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Crude Oil
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …
Oil Price
Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil
Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.
Coal Production
India Approves Offering Coal for Sale Through Single E-Auction Window
India has approved the offering of non-linkage coal by producers to both power and non-regulated sectors through a common e-auction window instead of the sector…
Offshore Wind Power
EDP Wins 400 MW of Offshore Wind Power in the US
Ocean Winds, owned by EDP Renováveis and Engie, has closed a 20-year power purchase agreement for 400 MW in the United States to provide clean offshore wind en…
Energy Efficiency and Conservation Policy
The National Energy Efficiency and Conservation Authority (Neeca) of Pakistan has released a draft of energy efficiency and conservation policy for the review a…
Electric Vehicle Charging
Tesla Opens Free Supercharging for all EVs in Areas Affected by Ukraine Invasion
Tesla has opened its Superchargers – for free charging – to all makes of electric cars in parts of Europe affected by the Russian invasion of Ukraine.
LNG
Germany Plans to Become Independent from Russian Oil
Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…
Natural Gas
Gas Prices Soar Amid Crisis In Ukraine
The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…
Russian Federation
Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy
President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…
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 …
Natural Gas
Saudi Arabia Announces Discovery of Five Natural Gas Fields
Saudi Arabia’s state oil company discovered five new natural gas fields across the kingdom that can produce over 100 million cubic feet per day in total, as th…
Electric Vehicle Battery
The Battle over Electric Vehicles — Could Hydrogen Win?
As the future of automotive power heads away from the internal combustion engine toward electric vehicle technology, the industry now has two options: fuel cell…
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