Rice

Coal Price

Whitehaven Coal Output Slumps 23% As Floods Sweep New South Wales

Whitehaven Coal said on Wednesday its first-quarter production dropped by almost a fourth as severe floods in New South Wales locked it out of its key Maules Cr…

Oil Price

Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…

Natural Gas

EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says

European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …

Natural Gas

EU Publishes Emergency Gas Cap Proposal

The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.

Solar Power Plant

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk

Soaring energy prices are threatening Europe’s renewable supply chain.

Oil Price

U.S. Could Sell Oil From Emergency Reserve This Week -Sources

The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…

United Kingdom

UK Energy Price Cap ‘Could Soon Be Scrapped’

Officials are considering scrapping the price cap when the UK government’s energy bill package ends in October 2024.

20th CPC National Congress

20th CPC National Congress | China’s Energy System Withstands Tests of COVID-19, Global Volatility

China's energy supply system has withstood the tests of the COVID-19 epidemic and major natural disasters, and effectively cushioned the impact of volatile inte…

Natural Gas

EU Leaders Set to Explore Gas Price Cap Options

European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks.

Natural Gas

Five EU Countries Propose Two Options to Cap Gas Prices

Greece and four other EU countries on Thursday made a joint request to the European Commission to explore two options to cap soaring gas prices and propose poss…

Natural Gas

EU Leaders May Back New Gas Price Benchmark, Document Shows

European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers an…

Crude Oil

Oil Slides as U.S. Crude and Gasoline Stocks Surge

Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…

LNG

Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive

U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top exec…

Natural Gas

Gas Price Cap Deal Eludes EU Countries, for Now

The European Union will unveil proposals next week to launch joint gas buying within months and develop an alternative gas price benchmark.

United Kingdom

UK Renewables and Nuclear Generators Face Windfall Tax as Government U-Turns Again

Westminster is trying to break the link between high gas prices and electricity revenue.