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Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…
Wind Power Project
K2 Management Bags 2 Wind Projects in Pakistan
Renewable energy engineering firm K2 Management (K2M) has been appointed as the independent engineer to two Liberty Wind projects in Pakistan, which has a com…
Firm, Siemens Energy Seal Power Deal
Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to…
Oil & Gas Supply
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Wind Power Project
Uzbekistan Announces Wind Project
Uzbekistan’s Ministry of Energy announces a milestone development at its 100 MW Nukus wind project, in conjunction with its operational partner, ACWA Power, th…
Australia
The Billionaire Attempting to Kill Australia’s Coal Industry
In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…
LNG
Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…
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 …
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…
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 Mine
Coal India February Output Rises 4% YoY
Coal India Limited (CIL) produced 64.3 million tonnes (MTs) of coal in February, about 4% growth 61.9 MTs in corresponding month year ago.
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