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Oil Price

Fuel Prices on Saipan up 20 Cents

FUEL prices on Saipan went up by 20 cents on Friday and Saturday as the Russian invasion of Ukraine continues to spook global markets.

Oil Shale

OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket

Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …

Oil Price

Want Lower Oil Prices? First You Need Higher Ones

There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not …

Oil Price

Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction

High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…

Crude Oil

China Scrambles to Ensure Energy Security as Commodities Soar

China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu…

Oil Price

OPEC Has No Control over Events Roiling Global Oil Markets

OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…

Offshore Wind Power

TerraSond Supports Vineyard Wind 1 Project

TerraSond, a product and service line brand in Acteon’s geo-services segment, plans to invest in a new base in Massachusetts, US, as part of its commitment to …

Natural Gas

Gas Prices Hit Nearly $7 in Parts of Southern California

Gas prices continue to increase and there doesn't seem to be any signs of it slowing down.

Oil Price

Saudi Aramco Raises April Crude OSPs to Asia, Europe, US

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…

Crude Oil

China Confident of Ensuring Energy Supply Despite Challenges

China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price…

Rooftop PV System

France Announces 52 Winners in Rooftop Solar Tender

France’s first tender for commercial and industrial (C&I) rooftop solar systems under the country’s PPE2 multi-year energy procurement programme has resulted …

Electric Car

Report: Tesla Owner In China Faces Shocking $600,000 Supercharging Bill

An interesting story was recently reported by the Chinese media about a strange bug in the Tesla Supercharging billing system.

Finland

Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig

Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…

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…

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…