Ces

Natural Gas

China's First Self-Run Deep-Sea Field Produces 1 Billion Cubic Meters of Natural Gas

The Shenhai-1, the first deep-sea gas field fully operated by a Chinese company, has produced over 1 billion cubic meters of natural gas, said the operator Chin…

Nuclear waste

Sellafield Waste Transfer Facility Completes Test Run

The Box Encapsulation Plant Product Store has successfully completed its first dry run of a storage box being transferred from road to its long-term storage vau…

Oil Price

Oil Drops Affter Russia Says Some Troops Returning to Bases

Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.

Clean Coal

Coal Power’s Bleak Future

Dubai’s recent step to walk away from its planned clean coal power plant could shut down doors for any future coal developments in the Middle East as the regio…

Crude Oil

Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output

Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…

Oil Price

Asia's Energy Markets Watching for Russia-Ukraine Fallout

Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.

Oil Price

Serbia Caps Fuel Retail Prices for 30 Days

Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…

Net Zero Emission

Nuclear Power May Be the Key to Least-Cost, Zero-Emission Electricity Systems

Nuclear power generation can play a crucial role in helping the world reach a key goal of zero carbon emissions by the middle of the century, especially in coun…

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.