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Energy Investment
China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
Electric Car
How the World’s Big Three Car Markets Fared on Electric Vehicles in 2021
Now that we have the statistical data for the year 2021 complete, it is time for a comparison of the current status of electric vehicle uptake in the three larg…
Offshore Wind Power
Vestas Inks Deal in South Korea for 9-Gigawatt Offshore Wind Complex
Danish wind turbine manufacturer Vestas has signed a Memorandum of Understanding with Ulsan City, Ulsan Port Authority, and Sejin Heavy Industries & Constructio…
Coal Price
Ukraine Crisis Could Send Coal Prices to $500
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.
Joe Biden
$4 Gasoline Could Lead to Demand Destruction in the U.S.
More than half of all Americans said they would change their driving habits or lifestyle if the cost of gasoline rose to $4 per gallon, new AAA survey data show…
Coal Price
Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says
Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…
Crude Oil
Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says
Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…
Crude Oil
Biden Walks Tightrope Between Need for Oil and Push to Go Green
With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…
Nuclear Fuel
Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium
Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports.
Wind Farm
Vestas Secures Cordelio Power Order
Vestas has received a 171 MW order from Cordelio Power to power the Moraine Sands wind project in Illinois, US. The order consists of 38 V150-4.5 MW turbines.
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 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 Exploration
ONGC Conducts Seismic Surveys in Tripura to Identify Oil Reserves
ONGC started drilling in Tripura back in 1962. The national oil and gas explorer was awarded acreages at Central Baramura, Aramura Bulge, Tichna and Khubal area…
Natural Gas
U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop
U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…
United States
Private Investment in California's Solar Energy Industry Increases Climate Vulnerabilities, Study Finds
Energy systems development is driven more by financial considerations than environmental ones, leaving customers more vulnerable to the effects of climate chang…
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