Rice

Natural Gas

Qatar Energy 2023 Profit Drops 32% as Gas Prices Cool

Qatar Energy on Tuesday reported 101.9 billion riyals ($27.96 billion) in net profit for 2023, down 32% from 2022 when gas prices surged following Russia's …

Oil Price

Hedge Funds Rebuild Oil Position After OPEC⁺ Round Trip

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard …

Crude Oil

Oil Prices Rise on US Crude Draw; Jobs Data Feeds Rate Cut Hopes

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/Fil…

Oil & Gas Trade

US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…

Solar Power Plant

Hawaii's Largest Solar-Plus-Storage Facility Now Operational

Hawaii has the highest average electricity price of any state at $0.43.93 per kWh, nearly triple the U.S. average, yet this project will cut that cost for many …

Carbon Capture

Canada Signs Second Deal to Guarantee Price of Captured Carbon

The Canada Growth Fund, a federal clean-tech financing agency, on Tuesday signed its second deal to backstop carbon prices with a proposed Alberta facility that…

Electric Vehicles

Cybertruck Sales in May Boosted Tesla's 2024 Atps by More Than 10%

Tesla prices, which bottomed out in late 2023, are estimated to have increased by 3.1% month-over-month to $57,369 in May, reports Kelley Blue Book.Electric veh…

Oil & Gas Trade

Malaysia Begins Diesel Subsidy Reforms, Prices to Rise by About 50% on Monday

A view of Kuala Lumpur's skyline in Malaysia May 30, 2023. REUTERS/Hasnoor Hussain/File Photo Purchase Licensing RightsDiesel fuel prices in much of Malaysi…

Energy Storage Project

Octopus Energy, Gresham House Energy Storage Fund Sign BESS Tolling Deal

Gresham House’s Glassenbury battery storage system. Image: Gresham House.Octopus Energy has signed a two-year fixed-price tolling agreement with Gresham H…

Renewable Energy

China's Renewable Energy Exports Grow 35% Between 2019-2023

Power batteries surpass photovoltaic solar modules as the main export of renewable products.Chinese exports of renewable products grew 35% between 2019 and 2023…

Oil Price

Preview Saudi Arabia May Cut July Oil Prices to Asia for First Time in 5 Months

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/file photo Purchase Licensing Rig…

Oil Price

Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS…

Energy Storage Project

Gore Street's Operational BESS Capacity up 45%

High wind penetration in Ireland has led to spikes in Day-Ahead and Intra-Day prices as well as increased revenues from ancillary service DS3. Image: Gore Stree…

Oil Price

Oil Slips for a Third Straight Day on Prospect of US Rates Staying High

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing …

Coal-Fired Power Plants

Turkey Emerges as the Largest Coal-Fired Electricity Producer in Europe

Turkey has consumed more coal-fired electricity in 2024 than any country in Europe.Falling coal prices and reliance on Russian imports drive Turkey's coal d…