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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.

SMR

Rolls Royce Appoints SNC-Lavalin for Next Phase of SMR Programme

Project management services provider SNC-Lavalin has been appointed by Rolls-Royce SMR to provide engineering services for the new phase of its business.

Wave Energy

INGINE Announces 2022 Wave Energy Plans

South Korean wave energy developer INGINE is revealing ambitious growth plans for 2022, plotting further global expansion and new projects to accelerate commerc…

Oil Price

White House: No Oil Producer Should Hold Back Supply As Oil Hits $90

The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…

Oil Price

TotalEnergies: High Oil Prices Are Here To Stay

TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.

LNG

SSY: LNG Supply and Demand Maintain Volatile Market

Shipbroker Simpson Spence Young (SSY) looks at what’s behind the rise of LNG prices and the impact this has on the LNG shipping market.

Crude Oil

Oil Falls on Positive Signals from U.S.-Iran Talks

Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…

Crude Oil

Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges

Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.