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Natural Gas
Greece to Launch New Gas Trading Hub on March 21
A new Greek natural gas trading platform will go live on March 21, enhancing interconnectivity and supply security in the region amid volatility on global marke…
Coal Production
New Coal Mine Projects Seen Swelling Global Methane Emissions by a Fifth
Global methane emissions from the extraction of coal could rise by as much as 21.6% if all new mining projects now under development go into operation
Wind Power Project
Vestas Secures First Estonian Wind Project
Vestas has received a 21 MW order from Enefit Green AS’s subsidiary, Enefit Wind Purtse, for the Purtse wind project in Estonia, which represents Vestas’ mark…
Crude Oil
Brent Crude Down Almost 6% but Still Above US$100 a Barrel
Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…
Crude Oil
Global Crude Oil Prices Extend Losses Ahead of Fed Meeting
Brent crude futures were last down by $3.05 or 2.7% at $109.62 a barrel at 0351 GMT on Monday.
Oil Exploration
Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp
Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…
Crude Oil
Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…
Crude Oil
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…
Rooftop PV System
China Drives Rooftop Solar Growth
China is driving growth in rooftop solar photovoltaic (PV) capacity after it increased its installations to 27.3 gigawatts (GW) in 2021 from 19.4GW in 2017.
LNG
Dutch Limit Gas Production at Groningen Despite Energy Crisis
The Dutch state announced in 2019 that Groningen output would end by October 2022 to limit seismic risks in the region, with gas only to be extracted thereafter…
Coal Production
China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…
Coal Company
MCL Becomes the Largest Coal Producing Company in India
On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…
Coal Price
Coal Prices Soar to 200 Year High
Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests.
EV Market
Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric
Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …
Wind Farm
140MW Wind Farm Starts Feeding South Africa’s Grid
African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…
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