Eu

Carbon Pricing

Ukraine Invasion Crashes Carbon Credit Prices

The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil & Gas Supply

European Oil and Gas Majors’ Exposure to Russia Is Limited

European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …

Carbon Neutral

JD.com Builds China’s First Carbon-Neutral Intelligent Industrial Park

Chinese tech and e-commerce giant JD.com announced on Wednesday that its “Asia No.1” logistics park in Xi’an, Shaanxi Province, has obtained certificates for…

Oil & Gas Supply

OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia

The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…

Coal Mine

Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives

Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to sup…

Crude Oil

India's February Fuel Demand Rises 5.4% Year-on-Year

India's fuel demand rose 5.4% in February, compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry…

Crude Oil

India's Fuel Demand Rises 5.4% in February

India's fuel demand rose 5.4% in February, compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry…

Crude Oil

EU Leaders Tackle Escape Route From Russian Fossil Fuels

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.

LNG

Germany to Build Its Own LNG Terminal

European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …

Natural Gas

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels …

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…

Hydrogen Project

Asia Is Amongst ‘Most Attractive’ Region for Green Hydrogen Development

Asia, along with Europe, is amongst the most attractive region in terms of developing green hydrogen, Fitch Solutions reported.

Whiting Petroleum and Oasis Petroleum Sign $6bn Merger Deal

US-based shale producer Whiting Petroleum signed a merger deal with Oasis Petroleum to create a new enterprise, valued at approximately $6bn.

Natural Gas

Fixing Wind, Solar Permitting in EU to Help Reduce Russian Gas Imports

Speeding up wind and solar permitting, diversifying gas supplies and making the most of existing low-carbon energy sources are important steps to reduce the EU…