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Chinese BYD hogs global EV market, dwarfs Tesla

Chinese automaker BYD outsold Tesla by a wide margin last year with the help of its inexpensive electric cars. BYD has now become the biggest EV maker in the world, according to the South China Morning Post, but only when…

Sony, Honda unveil Afeela EV

Sony Honda Mobility Inc. has declared that its electric vehicle will launch under the brand Afeela, the latest debut in a field already crowded by earlier entrants such as Tesla Inc. While unveiling the venture’s first prototype during Sony’s CES…

Germany hits 50,000 megawatts of wind power

Germany has declared that it has generated over 50,000 megawatts of electricity from wind, as the European continent tries to diversify its energy sources in the face of gas wean from Russia. Reports by agency sources quoted that data from…

Gas man in the Decade of Gas: Aka Nwokedi drives NGA into 2023

Sopuruchi Onwuka As his entire life continues to swirl in the world of petroleum gas, Mr Akachukwu Adeyinka Nwokedi enters the new year with a new role that will properly define him as a complete gas man who will lead…

Investors willing to stake $40 bn in gas development _OPTS

Sopuruchi Onwuka Some key players in the upstream petroleum industry have accepted to collectively shoulder some $40 billion investments in new development if the government would dismantle operational challenges that impact returns on investments. The pledge came in response to…

Mozambique’s FLNG comes online

BP loads first cargo Italian energy company Eni said Wednesday that Mozambique’s president was on hand for an inauguration ceremony marking the first shipment of liquefied natural gas from the nation. President Filipe Jacinto Nyusi visited the Corul-Sul floating liquefied…

MIT reports breakthrough in solid-state lithium battery development

Massachusetts Institute of Technology’s new discovery could finally usher the development of solid-state lithium batteries, which would be more lightweight, compact, and safe than current lithium batteries. The growth of metallic filaments called dendrites within the solid electrolyte has been…

AAPL, partners ink deal for 300 MW power plant in Calabar

Alternative Petroleum and Power Limited (APPL), on November 10, signed an Engineering Procurement and Construction (EPC) contract with Bergen Engines of Norway and Diesel Electric Pty Ltd of South Africa. The EPC agreement which was signed at the Executive Chamber…

China’s Sinopec lands $60 bn LNG deal with Qatar Energy

China’s Sinopec on Monday concluded a $60 billion long term gas sales and supply agreement with the Middle East’s largest gas factor, Qatar Energy, setting a benchmark for the world’s biggest transactions for largest volumes of supply. Under the terms…

Gas scramble: Japan says LNG is sold out until 2026

The Japanese Ministry of Trade has sounded alarm of medium term gas crunch, pointing out that long-term contracts fLNGor liquefied natural gas shipments are sold out until 2026 due to limited liquefaction capacity at a time Europe unplugged from Russian…