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Iberdrola to Increase Energy Prices from January 1
Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.
Macron Says France will Build New Nuclear Energy Reactors
France will build new nuclear reactors to help the country lessen its dependence on foreign countries for its energy supplies, meet global warming targets and k…
US Energy Prices Likely to Rise as Result of Winter Heating Pressure
US consumers will be hit with much larger heating bills than last year due to surging energy prices.
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
Serbia would Buy 10% in Any Nuclear Power Plant in Region
The government would “immediately buy” 10% in any nuclear power plant in the region to bolster its energy security, he stressed.
Qatar Petroleum Plans Debut Dollar Public Bond Sale
The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…
State of Texas Should Pay for Enormous Energy Bills After Power Outages, Houston Mayor Says
Houston Mayor Sylvester Turner on Sunday called on the state of Texas to pay for the enormous electric bills that scores of Texans reported after severe winter …
Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm
The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including highe…
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
How Will Biden’s Presidency Impact South America’s Oil Boom?
Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive…
As Energy Prices Tumble, Developing Countries Trim Subsidies
The coronavirus pandemic has sent economies into recession and reduced government revenue, so some countries are taking a politically perilous path: removing re…
Energy Trading via Power Pools Can Ease Energy Poverty
Trade in electricity helps bring down energy prices, mitigate against power shocks, relieve shortages, facilitate decarbonisation and provide incentives for mar…
Oil & Gas Trade
US Blames Iran For Energy Prices Spike After Saudi Oil Attack
Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an a…