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India To Develop EV Eco System Through State-Owned Oil Marketing Companies

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India is on the fast track of expanding their EV infrastructure with the help of India’s OMCs (Oil marketing companies). The plan was officially declared by Indian Oil Chairman Shrikant Madhav Vaidya in 2021. According to the chairman, the company’s initial phase will concentrate on nine cities.

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Noble Energy announces new exploration discoveries offshore Israel and in the deepwater Gulf of Mexico

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announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. The Tamar SW well offshore Israel, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals.

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ATP making strategic expansion into deepwater Israel

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ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea, is expanding its deepwater operating and infrastructure expertise to offshore Israel. Paul Bulmahn, Chairman and CEO. Earlier post.).

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Indian Oil Corp exploring hydrogen to use as eco-friendly fuels 

Electric Vehicles India

Indian Oil Corp exploring hydrogen to use as eco-friendly fuels . Indian Oil Corporation’s research and development (R&D) centre is exploring how the hydrogen can be used as fuel since early 2000s in their recent test the hydrogen has been mixed with the compressed natural gas (CNG) to make H-CNG. Indian Oil Corp.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Those nations are one of the global’s greatest oil exporters, and but, they’re marching into the unutilized power car transition. Up to now, Zeekr has entered Eu markets in Sweden, the Netherlands, and Germany, and signed commitments with companions in Israel and Kazakhstan. billion USD trade in with Saudi Arabia.

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Primus Green Energy to produce biojet fuel

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Israel Corp. a US subsidiary of Israel Corporation’s renewable energy unit IC Green Energy Ltd., has developed a gasification-based process to convert agricultural biomass into standard automotive fuels at a competitive production cost compared with the price of oil. unit reports biomass fuel breakthrough Globes.

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Better Place closes $200M Series C financing; valuation now $2.25B

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Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

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