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Oil Price
Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production
U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…
Natural Gas
EU Publishes Emergency Gas Cap Proposal
The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.
Oil Price
U.S. Could Sell Oil From Emergency Reserve This Week -Sources
The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…
United States
U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year
Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…
Natural Gas
EU Countries Eye Deal on More Energy Measures Within Weeks
European Union countries will seek a November deal on more emergency measures to tackle high gas prices.
Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
EU
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…
Net Zero Emission
What Are Climate Bonds?
The EU Commission presented an energy crisis emergency plan this week.
EU
European Commission – Demand Reduction and Taxes to Tackle Energy Costs
The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Crude Oil
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…
Solar Power Panel
Renewables Are Losing Steam as Bottlenecks Emerge
The renewable energy boom has a growing problem.
Crude Oil
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
United Kingdom
Rolls-Royce and AVK Provide 3.5GW Emergency Power in the UK
Image credit: Rolls-Royce Power SystemsGerman-headquartered Rolls-Royce Power Systems has delivered the 200th mtu emergency generator to UK-based emergency powe…
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