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Oil Price

Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine

Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were…

Oil Price

‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel

Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.

Crude Oil

Continental to Boost Oil Output by a Third in 2022

Continental Resources expects to increase oil output by as much as one third this year after snapping up assets in the Permian basin.

Net Zero Emission

UK's National Grid to Get Grid Stability Services from Renewables for First Time

Britain's National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to deca…

LNG

Asian LNG Prices Stable but Rises Expected on Colder Weather

Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east…

Oil Price

Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

Oil Price

Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says

An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.

Oil Price

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis

Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…

Natural Gas

Equinor Posts US$15bn Earnings on High Gas Prices

Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.

Natural Gas

Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?

In the UK and similar nations, the gas crisis is ballooning electricity prices too.

Carbon Emissions

Scaling Up Battery Production Reduces Carbon Emissions Significantly

New research from Chalmers University of Technology in Sweden shows how scaling up production through enormous 'gigafactories' can cut the environmental impact …

Oil Price

Higher Oil & Gas Prices Lift TotalEnergies Profit

French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …

Nuclear Reactor

Macron Bets on Nuclear in Carbon-Neutrality Push, Announces New Reactors

​France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of …

Hydrogen Project

Octopus and BayWa r.e. Join Forces to Boost Green Hydrogen

Octopus Energy and BayWa r.e. have signed an agreement to collaborate on green hydrogen projects across the UK.

Nearly 20% of Scottish Firms ‘Expect to Reduce Operations Due to Rising Energy Prices’

One-in-five businesses in Scotland expect to reduce operations this year due to the increase in energy prices.