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Crude Oil

India Hopes for Oil from Iran, Venezuela; Higher Output from OPEC+ to Cool Prices

Replying to supplementaries during question hour in the Rajya Sabha, Oil Minister Hardeep Singh Puri said oil export from Venezuela and Iran had been hit due to…

Crude Oil

Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions

Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.

Natural Gas

Niti Aayog for End to Price Curbs on Local Natgas

The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…

Crude Oil

As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil

India may take up a Russian offer to buy crude oil and other commodities at a discount.

Coal Company

MCL Becomes the Largest Coal Producing Company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…

Floating Offshore Wind

What’s the Potential of Floating Offshore Wind?

The U.S. could soon emerge as a leader in floating offshore wind development, according to a new report.

Coal Price

Coal Prices Soar to 200 Year High

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests.

Rooftop PV System

Rooftop Solar Installations to Almost Double by 2025, Says Rystad

Rooftop solar photovoltaic (PV) installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025.

United Kingdom

UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks

Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …

Energy Transition

The European Commissioner for Energy Backs Geothermal to Bolster EU Energy Security

The EU’s Commissioner for Energy, Kadri Simson, called on Europe to “harness geothermal energy’s potential.

Electric Car

Tesla Gets Ready to Offer New Dual Motor Model Y Variant with 4680 Cells

Electric vehicle market leader Tesla is seemingly on the verge of offering a new version of its Model Y with a range of 279-miles (449-kilometres)

Wind Farm

140MW Wind Farm Starts Feeding South Africa’s Grid

African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…

Net Zero Emission

Shell Directors May Face Lawsuit over Climate Transition Plans

Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.