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Coal Price

U.S. Coal Prices Soar as War Drives Global Commodities Rally

Concerns of a looming global shortage of coal are driving up prices in every U.S. region that has access to export markets.

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 Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

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 …

Oil & Gas Supply

Alberta Oil can be a Solution to U.S. Energy Supply Crunch

Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag…

Wind Farm

Vestas Halts Four Wind Farm Projects in Russia

Vestas will halt its four wind farm projects under development in Russia as consequence of Russia’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reporte…

Energy Storage Battery

EIA Sees Continued Sunny Skies for Solar and Energy Storage

Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …

Oil & Gas Trade

US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says

US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …

Electric Car

U.S. Clean Energy Investments Topped $100b in 2021

A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.

Crude Oil

China Scrambles to Ensure Energy Security as Commodities Soar

China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu…

Oil & Gas Trade

US Officials Reportedly Visit Venezuela to Discuss Easing Oil Sanctions

Highest-level talks in years yield little progress as politicians look to further isolate Russia

Wind Power Project

U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why

New wind installations fell in 2021 as the industry faced a series of challenges, including supply chain headwinds, logistics logjams and international trade ba…

Offshore Wind Power

TerraSond Supports Vineyard Wind 1 Project

TerraSond, a product and service line brand in Acteon’s geo-services segment, plans to invest in a new base in Massachusetts, US, as part of its commitment to …

Natural Gas

EU Says Independence From Russian Gas Is Possible Within Years

The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief …

Nuclear Power Plant

Karachi 3 Begins Supplying Electricity

Unit 3 of the Karachi nuclear power plant in Pakistan has been connected to the electricity grid, becoming the fourth Hualong One reactor in the world - and the…