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Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
Wind Farm
Japan to Speed up Wind Farm Projects in Wake of Ukraine Crisis
Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.
Hydropower Plant
China's Highest-Altitude Mega Hydropower Plant Fully Operational
With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest on…
Crude Oil
Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…
Crude Oil
Japan to Call on Middle East Oil Producers to Raise Output
Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …
Oil & Gas Supply
India, Russia Discuss Ongoing & Potential Joint Energy Projects
India and Russia on last Friday held detailed dialogue on current and potential joint projects in the fuel and energy industry and probable mechanisms for trans…
Tidal Energy
Investment in Ocean Energy Increases 50% in 2021
Public and private investments in ocean energy totalled €70mn in 2021 and tidal energy hit a 'milestone' of 68GwhOcean energy public and private investments to…
Tidal Energy
Britain Revisits Huge Tidal Energy Plan as Ukraine Crisis Continues
An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of water between England and Wales, to harness tid…
Offshore Wind Power
RWE and National Grid Consolidate Partnership, Announce Community Offshore Wind as Name of Joint Venture
Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables and National Grid have announced the name of th…
Oil Price
Fuel Prices on Saipan up 20 Cents
FUEL prices on Saipan went up by 20 cents on Friday and Saturday as the Russian invasion of Ukraine continues to spook global markets.
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…
Oil & Gas Trade
Hundreds of NGOs Call for Import Ban on Russian Oil, Gas
Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …
Crude Oil
Treasury Department Assures Wall Street It Can Still Trade Russian Oil and Gas
The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas.
Electric Car
Tesla to Win Approval for $5.5 Billion Berlin Gigafactory on Friday
The German state of Brandenburg has called a news conference for Friday at which it is widely expected to approve Tesla’s 5 billion euro ($5.5 billion) gigafac…
Nuclear Power Plant
Ukrainian FM Calls for Russians to Stop Firing at Nuclear Plant
Ukrainian foreign minister Dmytro Kuleba called on Russian troops to stop attacking Europe's largest nuclear power plant on Friday after a fire broke out.
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