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Nuclear Power Plant

UK Nuclear Site Choices 'Should be Reusable'

With the planned expansion of nuclear power in the UK, the government needs to harness community support and include the full lifecycle when considering propose…

Carbon Pricing

Ukraine Invasion Crashes Carbon Credit Prices

The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…

Oil Price

Oil Extends Losses; Russia to Fulfil Supply Contracts

Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil Price

EIA Hikes Oil Price Forecast To $105 This Year

The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…

Oil Exploration

PM of Barbados Defends Country’s Oil and Gas Exploration

Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…

Oil Exploration

ONGC Conducts Seismic Surveys in Tripura to Identify Oil Reserves

ONGC started drilling in Tripura back in 1962. The national oil and gas explorer was awarded acreages at Central Baramura, Aramura Bulge, Tichna and Khubal area…

Natural Gas

U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop

U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…

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 …

Oil & Gas Supply

OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia

The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…

India

India’s Place in the New Hydrogen World Order

Higher fossil fuel prices are making green hydrogen comparatively cheaper, which could accelerate India’s transition to the clean fuel.

Carbon Emissions

Fighting Climate Change with Carbon Capture and Utilization Technologies

Last month the Biden-Harris administration unveiled ambitious plans to reduce carbon emissions through clean manufacturing that include federal investments of m…

United States

Private Investment in California's Solar Energy Industry Increases Climate Vulnerabilities, Study Finds

Energy systems development is driven more by financial considerations than environmental ones, leaving customers more vulnerable to the effects of climate chang…

Investigating an Innovative Solution for Thermal Energy Storage

A PCM's ability to absorb and release energy has recently attracted more attention because of society's shift from fossil fuels towards renewable energy sources…

Coal Mine

Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives

Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to sup…