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Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Oil Price
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…
Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab
An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.
Oil & Gas Supply
Alberta Oil can be a Solution to U.S. Energy Supply Crunch
Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag…
Oil Price
ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens
Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …
Wind Farm
Vestas Halts Four Wind Farm Projects in Russia
Vestas will halt its four wind farm projects under development in Russia as consequence of Russia’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reporte…
Energy Storage Battery
EIA Sees Continued Sunny Skies for Solar and Energy Storage
Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …
Oil & Gas Trade
US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says
US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …
Electric Car
U.S. Clean Energy Investments Topped $100b in 2021
A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.
Electric Car
Electric Vehicle Manufacturer Lucid to Build KSA Factory
Construction of electric vehicle manufacturer Lucid's production facility to begin in KSA in the first half of 2022.
Crude Oil
China Scrambles to Ensure Energy Security as Commodities Soar
China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu…
Natural Gas
How Europe Can Reduce Its Dependence on Russian Natural Gas
Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o…
Oil & Gas Trade
US Officials Reportedly Visit Venezuela to Discuss Easing Oil Sanctions
Highest-level talks in years yield little progress as politicians look to further isolate Russia
Wind Power Project
U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why
New wind installations fell in 2021 as the industry faced a series of challenges, including supply chain headwinds, logistics logjams and international trade ba…
Oil Field
Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield
The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude
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