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CCS

The Future of Global Carbon Capture and Storage

Carbon capture and storage (CCS) is the process in which carbon dioxide that is produced during the generation of power and its industrial processes is prevente…

Decarbonising Industry Can Be ‘Mission Possible and Profitable’

Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…

Electrification

IRENA and China State Grid Pave Way Towards Smart Electrification

“Future power grids will be very different from the current ones and will require smart electrification solutions as renewable energy is growing faster than ev…

Oil & Gas Supply

Nigeria Fuel Disruption Continues

As the recent su standard import of fuel continues to affect fuel distribution in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has released …

Carbon Emissions

China Sees Biggest Growth in Energy and Coal Use Since 2011

China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…

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…

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…

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…

OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data

OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…

Oil Price

Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies

Oil prices receded to below $100 a barrel at the end of trading on Friday after breaching the psychological level to reach prices not seen since 2014.

Offshore Wind Power

U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…

Crude Oil

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…

Crude Oil

Russian Crude Trades at Record Low Versus Brent on Sanctions Fears

Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…

Oil Price

Russia-Ukraine Crisis Highlights Need for 'Energy Independence' in PH

The conflict between Ukraine and Russia, which has a direct impact on global oil prices, highlighted the importance of developing more energy sources in the cou…