Ears

Shell to Invest up to £25 Billion in UK Energy System over Next Decade

Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.

Oil Refinery

Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery

U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…

Nuclear Reactor

Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis

Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.

LNG

LNG Projects in the Gulf of Mexico Boosted as Russian Gas Alternative

Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price collapsed, it laid off 40 percent of its staff, and …

Nuclear Power Plant

Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.

Carbon Neutral

Will 30 Years Be Enough to Achieve Carbon Neutrality?

Countries need time to decarbonise old assets, too, Black & Veatch claims.

Nuclear Reactor

Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…

Crude Oil

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…

Wind Power Project

Germany Has Turned the Corner on Onshore Wind Energy

The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…

EV Market

Ontario Aims to Boost EV Industry as it Announces First Critical Minerals Strategy

As part of its five-year critical minerals strategy announced today, Ontario will invest C$24 million over three years in its Junior Exploration Program, half o…

Natural Gas

Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG

EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.

Coal Mine

Ohio Utility Says Two Coal Plants Could Close Next Year

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously …

Coal Price

Coal Prices Rise to Record Levels on Russia Supply Fears.

Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.

Crude Oil

Saudi Considering China’s Yuan for Oil Purchases

Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.

Crude Oil

Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed

Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…