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Offshore Wind Power
NYC to Turn Brooklyn Port into a Hub for Offshore Wind Farm Construction
Equinor, a wind-developer company, partnering with the city said it will invest between $200 million and $250 million in infrastructure upgrades to retrofit the…
Crude Oil
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Nuclear Power Plant
Europe's Largest Nuclear Power Plant on Fire After Russian Attack
The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, was on fire early on Friday after an attack by Russian troops.
Natural Gas
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
United Kingdom
Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year
Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…
United Kingdom
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…
Crude Oil
U.S. Crude Oil Production Unchanged Last Week: EIA
U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …
Oil & Gas Supply
Oil, Gas Demand Eemains Robust
Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from dome…
EV Market
EV Sales Jump Again as Petrol Prices and Supply Chains Take Toll on Fossil Car Market
Electric vehicle sales more than doubled in February, compared to last year, in yet another encouraging result for the market in the light of a supply crunch, d…
Electric Car
Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030
South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…
Hydrogen Fuel Cell Vehicle
Five Hydrogen Buses to Hit the Roads in Palma De Mallorca, Spain
Hydrogen buses will be hitting roads in Palma de Mallorca with Solaris revealing today (March 3) plans to establish the zero-emission buses on the Spanish city…
Oil Price
Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap
OPEC and its allies, including Russia, remain on track to approve a 400,000 b/d production hike for April, according to delegates, insisting that no oil supply …
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…
Crude Oil
Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…
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