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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…

Electric Car

California Can Set Rules on Electric Vehicles, Emissions -U.S. EPA

The U.S. Environmental Protection Agency (EPA) on Wednesday restored California's ability to set its own zero-emission vehicle sales mandate and tailpipe emissi…

Hydropower Plant

NTPC Completes Trial of Unit-3 of Nabinagar Power Generating Company

State-owned NTPC Limited on Wednesday announced that unit-3 of the 660 MW capacity of Nabinagar Power Generating Company Limited has successfully completed the …