Rice

Oil Price

Oil Prices Climb on Tight Supply Worries

Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between…

EU

European Utilities Rally as EU Unveils Rescue Plan

Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

LNG

South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices

South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy…

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Natural Gas

EU Mulls Energy Price Cap for Certain Generators - Document

The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.

Natural Gas

European Intervention Sees Gas Prices Drop

The EU is looking to separate gas and electricity prices to protect consumers.

Crude Oil

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

UAE, Oman back Saudi view on possible output cut

Clean Energy Transition

Australian Energy Crisis Gives Rise to New Gas Supply Need

Energy prices rose 400% up to AU$40 per gigajoule.

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …

France

EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price

Minority shareholders in EDF are accelerating their efforts to challenge the price set for the nationalisation of the French energy group, believing the governm…

Crude Oil

Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening

Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and …

France

Iberdrola Responds to Rumours of Terminating French Power Contracts

Energy price hikes have reportedly forced the energy giant to terminate contracts with thousands of its French customers

Oil Price

Big Tech Is Under Pressure to Turn Its Back on Big Oil

Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi…

Oil Price

Oil Prices Rise After Saudi Says OPEC Could Cut Output

Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.