Arc

Net Zero Emission

Net Zero Technology Centre Opens New £10m Initiative Programme to Support Hydrogen Innovation

The UK’s Net Zero Technology Centre has launched its £10m ($13m) open innovation programme that is aiming to support zero-emission technologies with hydrogen …

CCS

New Study Confirms CO2 Can Be Stored Below Ocean Floor Sediments

Climate change is one of the most unrelenting challenges that humanity is facing. To fight its potentially disastrous effects, researchers are looking for innov…

Oil Price

Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction

High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…

Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab

An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.

Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

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…

Coal Company

Supply to Power Sector at Record High, Says Coal India

Coal India’s (CIL) on Friday said its supplies to power sector peaked to record high of 493 million tonnes (MTs) on March 3 of the ongoing fiscal breaching the…

LNG

Ukraine Will Import Gas From Poland From March 6

Ukraine from March 6 will be able to import gas from Poland, including gas from Polish LNG terminals, Ukrainian state-run gas transit system operator said on Sa…

Natural Gas

L.A. Gas Price Average Surges Past $5, a Record High

Ellina Abovian reports for the KTLA 5 Morning News at 11 on March 3, 2022.

Electric Car

First Hon Hai-Developed Electric Bus Delivered to Kaohsiung City

Kaohsiung, March 3 (CNA) An electric bus developed by a subsidiary of Taiwan-based Hon Hai Technology Group was delivered to Kaohsiung City government Thursday …

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…

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…

Crude Oil

Canada Eyeing Russian Oligarch Holdings in its Oil-Rich West

Canada is examining assets of Russian oligarchs and considering more sanctions, Finance Minister Chrystia Freeland said, as Western nations increase pressure on…

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

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 …