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Oil Price

India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices

India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…

Carbon Pricing

Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market

Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.

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.