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporation (Sinopec Group), has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.
EnergySep 21, 2023Windrose Technology has successfully completed 40 days and over 10,000km of high-temperature and high-altitude testing of its next-generation zero-emissions truck. The Windrose electric heavy-duty truck proved its performance, adaptability, and reliability under extreme conditions. This test was a joint effort between world-leading sports goods retailer Decathlon and a leading logistics fleet Rokin with over 1,500 trucks, in preparation for delivery starting 2024.
EnergySep 21, 2023
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