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Coal Price
Coal Prices Rise to Record Levels on Russia Supply Fears.
Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.
LNG
Worley to Pull out of Russia over Ukraine Invasion
Australia-based engineering firm Worley has decided to suspend its operations in Russia in response to invasion of Ukraine.
Coal Mine
Coal India Receives 100% Booking in its First Single-Window E-Auction
Coal India’s (CIL) on Wednesday said its first-ever offer of nearly 5.2 Lakh Tonnes (LTs) of coal under the recently revamped single-window e-auction received …
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…
Crude Oil
UK to Phase out Russian Oil Imports by End of 2022
The UK Government has announced plans to phase out oil imports from Russia by the end of 2022 in response to Vladimir Putin’s illegal invasion of Ukraine.
Oil Price
Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs
Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…
Natural Gas
How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year
The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…
Coal Production
Coal India Arm BCCL's Output up by Record 61% in Feb to 3.24 Million Tonne
Coal India's subsidiary BCCL has posted a record 61 per cent growth in its production to 3.24 million tonne (mt) in February this year over the corresponding mo…
Natural Gas
Denmark to Boost Defence Spending and Phase out Russian Gas
Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …
Natural Gas
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
Coal Mine
Coal India February Output Rises 4% YoY
Coal India Limited (CIL) produced 64.3 million tonnes (MTs) of coal in February, about 4% growth 61.9 MTs in corresponding month year ago.
Nord Stream 2
ExxonMobil Joins Western Oil and Gas Company Exodus From Russia
US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.
Oil Price
Russia’s SWIFT Ban Could Send Shockwaves Through Oil and Commodity Markets
Russia’s decision to invade Ukraine was originally met with a relatively tepid response from world leaders, but now sanctions are intensifying key Russian bank…
Nord Stream 2
US Sanctions Company Behind €9.5bn Nord Stream 2 Pipeline
The sanction, which is in response to Russia’s actions in Ukraine, targets Nord Stream 2 AG and its CEO.
Solar Company
Solar Energy UK Calls for Long-Term Structural Reforms in Response to Price Cap
Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap.
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