Energy prices

Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Coal-Fired Power Plants
Staggering the Shutdown of Eraring Power Station Would Lower Impact on Energy Costs
New modelling from Cornwall Insight Australia reveals that a staggered retirement of the Eraring power station would reduce the impact on energy prices in New S…
United States
The US Has a Notable Green Hydrogen Advantage Over Europe
The EU struggles with high energy prices that can’t compete with subsidies in the United States.Green hydrogen has a great deal of appeal, and while the E…
Oil & Gas Trade
BP Posts Record Profit and Raises Dividend on Oil Price Boost
Fuel prices at a BP filling station in Liverpool. BP will invest up to $1 billion a year in 'high quality' oil and gas projects. PAOil company BP has po…
World Energy Outlook
Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022
Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting.It has been a year with unusual market conditions, not le…
Wind Farm
Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland
Data from Cornwall Insight Ireland’s fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that energy prices will not retur…
Electricity Trade
Drop In Wholesale Energy Prices Sees Price Cap Predictions Fall Below the Energy Price Guarantee for Second Half of 2023
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bills for a typical household are predicted to be be…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Electricity Transmission
UK to Extend Its Energy Price Support Scheme to Non-domestic Customers
The sun sets behind an electricity pylon, as fog develops, near Petersfield, Britain, December 1, 2022. REUTERS/Toby MelvilleDec 29 (Reuters) - The UK will exte…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
Oil Price
Iraq Wants Stable Energy Prices, Prime Minister Says
Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.
Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices
The Texas-based company posted a net profit of $19.66bn for the three months to September 30.
High Energy Prices Force the World’s Largest Chemicals Company to Downsize
The world’s biggest chemicals company, Germany-based BASF, will seek permanent cost-saving measures in Europe due to the high energy prices endangering its com…
Crude Oil
World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.
Solar Power Plant
A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk
Soaring energy prices are threatening Europe’s renewable supply chain.

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Energy prices

Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool

Staggering the Shutdown of Eraring Power Station Would Lower Impact on Energy Costs

The US Has a Notable Green Hydrogen Advantage Over Europe

BP Posts Record Profit and Raises Dividend on Oil Price Boost

Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022

Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland

Drop In Wholesale Energy Prices Sees Price Cap Predictions Fall Below the Energy Price Guarantee for Second Half of 2023

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

UK to Extend Its Energy Price Support Scheme to Non-domestic Customers

New Italian Government’s Budget to Boost Spending to Fight Energy Crisis

Iraq Wants Stable Energy Prices, Prime Minister Says

Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices

High Energy Prices Force the World’s Largest Chemicals Company to Downsize

World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk