Electric Vehicles Near 30% of Worldwide Car Sales
The International Energy Agency projects global electric vehicle sales will reach 23 million in 2026, accounting for nearly 30% of all new car sales...
UK Eases Russian Oil Sanctions Amid Iran Energy Crisis
According to the Financial Times, the UK government has eased new sanctions on Russian oil and gas products to prevent fuel supply disruptions during...
US Pressure Traps Iranian Crude in the Persian Gulf
The Financial Times reports that a US blockade is significantly disrupting Iran’s oil exports, forcing it to store growing volumes of crude on aging...
US Pushes Forward With Next-Generation Nuclear SMR Projects
The US Department of Energy has awarded over $94 million to eight companies to accelerate the deployment of advanced small modular reactors (SMRs) and...
Vietnam’s Largest Refinery Maintains Stable Output Through June
Vietnam’s largest refinery is expected to maintain stable operations through the end of June, according to Bloomberg. The facility has secured sufficient crude supplies...