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Crude Oil

Shell Defends Decision to Buy Discounted Oil From Russia

Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…

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.

Oil Price

Crude Oil Surges on Russia Oil Embargo Risk

WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,…

Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

Finland

Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig

Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…

Natural Gas

Gas Production in Azerbaijan Increased by 12.9%

According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.

Oil & Gas Supply

Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War

In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …

Oil Price

Policy Certainty Shields Indian Stocks from Oil Price Spike

Declining oil intensity in GDP, rising domestic investors share are among the other reasons, says foreign advisory firm

Oil & Gas Trade

Ukraine: Workers Refuse to Unload Russian Oil from Ship

Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.

Oil Price

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…

Coal Company

Supply to Power Sector at Record High, Says Coal India

Coal India’s (CIL) on Friday said its supplies to power sector peaked to record high of 493 million tonnes (MTs) on March 3 of the ongoing fiscal breaching the…

Hydropower Plant

Work for 500 MW in NHPC Subansiri Lower Hydroelectric Project to be Completed by August 2022

Work for the 500 MW in NHPC Subansiri Lower Hydroelectric Project (2000MW) will be completed by August 2022, Arunachal Pradesh Deputy Chief Minister, Chowna Mei…

Offshore Wind Power

VIC to Deliver Australia’s First Offshore Wind Farms

The Victorian Government plans to generate 2GW of offshore wind – enough to power 1.5 million homes – with Australia’s first offshore wind farms.

Hydrogen Production

Is Hydrogen The Key To A Greener Shipping Industry?

Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical …

Hydropower Plant

NHPC's 2,880 Dibang Hydropower Project Expected to Begin During Apr-Jun: CMD

NHPC's 2,880-megawatt (MW) Dibang hydropower project in Arunachal Pradesh is expected to kick-off in the first quarter of 2022-23 "with in-hand forest and envir…