Crescent Petroleum and Dana Gas have successfully initiated commercial gas sales from the KM250 expansion at the Khor Mor facility in Iraq’s Kurdistan Region. This significant project was completed eight months ahead of schedule, enhancing the region’s energy capacity and supporting its growing demand for electricity. Expansion Details The KM250 project, which represents a $1.1…
China is poised to significantly alter the electric vehicle (EV) market with a new regulation that mandates a minimum electric range for plug-in hybrid electric vehicles (PHEVs). Starting January 1, 2026, all PHEVs exported from China must achieve at least 100 kilometers of battery-only range. This move is expected to reshape the automotive industry both…
The global landscape of rare earth elements (REEs) has become increasingly contentious, particularly in the context of US-China relations. As both nations grapple with economic and strategic interests, the significance of these critical minerals has surged, prompting discussions about supply chains, tariffs, and national security. Understanding Rare Earth Elements Rare earth elements comprise a group…