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Oil & Gas Trade

Vietnam: 25%Fuel Shortage To Be imported

the Vietnam Oil and Gas Group to give detailed notice of the supply situation as soon as possible so that petroleum companies can proactively plan to import to …

Carbon Emissions

China Sees Biggest Growth in Energy and Coal Use Since 2011

China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…

Electric Car

India: Central Government Replacing Fuel Vehicles With EV's

Since the Electric Vehicle Policy in August 2020 was implemented, various departments and autonomous bodies of the Delhi government have started replacing old p…

Oil & Gas Supply

Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?

Russia and Ukraine are major exporters of food and agricultural products, and if these products are disrupted then there could be significant unrest in the MENA…

Oil Price

West Still Reluctant to Target Russian Energy on Economy Fears

Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…

Crude Oil

White House Vows to Avoid Future Sanctions on Russian Crude Oil

The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …

Oil Price

Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil

Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.

Coal Production

India Approves Offering Coal for Sale Through Single E-Auction Window

India has approved the offering of non-linkage coal by producers to both power and non-regulated sectors through a common e-auction window instead of the sector…

Offshore Wind Power

EDP Wins 400 MW of Offshore Wind Power in the US

Ocean Winds, owned by EDP Renováveis and Engie, has closed a 20-year power purchase agreement for 400 MW in the United States to provide clean offshore wind en…

Energy Efficiency and Conservation Policy

The National Energy Efficiency and Conservation Authority (Neeca) of Pakistan has released a draft of energy efficiency and conservation policy for the review a…

Electric Vehicle Charging

Tesla Opens Free Supercharging for all EVs in Areas Affected by Ukraine Invasion

Tesla has opened its Superchargers – for free charging – to all makes of electric cars in parts of Europe affected by the Russian invasion of Ukraine.

LNG

Germany Plans to Become Independent from Russian Oil

Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…

Natural Gas

Gas Prices Soar Amid Crisis In Ukraine

The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…

Russian Federation

Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy

President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…

Oil & Gas Trade

BP to Exit its 20% Stake in Russian Oil Giant Rosneft

BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.