Ears

Natural Gas

EU Says Independence From Russian Gas Is Possible Within Years

The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief …

Hydrogen Fuel Cell

MAN: Hydrogen will be a ‘Primary Energy Source’ in 5-10 Years

MAN Energy Solutions will invest up to €500 million in its subsidiary H-Tec Systems to spur the development of PEM electrolyzers used in the production of hydr…

Natural Gas

No Challenge in Selling from Russian Oilfields, Says ONGC

Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…

Thermal Coal

Rush to Replace Russian Coal Propels Fuel to Unprecedented Gains

A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.

Oil Price

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortf…

Coal Company

After 139 Years of Coal Mining, Peabody Expands into Solar

Peabody Energy Corp, the biggest U.S. coal producer, is expanding into clean energy.

Crude Oil

Oil Production from Northeast India Expected at 6.85 mt in 4 years: HS Puri

The petroleum sector to play a crucial role in the North East region’s industrial growth.

Nuclear Reactor

Brazil Looks at Nuclear Power as Demand for Electricity Grows

A government agency that supports research into Brazil’s energy sector has forecast a significant jump in demand for electricity within the country over the ne…

Natural Gas

World Bank: There Will Be Alternatives to Russian Gas in Five Years

World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.

Thermal Plant

Maibarara Geothermal Plans Up to 30 MW Expansion Capacity

Capacity expansion of 10 to 30 MW for the Maibarara geothermal project in the Philippines is planned within the next three or four years.

Oil Price

West Still Reluctant to Target Russian Energy on Economy Fears

Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…

United Kingdom

Shell Faces U.K. Showdown Over Impact of ‘Cataclysmic’ Oil Spill

A group of Nigerians want a trial against Royal Dutch Shell Plc in the U.K. for what they allege was a “cataclysmic” oil spill that wreaked havoc on their com…

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…

Oil Price

Oil at $103: No Fears of Supply Disruption to India, Prices a Concern

International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…

Oil Price

Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts

The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…