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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…

Oil Price

Ukraine Speeds Global Rush to Self-Sufficiency

Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…

Nuclear Power Plant

Rolls-Royce SMR Entering Regulatory Assessment Process

Rolls-Royce SMR’s nuclear power plant design is entering the Generic Design Assessment process with its regulators.

Hydrogen Project

World's Largest Green H2 Hub, Hydrogen City, to Open in Texas in 2026

Hydrogen City will eventually harness 60 gigawatts of solar and wind energy, and use it to produce over 2.5 billion kilograms (2.4 million tons) of green hydrog…

Nuclear Power Plant

Ukraine Regulator's Concerns Over Nuclear Sites

The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has expressed growing concerns about the situation at Chernobyl and at Zaporozhe, where Ukrainian n…

Hydrogen Production

Low-Carbon Hydrogen Production to Be Explored in Egypt

Egypt could be set to grow its hydrogen economy with the revealing on March 7 of a memorandum of understanding (MoU) to assess low-carbon hydrogen production in…

Natural Gas

Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine

Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.

Coal Price

U.S. Coal Prices Soar as War Drives Global Commodities Rally

Concerns of a looming global shortage of coal are driving up prices in every U.S. region that has access to export markets.

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…

Oil Price

Want Lower Oil Prices? First You Need Higher Ones

There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not …

Oil & Gas Trade

US Officials Reportedly Visit Venezuela to Discuss Easing Oil Sanctions

Highest-level talks in years yield little progress as politicians look to further isolate Russia

Wind Power Project

U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why

New wind installations fell in 2021 as the industry faced a series of challenges, including supply chain headwinds, logistics logjams and international trade ba…

Electric Car

Why Ford’s Big EV Split Decision May Get Even Bigger in the Future

Ford’s move says the EV business, while promising, isn’t ready for independence, and some on Wall Street agree.

Rooftop PV System

Italy Speeds up Permits for Solar up to 200kW, Allocates €267 Million for Rebates

The Italian authorities have introduced new provisions in the DL Energia decree to reduce energy bills for households and businesses.

Floating Offshore Wind

Ocean Winds, Aker Offshore Wind Secure 1.2 GW Floating Capacity in South Korea

Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License from South Korea’s Ministry…