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Oil Price

Crude Oil Surges on Russia Oil Embargo Risk

WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,…

Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

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. …

Oil & Gas Trade

Ukraine: Workers Refuse to Unload Russian Oil from Ship

Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.

Oil Price

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…

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…

Hydropower Plant

Work for 500 MW in NHPC Subansiri Lower Hydroelectric Project to be Completed by August 2022

Work for the 500 MW in NHPC Subansiri Lower Hydroelectric Project (2000MW) will be completed by August 2022, Arunachal Pradesh Deputy Chief Minister, Chowna Mei…

Hydrogen Production

Is Hydrogen The Key To A Greener Shipping Industry?

Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical …

Hydropower Plant

NHPC's 2,880 Dibang Hydropower Project Expected to Begin During Apr-Jun: CMD

NHPC's 2,880-megawatt (MW) Dibang hydropower project in Arunachal Pradesh is expected to kick-off in the first quarter of 2022-23 "with in-hand forest and envir…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…

Electric Car

Why Ford’s Big EV Split Decision May Get Even Bigger in the Future

Ford’s move says the EV business, while promising, isn’t ready for independence, and some on Wall Street agree.

Natural Gas

Denmark to Boost Defence Spending and Phase out Russian Gas

Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …

Net Zero Emission

Net-Zero Carbon Emissions Should Not Mean the End of Fossil Fuels – Natural Gas and LNG Must Be Part of the Energy Future

Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil f…

Oil&Gas Drilling

America is Finally Cleaning up its Abandoned, Leaking Oil Wells

Washington is making a concerted effort to plug these wells through a $4.7 billion fund, passed as part of an expansive overhaul of the nation's infrastructure.