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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 & Gas Supply
European Oil and Gas Majors’ Exposure to Russia Is Limited
European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …
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 …
United States
Private Investment in California's Solar Energy Industry Increases Climate Vulnerabilities, Study Finds
Energy systems development is driven more by financial considerations than environmental ones, leaving customers more vulnerable to the effects of climate chang…
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…
Investigating an Innovative Solution for Thermal Energy Storage
A PCM's ability to absorb and release energy has recently attracted more attention because of society's shift from fossil fuels towards renewable energy sources…
Coal Mine
Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives
Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to sup…
Ukraine
Could the Russia-Ukraine Conflict Accelerate the Shift to Green Energy?
The crisis in Ukraine has forced Western countries to reevaluate their reliance on Russian energy.
Coal Trade
China Could Turn to Indonesia for Coal as Russian Exports Are Disrupted, Says CLSA
Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA.
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…
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.
Oil Price
Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply
China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob…
Oil Price
Price Hikes Won't Hit Petrol Demand
The domestic retail rates of petrol and diesel have remained unaltered since the beginning of November. Oil marketing companies are widely expected to raise pri…
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 …
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