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Oil Price

Oil Prices Rise Over $2 On Drawdown In U.S. Crude Stocks

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantHOUSTON, Dec…

Coal Mine

Teck Sells Closed Quintette Coal Mine For $120 Million

The Quintette steelmaking coal mine has been on care and maintenance since 2000. (Image courtesy of Teck Resources.)Teck Resources (TSX: TECK.A | TECK.B) (NYSE:…

Oil & Gas Supply

European Gas Shortages To Keep Wholesale Prices High This Winter And Next

New modelling from Cornwall Insight included in our report - ‘Another winter of discontent?’ - has shown wholesale gas prices this December have mor…

Carbon Emissions

Low Carbon Fuels Coalition Announces New Executive Committee

On Oct. 28, the Low Carbon Fuels Coalition, a technology-neutral trade association with a proven track record of supporting and expanding clean fuel standards, …

Geothermal Power Plant

EDC Announces Five-year Geothermal Capacity Expansion Plan

60 MW Mahanagdong geothermal power plant, Leyte, Philippines (source: EDC)Philippine-based geothermal developer Energy Development Corporation (EDC) has at leas…

Oil Price

Oil Prices sSteady Amid Rising Covid-19 Cases In Top Crude Importer China

The US said it would replenish its Strategic Petroleum Reserve, starting with a purchase of 3 million barrels of crude. ReutersOil prices were steady on Tuesday…

Crude Oil

Oil Rises On Hopes For China's Economy; Recession Fears Limit Gains

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantNEW YORK, De…

Natural Gas

EU Countries Agree Gas Price Cap To Contain Energy Crisis

BRUSSELS, Dec 19 (Reuters) - European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opin…

Hydrogen Fuel Cell

Biden-Harris Administration Announces $750 Million to Accelerate Clean Hydrogen Technologies

The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today (Dec 16) announced its intent to issue $750 million in funding from Presiden…

Liquid Hydrogen

Plug Power To Use 75 Nikola Tre FCEV For H² Logistics

The US fuel cell specialist Plug Power announces that it will buy 75 units of the Nikola Tre FCEV H2 truck within three years and supply customers in North Amer…

Coal Mine

Australia Revises Up Resources Export Earnings To $308bn For FY23

Australia revised upwards its resources and energy export earnings for the current financial year to hit a record A$459 billion ($308 billion) on Monday, as the…

Renewables

3rd Annual Floating Solar PV Forum

3rd Annual Floating Solar PV Forum27th - 28th June 2023Hybrid Event | Amsterdam| NetherlandsFloating solar is an emerging concept that makes use of a portion of…

Oil Field

Fire Under Control At Unit Of Siberian Oil And Gas Condensate Field

MOSCOW, Dec 18 (Reuters) - A unit at an oil and gas condensate Markovskoye (Markovsky) field in Russia's Irkutsk region in Siberia caught fire over an area …

Natural Gas

Egypt Discovers Large Gas Field in Mediterranean, Minister says

Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla attends a session at the Egypt's 5th Petroleum Show "EGYPS 2022" at the capital city …

Oil Price

EU Considers Lower Gas Price Cap In Hunt For Monday Deal

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves HermanBRUSSELS, Dec 18 (Reuters) - Eu…