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Oil Price

Oil Extends Losses; Russia to Fulfil Supply Contracts

Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil Exploration

ONGC Conducts Seismic Surveys in Tripura to Identify Oil Reserves

ONGC started drilling in Tripura back in 1962. The national oil and gas explorer was awarded acreages at Central Baramura, Aramura Bulge, Tichna and Khubal area…

Natural Gas

U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop

U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…

Carbon Neutral

JD.com Builds China’s First Carbon-Neutral Intelligent Industrial Park

Chinese tech and e-commerce giant JD.com announced on Wednesday that its “Asia No.1” logistics park in Xi’an, Shaanxi Province, has obtained certificates for…

Oil & Gas Supply

OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia

The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…

India

India’s Place in the New Hydrogen World Order

Higher fossil fuel prices are making green hydrogen comparatively cheaper, which could accelerate India’s transition to the clean fuel.

Carbon Emissions

Fighting Climate Change with Carbon Capture and Utilization Technologies

Last month the Biden-Harris administration unveiled ambitious plans to reduce carbon emissions through clean manufacturing that include federal investments of m…

United States

Private Investment in California's Solar Energy Industry Increases Climate Vulnerabilities, Study Finds

Energy systems development is driven more by financial considerations than environmental ones, leaving customers more vulnerable to the effects of climate chang…

Electric Car

California Can Set Rules on Electric Vehicles, Emissions -U.S. EPA

The U.S. Environmental Protection Agency (EPA) on Wednesday restored California's ability to set its own zero-emission vehicle sales mandate and tailpipe emissi…

Investigating an Innovative Solution for Thermal Energy Storage

A PCM's ability to absorb and release energy has recently attracted more attention because of society's shift from fossil fuels towards renewable energy sources…

Oil Price

UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge

Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.

Coal Price

Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan

Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago.

Hydropower Plant

NTPC Completes Trial of Unit-3 of Nabinagar Power Generating Company

State-owned NTPC Limited on Wednesday announced that unit-3 of the 660 MW capacity of Nabinagar Power Generating Company Limited has successfully completed the …

Clean Energy Transition

India Targets 85% of Energy Needs from Green Sources

According to the proposal prepared by the renewable energy ministry, coal-fired capacity will initially rise to 267 GW by 2030 from the present 210 GW and, subs…