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Crude Oil

India's Fuel Demand Rises 5.4% in February

India's fuel demand rose 5.4% in February, compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry…

Oil Price

Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs

Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…

Nuclear Power Plant

Rolls-Royce SMR Entering Regulatory Assessment Process

Rolls-Royce SMR’s nuclear power plant design is entering the Generic Design Assessment process with its regulators.

Coal Price

Coal Use Rises, Prices Soar as War Impacts Energy Markets

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …

Natural Gas

How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year

The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…

Hydrogen Production

Low-Carbon Hydrogen Production to Be Explored in Egypt

Egypt could be set to grow its hydrogen economy with the revealing on March 7 of a memorandum of understanding (MoU) to assess low-carbon hydrogen production in…

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

Oil Price

Saudi Aramco Raises April Crude OSPs to Asia, Europe, US

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…

Hydrogen Production

Is Hydrogen The Key To A Greener Shipping Industry?

Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical …

Rooftop PV System

Italy Speeds up Permits for Solar up to 200kW, Allocates €267 Million for Rebates

The Italian authorities have introduced new provisions in the DL Energia decree to reduce energy bills for households and businesses.

Rooftop PV System

Clean Energy Supply Chains Need ‘Significant’ Improvement, DOE Report Finds

A year after President Joe Biden signed an executive order calling for a review of American supply chains, the Department of Energy released what it called its …

Hydrogen Fuel Cell Vehicle

Five Hydrogen Buses to Hit the Roads in Palma De Mallorca, Spain

Hydrogen buses will be hitting roads in Palma de Mallorca with Solaris revealing today (March 3) plans to establish the zero-emission buses on the Spanish city…

Oil & Gas Trade

Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions

Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…

Oil & Gas Supply

ADX Energy Increases Austrian Oil and Gas Production

Europe-focused ADX Energy has increased oil and gas output from its Gaiselberg and Zistersdorf fields by 25 per cent in the Vienna Basin, Austria.