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Oil Price

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortf…

Oil Price

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesd…

Oil & Gas Trade

Angola Crude Oil Exports Increased by 3% During Q4 2021

The Republic of Angola, sub-Saharan Africa’s second-largest crude producer, saw an increase of 3% in crude oil exports

Oil Price

UAE Fuel Prices Increase by 11% in March; Cross Dh3-Mark Per Litre

The UAE on Monday increased oil prices for March 2022 by up to 11 per cent per litre as compared to February, in line with the surge in global crude prices due …

Oil Price

Idaho Gas Prices Hold Steady, but the National Average is Soaring

Russia’s invasion of Ukraine is already having far reaching effects, bringing another wave of higher crude oil prices and sending the national average price of…

Enlit Asia

Enlit AsiaEvent Date: 20 – 22 September 2022Venue: BITEC, Bangkok, Thailand.About Enlit AsiaFrom source to generation, from grid to consumer, the boundaries of…

Crude Oil

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets

The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…

Net Zero Emission

Zero Emission Zone Created in Oxford, UK

Oxford City Council had yesterday launched the UK’s first ‘Zero Emission Zone’ (ZEZ), which will mean daily charges on drivers of all petrol and diesel vehic…

Hydrogen Fuel Cell

Spain to Gain its ‘First’ Hybrid Hydrogen Fuel Cell System to Decarbonise Construction Sites

Spain will receive a boost to its hydrogen ecosystem today (March 1) with AFC Energy and ACCIONA revealing that its “first” hybrid hydrogen fuel cell system w…

Electricity Transmission

Ofgem Boosts National Grid’s Green Energy Projects with £1.5m

Some 13 energy network projects designed to accelerate Britain’s progress towards net zero have secured £1.5 million in funding from Ofgem.

Coal Trade

SWIFT Ban Hits Russian Coal Exports to China

Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sa…

Solar Power Plant

Investec Launches Africa’s Largest Solar Rooftop PV Plant

Investec Property, a South African private client manager, is gearing up to install the continent’s largest solar PV rooftop plant at Cornubia Mall in Kwa-Zulu…

Coal Company

After 139 Years of Coal Mining, Peabody Expands into Solar

Peabody Energy Corp, the biggest U.S. coal producer, is expanding into clean energy.

Electric Car

GM Sells Its Stake in Embattled EV Start-Up Lordstown Motors

General Motors sold its stake in Lordstown Motors during the fourth quarter following an undisclosed lock-up period, the Detroit automaker confirmed Tuesday.

Nuclear Power Plant

Ukraine Asks IAEA for 30km Safe Zones Around Nuclear Plants

The head of Ukraine's nuclear power plant operator Energoatom has asked the International Atomic Energy Agency (IAEA) to intervene to help keep the area around …