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Carbon Pricing
Ukraine Invasion Crashes Carbon Credit Prices
The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…
Crude Oil
Norway's Equinor Halts Trading Russian Oil
Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executi…
Oil Price
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil Price
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…
Oil & Gas Supply
European Oil and Gas Majors’ Exposure to Russia Is Limited
European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …
Coal Mine
Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives
Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to sup…
Ukraine
Could the Russia-Ukraine Conflict Accelerate the Shift to Green Energy?
The crisis in Ukraine has forced Western countries to reevaluate their reliance on Russian energy.
Coal Trade
China Could Turn to Indonesia for Coal as Russian Exports Are Disrupted, Says CLSA
Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA.
Oil Price
Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply
China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob…
Oil Price
Asian Shares Surge as Russia-Ukraine Talks Buoy Sentiment
Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned …
Natural Gas
Gas Prices Jump in Wake of Biden's Ban on Russian Oil
The cost to fill up the gas tank has gone from bad to worse with the national average hitting a new record. President Biden warned Americans to expect to pay ev…
Wind Turbine
Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia
Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…
Electric Car
Gas Prices Are Spiking — Don’t Expect Sales of Electric Vehicles to Follow
Consumers hoping to switch to an all-electric or more fuel-efficient vehicle, while Russia’s invasion of Ukraine pushes gas prices to record highs, will largel…
Crude Oil
EU Leaders Tackle Escape Route From Russian Fossil Fuels
European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.
LNG
Germany to Build Its Own LNG Terminal
European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …
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