Russia

Oil Price

India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?

India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…

Oil Price

Oil Jumps as EU Weighs Russian Embargo

Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…

Wind Power Project

Netherlands Doubles Wind Energy Targets for 2030

The Dutch government on Friday doubled its forecasts for offshore wind power generation in the country by 2030 as the Netherlands seeks to curb its reliance on …

LNG

LNG Projects in the Gulf of Mexico Boosted as Russian Gas Alternative

Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price collapsed, it laid off 40 percent of its staff, and …

Joe Biden

Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel

Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil an…

Oil & Gas Supply

German Gas Supply Concerns Mount for Coming Winter

Germany, which relies heavily on Russian gas, has major concerns over securing supplies for next winter and is doing all it can to secure alternatives, Minister…

Natural Gas

Gas Prices Decline Around Nation Amid Falling Oil Prices

Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invas…

Joe Biden

EU to Mull Russian Oil Embargo with Biden Set to Join Talks

EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…

Oil Price

Oil Climbs on Pressure From Ukraine Conflict, Tight Market

Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…

Nuclear Power Plant

Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.

LNG

Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence

Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …

Australia

Australia Bans Alumina Exports to Russia, Sources Coal for Ukraine

Australia has imposed an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia.

Nuclear Reactor

Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…

Oil & Gas Supply

Europe Can Survive Throughout Summer Without Russian Gas

If Russian flows continue, the European Union (EU) and the UK will end this winter’s heating season with 27 billion cubic meters (bcm) of gas in storage.

Crude Oil

Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets

Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…