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Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

Energy Storage Battery

EIA Sees Continued Sunny Skies for Solar and Energy Storage

Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …

Oil Price

Saudi Aramco Raises April Crude OSPs to Asia, Europe, US

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…

Hydrogen Fuel Stations

Finnish Start-up Commits to 50 Hydrogen Station Developments by 2030

Finland-based start-up HydRe wants to take the hydrogen mobility market by storm, having unveils plans to develop 50 hydrogen stations across the country by 203…

Electric Vehicle Charging

Siemens Unveils EV Charging Structure

Siemens Smart Infrastructure in the US has unveiled an electric vehicle (EV) charging concept structure in Peachtree Corners that can electrify fleets at scale.

Oil Price

Policy Certainty Shields Indian Stocks from Oil Price Spike

Declining oil intensity in GDP, rising domestic investors share are among the other reasons, says foreign advisory firm

Hydropower Plant

Work for 500 MW in NHPC Subansiri Lower Hydroelectric Project to be Completed by August 2022

Work for the 500 MW in NHPC Subansiri Lower Hydroelectric Project (2000MW) will be completed by August 2022, Arunachal Pradesh Deputy Chief Minister, Chowna Mei…

Natural Gas

Russia: Gas Pipeline to China Still Proceeding

Russia’s Gazprom said it is still actively working on the Soyuz Vostok pipeline that would ship natural gas to Mongolia.During a working meeting between A…

Indonesia

BW Offshore Wins Extension Deal for Sold FPSO

BW Offshore informed on Wednesday it had received a one-year contract extension for the lease and operation of the FPSO BW Joko Tole.

Nuclear Power Plant

Ukrainian FM Calls for Russians to Stop Firing at Nuclear Plant

Ukrainian foreign minister Dmytro Kuleba called on Russian troops to stop attacking Europe's largest nuclear power plant on Friday after a fire broke out.

Hydrogen Production

Plans Unveiled for Massive Green H2 Hub in Texas with 60 GW of Renewables

Green Hydrogen International (GHI) today shared plans for the development of a green hydrogen production and storage hub in South Texas that will be backed by 6…

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…

Crude Oil

U.S. Crude Oil Production Unchanged Last Week: EIA

U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …

Offshore Wind Power

Renewable Power Capital Enters Swedish Market with 100% Acquisition of Onshore Wind Farm From OX2

Renewable Power Capital has committed to acquire the Klevberget onshore wind farm, with a capacity of 146 MW, in their first Swedish deal.

Crude Oil

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…