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Oil Price

IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman

The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…

Wind Power Project

K2 Management Bags 2 Wind Projects in Pakistan

​Renewable energy engineering firm K2 Management (K2M) has been appointed as the independent engineer to two Liberty Wind projects in Pakistan, which has a com…

Firm, Siemens Energy Seal Power Deal

Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to…

Natural Gas

Michigan’s Average Gas Prices now $3.55 per Gallon, Experts See ‘Little to No Relief’ amid ‘Perfect Storm’

Michigan’s average gas prices continue to rise amid rising oil prices brought on by Russia’s invasion of Ukraine.

Offshore Wind Power

TotalEnergies Begin Development of Offshore Wind Farm

TotalEnergies has successfully been named a winner of maritime lease area OCS-A 0538 by the Bureau of Ocean Energy Management (BOEM) in the New York Bight aucti…

Natural Gas

Italy Considers Increasing Natural Gas Supply from Algeria

The latest move by Italy comes as Western sanctions on Russia threaten to disrupt the gas flow.

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…

Oil Price

OPEC+ Faces Reckoning on Russia Despite Efforts to Ignore Crisis

OPEC+ is doing its best to ignore the war started by one of its leading members, but it may not be able to manage it for much longer.

Oil Price

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortf…

Oil Price

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesd…

Oil & Gas Trade

Angola Crude Oil Exports Increased by 3% During Q4 2021

The Republic of Angola, sub-Saharan Africa’s second-largest crude producer, saw an increase of 3% in crude oil exports

Oil Price

UAE Fuel Prices Increase by 11% in March; Cross Dh3-Mark Per Litre

The UAE on Monday increased oil prices for March 2022 by up to 11 per cent per litre as compared to February, in line with the surge in global crude prices due …

Oil Price

Idaho Gas Prices Hold Steady, but the National Average is Soaring

Russia’s invasion of Ukraine is already having far reaching effects, bringing another wave of higher crude oil prices and sending the national average price of…

Enlit Asia

Enlit AsiaEvent Date: 20 – 22 September 2022Venue: BITEC, Bangkok, Thailand.About Enlit AsiaFrom source to generation, from grid to consumer, the boundaries of…

Crude Oil

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets

The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…