Mps

Crude Oil

Oil Jumps After Saudi Arabia Hikes Crude Prices

Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.

Energy Transition

IRENA Backs UN Call to Speed up Energy Transition

UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.

Natural Gas

Netherlands to Ban Fossil Fuel Boilers From 2026

Dutch homes will have to install sustainable heating systems, such as a hybrid heat pumps, instead.

Oil Price

China Oil Giant CNOOC Jumps 20% in First Mainland Trading

Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.

Public Clean Energy Spending Jumps 50% to $710b Since October 2021

Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …

Oil Price

Oil Jumps as EU Weighs Russian Embargo

Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…

Oil Price

Oil Jumps as Russia-Ukraine Talks Stall

Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …

EU

EU Can Tap Geothermal Potential to Cut Russian Gas - EGEC

EGEC has calculated that the EU can reduce its use of Russian gas by 3 billion cubic metres (bcm) this year with the help of geothermal district heating and coo…

Coal Production

China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating

China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…

United Kingdom

UK Steel Firms Suspend Imports of Russian Coal

Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday.The decision follows sustained pressure from…

Oil Price

Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs

Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…

Hybridizing PV, Redox Flow Batteries and Geothermal Heat Pumps

A Spanish consortium is equipping one of Madrid’s largest metro and bus stations with a hybrid system that combines PV, geothermal pumps, and vanadium redox fl…

Natural Gas

Average Gas Price in New Hampshire Above $4 per Gallon

Granite Staters are now paying an average of more than $4 a gallon for gas for the first time in more than a decade.

Natural Gas

Brazil 2021 Gas Demand up 29pc as Thermal Jumps

Brazil's domestic natural gas consumption rose last year by 29pc, boosted by the expansion of thermal power generation, according to data from Brazilian gas dis…

Wind Farm

Legislation Would Bring Standardized Regulation to Wind Farms

Thompson, (R-Shawnee), introduced Senate Bill 353 – similar to last session’s SB279 – which would impose statewide regulations on new wind developments.