Dit

Oil & Gas Supply

European Oil and Gas Majors’ Exposure to Russia Is Limited

European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …

Crude Oil

EU Leaders Tackle Escape Route From Russian Fossil Fuels

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.

CNOOC

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field

Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…

Coal Mine

Australia Pushing Higher Coal Exports to Europe

Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…

Natural Gas

Chevron CEO Announces Israel Gas Pipeline Could Supply Europe

Europe’s natural gas shortage has renewed talk of the EastMed pipeline – a Mediterranean Sea pipeline that could carry gas from Israel to European customers.…

Hydrogen Production

Air Liquide Gains French State Support for 200MW Normandy Hydrogen Production Project

Normandy, France, will gain a 200MW electrolyser project from Air Liquide in order to boost the European hydrogen sector whilst additionally receiving support f…

Energy Storage Battery

PV to Account for About Half of Planned US Utility-Scale Capacity Additions

The US Energy Information Administration says that over the next two years, 60% of new capacity additions in the United States will be solar or battery energy s…

Coal Price

U.S. Coal Prices Soar as War Drives Global Commodities Rally

Concerns of a looming global shortage of coal are driving up prices in every U.S. region that has access to export markets.

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 Field

Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield

The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude

Rooftop PV System

U.S. Coal Company Plans 3.3 GW of PV, Along with Storage Facilities

US coal company Peabody Energy Inc., Riverstone Credit Partners and Summit Partners Credit Advisors launched the joint venture R3 Renewables LLC.

Electric Car

Tesla to Win Approval for $5.5 Billion Berlin Gigafactory on Friday

The German state of Brandenburg has called a news conference for Friday at which it is widely expected to approve Tesla’s 5 billion euro ($5.5 billion) gigafac…

Crude Oil

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…

Oil Price

Russia’s SWIFT Ban Could Send Shockwaves Through Oil and Commodity Markets

Russia’s decision to invade Ukraine was originally met with a relatively tepid response from world leaders, but now sanctions are intensifying key Russian bank…

Nuclear Power Plant

Ukraine Says Nuclear Plants 'Operating Normally'

The State Nuclear Regulatory Inspectorate of Ukraine, in its update at 08:00 local time (06:00 GMT) on Monday 28 February said, there have been "no violations" …