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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 Price

EIA Hikes Oil Price Forecast To $105 This Year

The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…

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…

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…

Crude Oil

Tullow Oil Sees Ghana Offshore Fields Production at 150,000 Boe/d by 2025

West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent …

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…

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…

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

Bill Would Halt New Hydroelectric Projects in Panama

A group of Panamanian lawmakers submitted a draft bill to the national assembly that would declare a 15-year moratorium on granting permits and concessions for …

Joe Biden

Solar Costs Jumped in 2021, Reversing Years of Falling Prices

Solar costs rose in 2021 partly because of supply chain constraints, according to a report released Thursday by the Solar Energy Industries Association and Wood…

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…

Carbon Emissions

Global Energy-Related CO2 Emissions ‘Hit Highest Level in History in 2021’

Increased use of coal was the main factor driving up emissions by over two billion tonnes, according to the IEA.

Coal Mine

Coal India Receives 100% Booking in its First Single-Window E-Auction

Coal India’s (CIL) on Wednesday said its first-ever offer of nearly 5.2 Lakh Tonnes (LTs) of coal under the recently revamped single-window e-auction received …

Natural Gas

Gas Prices Reach New High in N.S., Costs Skyrocket in Atlantic Canada

The price of gas has reached a new high in Nova Scotia for the third time in a week, rising another 10.9 cents overnight.

CPS Energy Exploring Novel Geomechanical Pumped Storage Technology

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore i…