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Oil & Gas Trade
Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister
Sri Lanka needs 1,285 million US dollar for oil imports in the next three months, of which 500 million will come from an Indian credit line, Energy Minister Uda…
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Nord Stream 2
Biden Unveils Sanctions on Russian Businesses After 'Premeditated' Ukraine Attack
President Joe Biden hit Russia with a wave of sanctions on Thursday after Moscow invaded Ukraine, measures that impede Russia's ability to do business in major …
Oil & Gas Supply
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s…
Hydropower Plant
Hydro Production Likely to Rise in Pacific Northwest, EIA Says
With “mixed water supply conditions” in the Pacific Northwest, hydroelectric production should rise in 2022.
Natural Gas
Israel to Increase Natural Gas Export to Egypt through Jordan Pipeline
Israel will begin exporting an additional 2.5 billion cubic meters of gas to Egypt this month via the Jordan pipeline.
Solar Company
Strong Demand Outlook for Domestic Solar OEMs: ICRA
Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…
Oil Price
Supply Shortages are Wreaking Havoc on The energy Industry
The energy sector is facing shortages on all sides, with commodity prices soaring around the world and very little hope that it will be solved in the near term.
Russian Federation
What the Ukraine Conflict Means for Europe’s Energy Crisis
If Russia invades Ukraine, Europe will find itself in direct conflict with its biggest energy supplier.The Ukrainian military on exercises in 2018. Credit: Ukra…
Coal Mine
Glencore Coal Mine in Spotlight as Methane Hotspot Emerges
Satellite data showing methane emissions near a Glencore Plc coal mine in Australia is putting pressure on one of the world’s largest commodity trading houses …
Nuclear Reactor
DOE Launches Credit Program to Help Preserve Nation’s Nuclear Fleet
The U.S. Department of Energy (DOE) is seeking input on a newly established $6 billion program aimed at supporting the continued operation of U.S. nuclear react…
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Geothermal Power Plant
Geothermal Power Needs Policy Boost to Stay on the Net-Zero Track
Its annual capacity additions averaged only 500MW annually in the last five years.
Hydrogen Fuel Cell Vehicle
212 Hydrogen Fuel Cell Buses to Serve at the 2022 Winter Olympic
With the 2022 Winter Olympics heading to Beijing, China, hydrogen will play a significant role in ensuring a smooth operation of the event in addition to reduci…
Electricity Transmission
France Power Imports Fall in January
France kept its position of net power importer for the third consecutive month, despite being traditionally a net power exporter, but flows declined on the mont…
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