Gas

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…

Natural Gas

Chevron CEO Announces Israel Gas Pipeline Could Supply Europe

Europe’s natural gas shortage has renewed talk of the EastMed pipeline – a Mediterranean Sea pipeline that could carry gas from Israel to European customers.…

Hydrogen Transport

Centrica Partners with the UK’s National Grid to Inject Green Hydrogen into the National Transmission System

Centrica and the National Grid have partnered to explore the possibility of injecting green hydrogen into the UK’s National Transmission System (NTS) in order …

Natural Gas

Shell Sorry for Buying Russian Crude

Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and gui…

Hydrogen Production

EU Draws out Plan to Increase Hydrogen Production to Replace Russian Fossil Fuels and Gas Dependency

The European Commission has revealed on March 8 a brand-new plan in which to phase out dependency on Russian gas and fossil fuels with hydrogen a key aspect of …

Electric Car

Electric Car Prices Could Go up Even as Fuel Prices Soar

As US gas prices hit record highs in the wake of Russia’s invasion of Ukraine, it seems like electric vehicles may not be a safe haven for those looking to sav…

Oil Price

Petrol, Diesel Price Increase on Wait-and-Watch Mode; CNG Rates Hiked

CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been pu…

Oil Price

Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl

Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…

Oil Price

Oil Companies to Determine Fuel Prices: Hardeep Singh Puri

Amid the Russia-Ukraine war, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said oil companies will determine the fuel prices, even …

Carbon Emissions

Global Energy-Related Carbon Emissions Reach Highest Level Yet in 2021, IEA Says

Coal accounted for 40% of the carbon dioxide emissions last year.

Oil Price

No Need to Panic. Oil Prices Could Drop to $100 a Barrel in Two Weeks

The current oil surge wouldn’t last and prices are likely to drop to $100 per barrel within two weeks, Bharat Petroleum Corp (BPCL) chairman has said

Natural Gas

US Off-Target to Reach Biden Decarbonisation Goals Despite Wind and Solar Boom

Despite rapid growth of renewables plant construction across America, nation will still be relying on coal and natural gas for 44% of power generation in 2050, …

Natural Gas

How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year

The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…

Crude Oil

U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers

The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.

Gas Turbine

GE Turbines Will Power New 2-GW Gas-Fired Plant in China

A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H…