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Electrification

IRENA and China State Grid Pave Way Towards Smart Electrification

“Future power grids will be very different from the current ones and will require smart electrification solutions as renewable energy is growing faster than ev…

India

Indian Non-Hydropower RE Manufacturers Should Gear up for Increase Domestic Demand

Non-hydropower renewables manufacturers in India, particularly solar, should prepare for an increase in domestic demand due the government’s green hydrogen pol…

LNG

Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt

Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.

Carbon Pricing

Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market

Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.

Oil & Gas Supply

Nigeria Fuel Disruption Continues

As the recent su standard import of fuel continues to affect fuel distribution in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has released …

Oil & Gas Trade

Vietnam: 25%Fuel Shortage To Be imported

the Vietnam Oil and Gas Group to give detailed notice of the supply situation as soon as possible so that petroleum companies can proactively plan to import to …

Carbon Emissions

China Sees Biggest Growth in Energy and Coal Use Since 2011

China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…

Oil Price

West Still Reluctant to Target Russian Energy on Economy Fears

Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…

Oil Price

Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil

Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.

Coal Production

India Approves Offering Coal for Sale Through Single E-Auction Window

India has approved the offering of non-linkage coal by producers to both power and non-regulated sectors through a common e-auction window instead of the sector…

Electric Vehicle Charging

Tesla Opens Free Supercharging for all EVs in Areas Affected by Ukraine Invasion

Tesla has opened its Superchargers – for free charging – to all makes of electric cars in parts of Europe affected by the Russian invasion of Ukraine.

LNG

Germany Plans to Become Independent from Russian Oil

Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…

Natural Gas

Gas Prices Soar Amid Crisis In Ukraine

The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…

Russian Federation

Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy

President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…

Oil & Gas Trade

BP to Exit its 20% Stake in Russian Oil Giant Rosneft

BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.