Nda

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

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 & 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…

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…

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…

Oil Price

OPEC Has No Control over Events Roiling Global Oil Markets

OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…

Natural Gas

EU Says Independence From Russian Gas Is Possible Within Years

The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief …

Crude Oil

China Confident of Ensuring Energy Supply Despite Challenges

China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…

Natural Gas

Denmark to Boost Defence Spending and Phase out Russian Gas

Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …

Oil Price

U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…

Geothermal Power Plant

NREL Appoints Amanda Kolka to Lead Geothermal Energy Program

The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) has named Amanda Kolker as the laboratory program manager for geothermal e…

Electric Car

Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030

South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…

Oil Price

UAE Fuel Prices Increase by 11% in March; Cross Dh3-Mark Per Litre

The UAE on Monday increased oil prices for March 2022 by up to 11 per cent per litre as compared to February, in line with the surge in global crude prices due …

Enlit Asia

Enlit AsiaEvent Date: 20 – 22 September 2022Venue: BITEC, Bangkok, Thailand.About Enlit AsiaFrom source to generation, from grid to consumer, the boundaries of…