Russian

Nuclear Power Plant

Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs

The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".

Thermal Coal

Tough to Find Alternatives for Russian Thermal Coal, Says Japan Utilities Group Head

Alternatives for Russian thermal coal are difficult to find as the market is getting tighter, the head of a group representing Japanese utilities said on Friday…

Energy Transition

Ukraine ‘Could Become a Vital Supplier of Renewable Energy to Europe’

Ukraine geographically and climatically has a “huge potential” for the development of renewables, DTEK Executive Director has said.

Crude Oil

Major Oil Traders Cut Russian Crude Purchases Starting Next Month

Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…

Coal Trade

How Much Coal in Europe Comes From Russia?

The European Union announced last week that it would ban Russian coal, the latest escalation in sanctions as the war in Ukraine drags on.

Solar Power Panel

Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves

Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.

LNG

U.S. Gas Storage Emptied by Exports to Europe and Asia

U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…

Nuclear Power Plant

European Renaissance for Nuclear Energy?

Could nuclear power help break Europe's dependency on Russian gas?

Natural Gas

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Coal Trade

Germany Will Need Full Transition Period to Ban Russian Coal

Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …

Oil Price

Shell Raises Russia Writedown to as Much as $5 Billion

Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…

Wind Turbine

Wind Turbine Maker Vestas to Exit Russia

Vestas, a Danish manufacturer of equipment for renewable energy that has production facilities in Russia, plans to exit the country, Danish TV network TV2 repor…

Coal Trade

Europe’s Russia Coal Ban Foreshadows Higher Global Energy Prices

Europe is taking a big gamble as it moves to ban Russian coal, potentially leaving itself vulnerable to shortages and rolling blackouts while the rest of the wo…

Coal Trade

EU Targets Russian Coal, Ships in New Sanctions

The EU is proposing the 5th round of sanctions against Moscow, which among others target coal imports from Russia, European Commission President Ursula von der …