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Oil Field

Bohai Sea Oilfield Output Exceeds 500 Million Tons

The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has …

LNG

Dutch Limit Gas Production at Groningen Despite Energy Crisis

The Dutch state announced in 2019 that Groningen output would end by October 2022 to limit seismic risks in the region, with gas only to be extracted thereafter…

Offshore Wind Power

GE Exec Expects Rebound for Renewables

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…

EU

EU Will Need Five Years to Ditch Russian Energy

Europe plans to phase out its dependency on Russian oil, gas and coal by 2027.

Coal Production

China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating

China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…

Oil Price

Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri

Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…

Crude Oil

Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions

Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.

Crude Oil

As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil

India may take up a Russian offer to buy crude oil and other commodities at a discount.

Coal Company

MCL Becomes the Largest Coal Producing Company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…

Floating Offshore Wind

What’s the Potential of Floating Offshore Wind?

The U.S. could soon emerge as a leader in floating offshore wind development, according to a new report.

Coal Price

Coal Prices Soar to 200 Year High

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests.

Rooftop PV System

Rooftop Solar Installations to Almost Double by 2025, Says Rystad

Rooftop solar photovoltaic (PV) installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025.

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

Solar Power Panel

Tesla is Increasing Solar Prices as Supply Chain Costs are Rising

After achieving the best prices in the solar industry, Tesla has significantly increased solar panel installation prices as supply chain costs are causing press…

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …