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LNG
India's Petronet Eyes Lower Prices Under Renewed Long-Term Deal With Qatar
India's Petronet LNG NS> hopes to extend its long-term gas import deal with Qatar at lower prices than those offered by the world's top liquefied natura…
Oil Price
Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year
Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe…
Natural Gas
Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio
Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep dr…
Renewable Energy
Uncertain Outlook for Energy Bills as New Cap Announcement Looms
Cornwall Insight has unveiled its latest forecasts for the Default Tariff Cap (price cap) covering the period October 2023 (Q423) to September 2024 (Q324). The …
Electric Vehicles
Used Tesla Model 3 Listed With a Wild $150,000 Price Tag
Tesla has been lowering prices for most of this year but now there is a used Tesla Model 3 with nearly 6,000 km that has a wild asking price of $150,000.This is…
Electricity Transmission
Scorching Heat Stresses Us Power Grids, Prices Soar
A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare…
Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Energy Storage Project
Nigeria, Potential Global Producer of Lithium Battery
Amid the fraught debates over petrol prices, exchange rates and rising cost of living, cheerful news slips by without notice.One such refreshing news was the re…
Oil Price
Oil prices rise as tight supply counters expected rate hikes
Brent crude futures rose 44 cents, or 0.6%, to $81.51 a barrel by 11 GMT. U.S. West Texas Intermediate (WTI) crude was at $77.51 a barrel, also up 44 cents, or …
Electric Vehicles
Tesla CEO Hints on Cybertruck Pricing After Rival Electric Ute Slashes Asking Price
Earlier this week Tesla announced that it had produced its first Cybertruck. No official confirmation on the pricing was released.Now, we may have an indication…
Oil Price
Iran Raises August Light Crude Price to Asia - Source
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, a…
Oil Price
Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022
Nigeria and other countries in the Organization of Petroleum Exporting Countries(OPEC), earned $873.6 billion from oil export in 2022.The OPEC’s petroleum expo…
Oil Price
California New Oil Well Approvals Have Nearly Ground to a Halt
Active pumpjacks from oil wells are pictured at the Inglewood Oil Field, the largest urban oil field in the United States, from the Baldwin Hills Scenic Overloo…
Oil&Gas Drilling
Saudi Output Cuts Helping Drive up Global Oil Markets
General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File PhotoPrices for sour crude…
Biofuel
US Lawmakers Seek to Lower Biofuel Blending Compliance Costs
A gas pump displays the price for E15, a gasoline with 15 percent of ethanol, and various other ethanol blends at a gas station in Nevada, Iowa, United States, …
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