Rice

United Kingdom

UK’s Electricity Market Braces for the Biggest Shake-up of the Last 30 Years

The government is considering cutting the link between electricity and gas prices

Electric Car

Will Soaring Lithium Prices Spark Demand Destruction?

Lithium prices rose by over 400 percent last year and they are showing no sign of falling anytime soon.

Oil Price

Why Is There a Worldwide Oil-Refining Crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…

Coal Price

Australian State’s Coal Royalty Hike Could Nudge Others to Follow Suit - Analysts

Queensland's bigger-than-expected hike in coal royalties could embolden other Australian states and resources-heavy countries around the world to make similar m…

Carbon Pricing

Global Climate Goal Could Be In Peril Without Carbon Price Reform

Investors managing $10.6 trillion on Wednesday said an overhaul of international carbon pricing policies was necessary to prevent the world missing a goal to li…

Natural Gas

“Nord Stream Reductions Will Increase Energy Prices Further”

Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.

Oil Price

Oil Rises on Market Caution Over Tight Supply

Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab…

United Kingdom

UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices

Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a …

Oil Price

Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…

Coal-Fired Power Plants

Australian Power Crisis Eases as Coal-Fired Plants Crank Up

Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…

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.