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Clean Energy Transition
India Targets 85% of Energy Needs from Green Sources
According to the proposal prepared by the renewable energy ministry, coal-fired capacity will initially rise to 267 GW by 2030 from the present 210 GW and, subs…
Coal Mine
Australia Pushing Higher Coal Exports to Europe
Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…
Coal Price
Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …
Hydrogen Fuel Cell Vehicle
Is Hydrogen Fuel Cell Technology Ready for the Mainstream?
Countries and companies worldwide – including automakers and oil giants – have been pouring billions into hydrogen fuel cell technology in the hopes that it w…
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
Fuel Prices on Saipan up 20 Cents
FUEL prices on Saipan went up by 20 cents on Friday and Saturday as the Russian invasion of Ukraine continues to spook global markets.
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.
Oil Price
OPEC Has No Control over Events Roiling Global Oil Markets
OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…
Electric Vehicle Charging
Siemens Unveils EV Charging Structure
Siemens Smart Infrastructure in the US has unveiled an electric vehicle (EV) charging concept structure in Peachtree Corners that can electrify fleets at scale.
Coal Price
Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Crude Oil
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…
Australia
The Billionaire Attempting to Kill Australia’s Coal Industry
In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…
Crude Oil
Canada Eyeing Russian Oligarch Holdings in its Oil-Rich West
Canada is examining assets of Russian oligarchs and considering more sanctions, Finance Minister Chrystia Freeland said, as Western nations increase pressure on…
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