Energy

Crude Oil

Eni Suspends Russia Oil Purchase over Ukraine Invasion

Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.

Electric Car

Tesla Reportedly Sees 100% Increase In Orders In Some Areas Of US

We predicted there would be a huge surge in EV sales as gas prices soar, and it appears to have already begun.

OPEC

G7 Energy Ministers Call on OPEC to Play 'Key Role' in Boosting Oil Supplies

G7 energy ministers on March 10 called on OPEC to "play a key role" in boosting oil supplies to international markets where production is not meeting full capac…

Electric Car

How the World’s Big Three Car Markets Fared on Electric Vehicles in 2021

Now that we have the statistical data for the year 2021 complete, it is time for a comparison of the current status of electric vehicle uptake in the three larg…

Electric Car

Why Russia’s Invasion and Surge in Oil and Metals Prices is Bad News for EVs

The cost of filling up the tank of an internal combustion engine car will make people think about going electric.

Electric Car

Tesla Hikes Price of Long Range Model 3 and Model Y in US, China

Electric vehicle giant Tesla has lifted its car prices, again – this time of the US Model Y SUV and Model 3 Long Range sedan by $US1,000 each, as well of some …

Geothermal Power Plant

Why Aren’t Investors Interested in Geothermal Energy?

Geothermal energy could potentially power the world for generations to come, making greater investment and research into new technologies a vital part of renewa…

Coal Price

Ukraine Crisis Could Send Coal Prices to $500

Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.

Coal Price

Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says

Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…

Crude Oil

Biden Walks Tightrope Between Need for Oil and Push to Go Green

With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…

South Korea

Generating Carbon-Free Fuels

A metal foam could underpin a low-cost method for generating carbon-free fuels, researchers from KAUST have shown.

Crude Oil

Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons

Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.

Floating Solar Project

Thailand Makes Green Push with Floating Hydro-Solar Power Project

A vast array of solar panels floats on the shimmering waters of a reservoir in northeast Thailand, symbolising the kingdom's drive towards clean energy as it se…

Oil Price

EIA Hikes Oil Price Forecast To $105 This Year

The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…

Oil Exploration

PM of Barbados Defends Country’s Oil and Gas Exploration

Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…