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Oil & Gas Trade

BP to Exit its 20% Stake in Russian Oil Giant Rosneft

BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.

Energy Transition

District Heating Systems Key to Green Energy Transition

​Recently announced plans for large geothermal heating project, highlighting the crucial role of district heating in the energy transition.

Crude Oil

Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise

Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…

Electricity Transmission

Xinjiang's Electricity Transmission Volume Tops 500B kWh

Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …

Oil & Gas Supply

Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis

Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

Natural Gas

Is Hydrogen a Better Bridge Fuel Than Natural Gas?

With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage.

Natural Gas

Metro Vancouver Gas Prices Set Another Record

Gas prices hit another record high in Metro Vancouver on Saturday, a development analysts have attributed to the sanctions placed on Russia in retaliation for i…

Carbon Neutral

UK Pledges to ‘Build Its Greenest Road Ever Built’

National Highways said it will use the Lower Thames Crossing project as ‘carbon-neutral’ construction pathfinder.

Natural Gas

Germany Plan to Construct Two Liquefied Natural Gas Terminals

Germany will construct two liquefied natural gas (LNG) terminals, German Chancellor Olaf Scholz said on Sunday, pledging to do more to protect Germany’s energy…

LNG

U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG

U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…

Geothermal Power Plant

Well-Constructed Solution: Geothermal to Power Bitcoin Mining

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal…

Crude Oil

India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies

India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.

Nuclear Power Plant

IAEA Calls Extraordinary Meeting to Discuss Ukraine Nuclear Safety

​The International Atomic Energy Agency on Sunday said it was calling an extraordinary meeting of its board of governors next week "to discuss the current situ…

Thermal Plant

Thermal Coal Price Hit All-Time High as Europe Scrambles for Fuel

Australian thermal coal price hit an all-time high following Russia’s invasion of Ukraine.

LNG

Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face

Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…