JLR said that by testing EVs on site it would minimize the cost of shipping prototype cars around the world.
read more... 25/10/2023
Crude oil prices moved downwards yesterday, as the markets were optimistic that diplomatic efforts could defuse the conflict in the Middle East. Furthermore, persistent global issues, such as elevated debt levels and instability in the property sector, exerted additional pressure on prices. As a result, Brent crude declined by 2.5% to end at $89.83 a barrel. Meanwhile, U.S. WTI crude traded 2.9% lower at $85.49 a barrel.
read more... 24/10/2023
Eleven EU member states have called on the European Commission to help boost renewables, cut red tape, and facilitate the necessary legislation to get projects off the ground in a joint communication sent last week, ahead of the European Wind Power Package, due Tuesday (24 October).
read more... 24/10/2023
Italy has failed to approve a decree aimed at promoting the country's energy security, two government officials said on Monday, signalling internal disagreements within the coalition.
read more... 24/10/2023
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency said, undercutting the rationale for any rise in investment.
read more... 24/10/2023