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Crude Oil

India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies

India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.

Coal Mine

Coal Shortage a Worry as Power Demand Rises

Rising power demand has triggered coal shortage concerns in the power industry that say coal stocks at stations are not adding up at the required rate.

Nuclear Power Plant

IAEA Calls Extraordinary Meeting to Discuss Ukraine Nuclear Safety

​The International Atomic Energy Agency on Sunday said it was calling an extraordinary meeting of its board of governors next week "to discuss the current situ…

Thermal Plant

Thermal Coal Price Hit All-Time High as Europe Scrambles for Fuel

Australian thermal coal price hit an all-time high following Russia’s invasion of Ukraine.

LNG

Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face

Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…

Geothermal Power Plant

Second Successful Well Re-Drilled in Bad Urach Geothermal Heating Project

Borehole Urach 4 is the second well re-drilled from old wells for the Bad Urach geothermal heating project in Germany.

Oil Price

Oil Surges on Russia Nuclear Alert as Sanctions Intensify

Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …

Geothermal Power Plant

Why we are Entering the Golden Decade for Geothermal?

In a feature report on geothermal, Baker Hughes shares its views on why and how geothermal will certainly play an increased role in global energy in the next de…

OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data

OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…

Oil Price

Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies

Oil prices receded to below $100 a barrel at the end of trading on Friday after breaching the psychological level to reach prices not seen since 2014.

Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project

Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in r…

Electric Vehicle Charging

Siemens Unveils Easy-to-Deploy EV Charging Concept

Siemens Smart Infrastructure has unveiled a new sustainable, EV charging concept structure designed for electrifying fleets and high demand charging application…

United States

Progress on Iran Nuclear Deal, but Tough Issues Remain

Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…

Natural Gas

Germany Halts Gas Pipeline, Predicts Russia Will Lose Other Energy Customers over Ukraine

Germany’s vice chancellor said Thursday that Russia’s attack on Ukraine is “completely illogical” and will backfire, causing western nations to stop buying …

Offshore Wind Power

U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…