Rice

Natural Gas

German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros

A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developme…

Coal-Fired Power Plants

Australia Set to Face High Power Prices as Coal Plants Retire

Australia is set to face high electricity prices for several years as massive new investment will be needed in transmission lines to hook renewable energy proje…

Solar Cell

Solar Cell Breakthrough Could Challenge Silicon Dominance

Engineers at Rice University have solved a long-standing conundrum in making stable, efficient solar panels out of halide perovskites.

Oil Price

Biden to US Oil Companies: ‘Bring Down Petrol Prices Now’

Crude prices have fallen in recent weeks on fears of a global economic slowdown.

Natural Gas

How Germany’s Industrial Giants Are Preparing for Winter

Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply - but it ha…

Electric Car

Elia and re.alto Partner With VW’s Elli on Grid Integration of EVs

The focus is on four areas in particular, price signals/incentives, market design, trusted data and data security and connectivity.

Oil Price

Oil Prices Steady on Prospect of Balancing Supply After Steep Selloff

Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in …

Natural Gas

Group of Countries to Push EU for Gas Price Cap

A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen b…

Oil Price

BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian

BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…

Natural Gas

Germany Considers Price Caps as Energy Crisis Worsens

Germany looks to cap the prices of electricity and natural gas to help households and businesses reel from the soaring energy prices.

Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Crude Oil

APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles

Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

Oil Price

Volkswagen Warns: High Gas Prices Could Impact Car Production

Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord …

Belgium

Thousands Take to the Streets in Belgium Against Soaring Energy Prices

Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest t…