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Oil Price

Asian Shares Surge as Russia-Ukraine Talks Buoy Sentiment

Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned …

Offshore Wind Power

RWE and National Grid Consolidate Partnership, Announce Community Offshore Wind as Name of Joint Venture

Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables and National Grid have announced the name of th…

Hydrogen Fuel Cell Vehicle

Zhongtong Hydrogen Fuel Cell Buses Serve Beijing Winter Paralympic Games

On March, 4, 2022 Beijing Winter Paralympic Games officially kicked off at China’s National Stadium, also known as the Bird Nest. Before this, Zhongtong hydrog…

Nuclear Power Plant

Chernobyl Nuclear Plant Without Power

Ukrainian officials say if power is not returned to the Chernobyl nuclear plant, there could eventually be a dangerous radiation leak.

Natural Gas

Gas Prices Jump in Wake of Biden's Ban on Russian Oil

The cost to fill up the gas tank has gone from bad to worse with the national average hitting a new record. President Biden warned Americans to expect to pay ev…

Solar Power Plant

Solar and Energy Storage to Dominate US Power Installs Through 2023 as Wind Flags: EIA

Utility PV to account for half of 85GW of planned generating capacity nation forecast to deploy, with 60% paired with battery-banks, according to Energy Informa…

Natural Gas

Gas Prices Reach New High in N.S., Costs Skyrocket in Atlantic Canada

The price of gas has reached a new high in Nova Scotia for the third time in a week, rising another 10.9 cents overnight.

CPS Energy Exploring Novel Geomechanical Pumped Storage Technology

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore i…

Wind Turbine

Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia

Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…

Electric Car

Gas Prices Are Spiking — Don’t Expect Sales of Electric Vehicles to Follow

Consumers hoping to switch to an all-electric or more fuel-efficient vehicle, while Russia’s invasion of Ukraine pushes gas prices to record highs, will largel…

Natural Gas

Demand for Natural Gas on Australia's East Coast Falls

The uptake in renewable energy could see gas demand from Australia’s East Coast decline by around 60% by 2050, depending on the pace of the energy transition, …

Crude Oil

US Shale Investors Worry over Impact of Output Jump

US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…

Nuclear Power Plant

IAEA Concern over Situation at Chernobyl

IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"

LNG

Germany to Build Its Own LNG Terminal

European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …

CNOOC

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field

Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…