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Oil Price

Oil Climbs on Pressure From Ukraine Conflict, Tight Market

Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…

LNG

Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence

Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

Oil Price

Oil Jumps as Russia-Ukraine Talks Stall

Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …

Solar Power Plant

India Adds 1.2 GW Open Access Solar Capacity in 2021: Mercom India

India's solar open access installations witnessed a sharp growth during 2021 with the country adding 1.2 gigawatts (GW) of open access solar capacity during the…

Solar Power Panel

Removing Solar Panel Hotspots Boosts Electrical and Thermal Output- Study

In a new paper published in the Journal of Energy Conservation and Management, researchers modelled the effectiveness of a hybrid, photovoltaic thermal system t…

CCS

Carbon Capture and Storage Spending to Top $50B Through 2025

CCS technology is viewed as a fundamental component of the societal decarbonization required for a successful energy transition.

Coal Mine

GRI Launches New Standard to Manage the Impacts of Coal

The Global Reporting Initiative (GRI) has launched a new standard to address sustainability challenges facing coal companies.

Nuclear Power Plant

Tender Launched for New Nuclear Plant at Dukovany

The Czech Republic’s Ministry of Industry and Trade has officially given its approval after completing the safety assessment of the three approved bidders - ED…

Crude Oil

Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns

Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…

Coal Mine

Balkan States Say Supply Security more Pressing than Ditching Coal

A surge in power costs and concerns about reliance on Russian energy have prompted Balkan utilities to reassess plans to shut down coal-fired power plants, desp…

Crude Oil

IEA: 3 mbpd of Russian Oil may not Reach Market from April

Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off…

Ukraine

‘Historic Milestone’ as Ukraine Connected to European Power Grid

​The electricity grids of Ukraine and Moldova have successfully been synchronised with the Continental European Grid.

Electric Car

Volkswagen to Launch all-Electric Mid-Size Sedan in 2023

Hot on the heels of the ID.Buzz electric microbus debut, Volkswagen CEO Herbert Diess has let drop that the German carmaker will launch a new mid-sized electric…

Nuclear Power Plant

Thousands of Households Without Power in Northeast Japan After Earthquake Kills Four

Thousands of Japanese households remained without power on Thursday as companies worked to assess damage the morning after a powerful quake hit the northeast co…