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Coal Price

Spot Coal Prices Hit Record on High Demand, Hoarding

Power producers said this would substantially raise power tariffs, particularly the spot prices, while coal companies said the coal being bought is meant for me…

Energy Transition

As EU Leaders Split on Russian Energy Sanctions, Commission Moots 5-year Plan

The European Commission is drawing up plans for the EU to stop importing Russian fossil fuels by 2027, as national leaders disagree on the pace of a pivot to ot…

Natural Gas

Why LNG Won’t Fully Replace Russian Gas in Europe

Europe faces a number of challenges in importing more U.S. LNG.

Germany

German Finance Minister Plans Gasoline Discount

German Finance Minister Christian Lindner plans to introduce a discount on gasoline to help motorists cope with soaring prices, Bild daily reported on Sunday.

Oil Price

Oil Prices Fall, Continuing Downward Trend From Last Week

Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to h…

Oil Price

Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads

The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…

Crude Oil

What the Bans on Russian Fossil Fuels Actually Mean

Prices are up—but so is the pressure to switch to electric everything.

Electric Car

Tesla Reportedly Sees 100% Increase In Orders In Some Areas Of US

We predicted there would be a huge surge in EV sales as gas prices soar, and it appears to have already begun.

Oil Price

Petrol Prices to ‘Keep Climbing’

Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.

Electric Car

Why Russia’s Invasion and Surge in Oil and Metals Prices is Bad News for EVs

The cost of filling up the tank of an internal combustion engine car will make people think about going electric.

Electric Car

Tesla Hikes Price of Long Range Model 3 and Model Y in US, China

Electric vehicle giant Tesla has lifted its car prices, again – this time of the US Model Y SUV and Model 3 Long Range sedan by $US1,000 each, as well of some …

Coal Price

Ukraine Crisis Could Send Coal Prices to $500

Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.

Coal Price

Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says

Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…

Crude Oil

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…

Crude Oil

Biden Walks Tightrope Between Need for Oil and Push to Go Green

With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…