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#oilprice.com. × Big Tech Backs Tripling of Global Nuclear Power Capacity by 2050 | OilPrice.com. Tech giants Amazon, Google, and Meta, among other large energy users, have pledged their support to triple global nuclear capacity by 2050, citing its essential role in energy security and clean energy

#oilprice.com. × Battery Pack Prices Drop Below Key Threshold but China Rules the Market | OilPrice.com. The global average price of EV battery packs has dropped below $100 per kilowatt-hour, a key milestone for EV price competitiveness, with China leading in both market share and lower prices.

#oilprice.com. × Sinopec Adds 1.3 Billion Barrels of Shale Oil Reserves | OilPrice.com. Sinopec has certified 1.3 billion barrels of new shale oil reserves in eastern China, despite the challenges of deep underground extraction.

#oilprice.com. × Brazil’s Lula Defends Oil Exploration In The Amazon | OilPrice.com. Brazilian President Luiz Inacio Lula da Silva is pressuring the country’s environmental regulators to approve oil drilling near the mouth of the Amazon River

#oilprice.com. × Malaysia State Oil Giant Petronas Looks to Boost Production | OilPrice.com. Petronas aims to significantly increase Malaysia's oil and gas production to 2 million boepd by 2027, focusing on key development projects, exploration activities, and carbon capture technology.

#oilprice.com. × Baker Hughes Beats Expectations With Q4 Results | OilPrice.com. Baker Hughes reported a significant increase in profits and cash flow in Q4 2024, driven by strong performance in its natural gas technology business.

#oilprice.com. × Shell Leads the $1.4-Billion Carbon Credits Market | OilPrice.com. Shell is the top buyer of carbon credits in the voluntary market, outpacing other energy and tech giants in offsetting emissions.

#oilprice.com. × U.S. Grid Investments Jump as AI Leads Power Demand Surge | OilPrice.com. US utilities are investing billions in power transmission and grid upgrades to meet the rising electricity demand driven by AI, data centers, and other factors.

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