Eu

Energy Transition

As EU Leaders Split on Russian Energy Sanctions, Commission Moots 5-year Plan

The European Commission is drawing up plans for the EU to stop importing Russian fossil fuels by 2027, as national leaders disagree on the pace of a pivot to ot…

Natural Gas

Why LNG Won’t Fully Replace Russian Gas in Europe

Europe faces a number of challenges in importing more U.S. LNG.

Crude Oil

Countries and Companies Shun Russian Crude over Ukraine Invasion

Russian gas flows to Europe remain stable, but Moscow is starting to face problems in selling its crude oil and oil products as Western sanctions over Russia's …

Rooftop PV System

Europe to Scale up Solar PV Industry

Major solar industry stakeholders gathered in Brussels, under the French EU Presidency, to set out how a renewed European photovoltaic (PV) industry can address…

Oil Price

Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads

The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…

Energy Investment

China Considers Stake Acquisitions in Russian Energy Firms

China is in negotiations with firms including China National Petroleum, and China Petrochemical.

Saudi Arabia

Riyadh Oil Refinery Attacked by Drone, Supplies Unaffected

A refinery in Saudi Arabia's capital, Riyadh, was attacked by a drone on Thursday morning but petroleum supplies were not affected.

Electric Car

How the World’s Big Three Car Markets Fared on Electric Vehicles in 2021

Now that we have the statistical data for the year 2021 complete, it is time for a comparison of the current status of electric vehicle uptake in the three larg…

Coal Price

Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says

Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…

Crude Oil

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…

Crude Oil

Biden Walks Tightrope Between Need for Oil and Push to Go Green

With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…

Crude Oil

Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons

Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.

Floating Solar Project

Thailand Makes Green Push with Floating Hydro-Solar Power Project

A vast array of solar panels floats on the shimmering waters of a reservoir in northeast Thailand, symbolising the kingdom's drive towards clean energy as it se…

Nuclear Power Plant

Chernobyl Power Cut, Transmission Lost at Europe's Largest Atomic Plant: IAEA

Power has been cut to the Chernobyl nuclear plant, Ukraine said Wednesday, but the UN's atomic watchdog said there was "no critical impact on safety".

Nuclear Power Plant

UK Nuclear Site Choices 'Should be Reusable'

With the planned expansion of nuclear power in the UK, the government needs to harness community support and include the full lifecycle when considering propose…