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Natural Gas

U.S. Oil & Gas President Says Group Production Boost Will Keep Gas Prices Steady, Defying Biden

Rather than work to boost domestic production, President Joe Biden opted to repeatedly release millions of barrels of oil from the Strategic Petroleum Reserve t…

Solar Power Panel

Falling Solar Panel Prices In China Will Impact Countries Around The World

The cost of manufacturing a solar panel in China has plunged recently, thanks to lower prices for polysilicon.Polysilicon is the most expensive component of a t…

Oil & Gas Trade

What Will the New Year Bring to the Oil & Gas Industry?

The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti…

Oil Price

Oil Prices End 2022 Higher Despite Demand Concerns

A surprise rise in US crude stocks is weighing on futuresA trader at the New York Stock Exchange. Brent, which hit a 14-year high of $140 a barrel in March, has…

Energy Storage Battery

Why Lithium Price Drop Is Set To become a boon for EV industry

Lithium’s relentless rise since 2020 has hurt buyers and contributed to increase in battery costsBikita Minerals mining plant in Bikita, 340km south of Zi…

Oil Price

UAE petrol and Diesel Prices to Fall in January

Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol a…

Oil & Gas Trade

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…

Oil Price

Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns

Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…

Energy Storage Battery

SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million

Leading Provider of Fuel Cell SystemsRanked First in the PRC Fuel Cell System MarketHONG KONG, Dec 29, 2022 - (ACN Newswire) - The leading provider of fuel cell…

Oil Price

Moscow Restrains Response to G7 Price Cap

A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …

Wind Turbine

Germany Raises Price Caps for 2023 Onshore Wind, Solar Tenders

Wind turbines in Germany. Image by: Q-EnergyGermany's Federal Network Agency has increased the price caps for the auctions for onshore wind and rooftop sola…

Electricity Transmission

UK to Extend Its Energy Price Support Scheme to Non-domestic Customers

The sun sets behind an electricity pylon, as fog develops, near Petersfield, Britain, December 1, 2022. REUTERS/Toby MelvilleDec 29 (Reuters) - The UK will exte…

Oil & Gas Trade

Putin Bans Export of Russian Oil to Countries That Implement Price Cap

Moscow: President Vladimir Putin Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude o…

Natural Gas

Natural Gas Futures Prices Edge Higher as Models Tease Mid-January Cold; Production Still Way Down

With natural gas traders’ fingers and toes still thawing out from the weekend’s Arctic blast, most remained on the sidelines of the action on Tuesda…

Oil Price

Oil Reaches Three-Week High as China Relaxes COVID Limits

WASHINGTON, 27th December, 2022 (WAM) -- Oil touched a three-week-high Tuesday as China's latest relaxation of COVID-19 restrictions fueled prospects of a d…