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Oil & Gas Trade
US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says
US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …
Electric Car
U.S. Clean Energy Investments Topped $100b in 2021
A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.
Ukraine Crisis Has Rewired Thinking on Future of Energy for Europe
Effects of sanctions, informal bans, war disruption and Russian counter-measures risks supplies of fossil fuels, fertilisers, food, aluminium, metals used in ba…
Crude Oil
China Scrambles to Ensure Energy Security as Commodities Soar
China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu…
Natural Gas
How Europe Can Reduce Its Dependence on Russian Natural Gas
Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o…
Wind Power Project
U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why
New wind installations fell in 2021 as the industry faced a series of challenges, including supply chain headwinds, logistics logjams and international trade ba…
Oil Price
OPEC Has No Control over Events Roiling Global Oil Markets
OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…
Natural Gas
EU Says Independence From Russian Gas Is Possible Within Years
The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief …
Ireland
Wind Energy Supplied Record High of 53% of Electricity Demand in February
Wind Energy Ireland said that wind energy provided 53% of the country's electricity needs last month - the highest share of demand ever achieved by wind in Irel…
Oil Price
Saudi Aramco Raises April Crude OSPs to Asia, Europe, US
Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…
Hydrogen Project
Washington Green Hydrogen Alliance launched
Washington’s commitment to hydrogen just got a lot bigger with the launch of a new association dedicated to reducing air and water pollution, creating clean en…
Crude Oil
China Confident of Ensuring Energy Supply Despite Challenges
China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price…
Crude Oil
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…
Natural Gas
Gas Production in Azerbaijan Increased by 12.9%
According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.
Oil & Gas Supply
Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War
In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …
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