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Nord Stream 2

ExxonMobil Joins Western Oil and Gas Company Exodus From Russia

US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.

Oil Price

Oil Prices Surge More Than 7% to Highest Since 2014

Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …

Liquid Hydrogen

KBR will Support Shell in Hydrogen Liquefaction

U.S. engineering company KBR has been granted a contract to provide professional services to energy giant Shell for hydrogen liquefaction development.

Crude Oil

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…

GECF Launches Global Gas Outlook 2050

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, today publicly unveiled its annual GECF Global Gas Outlook…

Crude Oil

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…

India

Pakistan to Raise Objections over 10 Indian Hydro Projects

Pakistan is likely to raise objections over the construction of 10 new hydropower projects by India at the annual meeting of the Permanent Commission on Indus W…

Hydropower Plant

Electroperú Issues Call to Rehabilitate 1 GW Mantaro Hydro Complex

State hydroelectric generator Electroperú has issued a consultancy call for a project to guarantee operation of the 1 GW Mantaro complex, Peru’s largest hydro…

Solar Technology

DHL Installing TRAILAR Solar Technology on 67 Trucks in US

DHL Express is installing solar panel units on trucks within its US pickup and delivery fleet, reducing fuel consumption in markets throughout the country.

Nuclear Power Plant

Bechtel, Westinghouse, and GE Steam Power to Consider Nuclear Projects in Poland

US-based Bechtel and Westinghouse announced that they had signed a Memorandum of Understanding with GE Steam Power to explore opportunities in their joint pursu…

Wind Farm

Shell Buys into Australian Wind Farm Developer with $4 bln Project Portfolio

Global oil and gas major Shell Plc has agreed to buy a 49% stake in wind farm developer WestWind Energy's Australian arm as it looks to build a low-carbon power…

Crude Oil

Can the U.S. Replace Russian Oil Imports?

Following Russia’s invasion of Ukraine, one of the issues being discussed a lot in the West is what an ongoing military conflict may do to oil prices.

Nuclear Power Plant

UN Watchdog Concerned over Ukraine Nuclear Power Plant

The UN atomic energy watchdog's chief on Monday expressed "grave concern" that invading Russian troops were operating close to the largest nuclear power station…

Joe Biden

Biden Set to Push Plan to Lower Energy Costs

President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…

Nuclear Power Plant

Ukraine Says Nuclear Plants 'Operating Normally'

The State Nuclear Regulatory Inspectorate of Ukraine, in its update at 08:00 local time (06:00 GMT) on Monday 28 February said, there have been "no violations" …