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Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Natural Gas
New Pipelines Carrying Natural Gas Plant Liquids Increase Natural Gas Processing
Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas pro…
Crude Oil
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…
Crude Oil
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…
Nuclear Reactor
Brazil Looks at Nuclear Power as Demand for Electricity Grows
A government agency that supports research into Brazil’s energy sector has forecast a significant jump in demand for electricity within the country over the ne…
Geothermal Power Plant
Well-Constructed Solution: Geothermal to Power Bitcoin Mining
The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal…
Oil Price
Oil at $103: No Fears of Supply Disruption to India, Prices a Concern
International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…
Solar Power Panel
LG Electronics to Exit Global Solar Panel Business
The firm cited the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business as the reason behind the depar…
Oil Price
Oil Prices Could Jump by $20 if Ukraine Crisis Worsens, Warns BofA
Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research s…
Oil Price
India’s Fuel Appetite Seen at a Record even as Oil Nears $100
Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…
Crude Oil
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…
Saudi Arabia
Saudi, European, American Officials Discuss Iran's Nuclear File
Saudi Foreign Minister Prince Faisal bin Farhan bin Abullah held talks on Sunday with several ministers and political leaders on the sidelines of the Munich Sec…
Oil Price
Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine
Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were…
Oil Price
Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak
Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.
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