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Crude Oil

Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas

The US is way off track from meeting clean energy goals.

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…

Crude Oil

Russia’s Oil Exports Are Plunging Even Without Sanctions

While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …

Natural Gas

Brazil 2021 Gas Demand up 29pc as Thermal Jumps

Brazil's domestic natural gas consumption rose last year by 29pc, boosted by the expansion of thermal power generation, according to data from Brazilian gas dis…

Natural Gas

Russian Gas Via Yamal Pipeline Halts Flows to Germany

Natural gas flows from Russia to Germany via the Yamal pipeline stopped in the westward direction on Thursday, according to data from the Gascade pipeline opera…

Nuclear Power Plant

Europe's Largest Nuclear Power Plant on Fire After Russian Attack

The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, was on fire early on Friday after an attack by Russian troops.

Natural Gas

European Gas Rally Continues with Focus on Sanctions on Russia

European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.

United Kingdom

Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year

Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…

Coal Production

Coal India Arm NCL Set to Cross 119 mt Production Target for FY'22

The miner had on Tuesday produced 5.67 lakh tonne of the dry fuel, the highest single-day count since its inception, and the total output in the 2021-22 financi…

Coal Mine

Cerrejón Produced 23.4 Million t of Coal in 2021

Cerrejón produced 23.4 million t of coal in 2021, representing an increase of 89% compared to 2020.

United Kingdom

Energy Costs Extremely Volatile After Russia Invades Ukraine

Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…

Crude Oil

U.S. Crude Oil Production Unchanged Last Week: EIA

U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …

Oil & Gas Supply

Oil, Gas Demand Eemains Robust

Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from dome…

EV Market

EV Sales Jump Again as Petrol Prices and Supply Chains Take Toll on Fossil Car Market

Electric vehicle sales more than doubled in February, compared to last year, in yet another encouraging result for the market in the light of a supply crunch, d…

Electric Car

Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030

South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…