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Oil Price

Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Hydrogen Storage

Green Hydrogen Could Be a ‘Game Changer’ in Energy Industry

This is even as hydrogen only accounts for 0.2% of electricity generation currently.

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Oil Shale

OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket

Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …

Oil Price

Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction

High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…

Wind Farm

Tyrone Windfarm Project Acquired by Dublin-Based NTR

A WINDFARM project on the Tyrone-Fermanagh border has been acquired by Dublin-based renewable energy company NTR for an undisclosed sum.

Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab

An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.

Oil & Gas Supply

Alberta Oil can be a Solution to U.S. Energy Supply Crunch

Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag…

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 …

Electric Car

U.S. Clean Energy Investments Topped $100b in 2021

A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.

Ukraine Crisis Has Rewired Thinking on Future of Energy for Europe

Effects of sanctions, informal bans, war disruption and Russian counter-measures risks supplies of fossil fuels, fertilisers, food, aluminium, metals used in ba…

Electric Car

Electric Vehicle Manufacturer Lucid to Build KSA Factory

Construction of electric vehicle manufacturer Lucid's production facility to begin in KSA in the first half of 2022.

Crude Oil

China Scrambles to Ensure Energy Security as Commodities Soar

China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu…

Natural Gas

How Europe Can Reduce Its Dependence on Russian Natural Gas

Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o…