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Natural Gas

Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage

Russian producer was hoping for a much-needed boost in oil reserves within large licence block in Russian sector of the Caspian Sea

Oil Exploration

Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp

Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…

Nuclear Power Plant

Ukraine Restores Power Supply to Chernobyl Power Plant

Ukraine has restored electricity supplies to the Chernobyl Nuclear Power Plant (NPP) after it was disconnected from the grid last week, the International Atomic…

LNG

Dutch Limit Gas Production at Groningen Despite Energy Crisis

The Dutch state announced in 2019 that Groningen output would end by October 2022 to limit seismic risks in the region, with gas only to be extracted thereafter…

Oil Price

Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri

Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…

Crude Oil

Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions

Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.

Coal Price

Coal Prices Soar to 200 Year High

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests.

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

Solar Power Panel

Tesla is Increasing Solar Prices as Supply Chain Costs are Rising

After achieving the best prices in the solar industry, Tesla has significantly increased solar panel installation prices as supply chain costs are causing press…

Joe Biden

A Question for President Biden on Oil and Gas

Here’s something to ask him at his next press event.

Electric Car

Tesla Gets Ready to Offer New Dual Motor Model Y Variant with 4680 Cells

Electric vehicle market leader Tesla is seemingly on the verge of offering a new version of its Model Y with a range of 279-miles (449-kilometres)

Nuclear Power Plant

Efforts Continue to Restore Power to Chernobyl

IAEA Director General Rafael Mariano Grossi said Energoatom CEO Petro Kotin had told him on Sunday that specialists had fixed one of two damaged lines to the p…

Electric Car

Ford to Ramp up EV Offering in Europe, Plans Major Battery Facility in Turkey

Ford Europe’s chair, Stuart Rowley, says “electrification represents the most transformative change in our industry in over 100 years.”

Natural Gas

Turkey Could ‘Easily’ Transmit Israeli Gas Abroad

Israel's natural gas could be “easily” transmitted abroad via Turkey’s pipeline network, Energy and Natural Resources Minister Fatih Dönmez said on Saturday…

Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…