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Rice
Crude Oil
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …
Offshore Wind Power
Rovco Awarded Contract for Beatrice Offshore Wind Farm
For the third year running, Rovco, a provider of offshore subsea and survey solutions, has been awarded a contract to carry out work on the Beatrice offshore wi…
Energy Storage Battery
Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher
Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amou…
Offshore Wind Power
Reflections on the UK’s Energy Strategy
After Ofgem announced a 54% hike to energy price cap which took effect on April 1, the sound of the UK Government’s new energy strategy landing on desks acro…
Oil Price
Boris – Fuel Prices to Remain High for a While to Come
The plan to boost offshore wind and nuclear will be “immensely beneficial” for Britons, the Prime Minister has said.
Energy Transition
Demand for Low-Carbon Hydrogen in Refining Could Reach 50 Mtpa by 2050
Lower costs and high carbon prices are needed to make cleaner energy source competitive, says Wood Mackenzie
Electric Vehicle Battery
The World Is Scrambling for Lithium Supply
As a crucial component in EV batteries, lithium prices have skyrocketed.
Which Businesses Are the Worst Hit by Soaring Energy Prices?
Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
LNG
U.S. Natural Gas Prices Drop After Explosion at Freeport LNG Terminal
An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to f…
Oil Price
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
Solar Power Panel
Polysilicon Production Growth to Stabilise Solar Module Prices: Report
Total production is expected to reach 700,000 tonnes in 2022, globally.
Energy Transition
High Fuel Prices Could Erode Public Support for Energy Transition, Chevron CEO Says
Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down …
Germany
Germans Tackle Energy Crisis With €9-A-Month Transport Tickets
A new government scheme offers unlimited travel on all local and regional public transport
Hydrogen Project
Hydrogen Price Could Fall to €5 per KG in 2025
A new report suggests green hydrogen will undoubtedly become the cheapest energy option in the future.
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