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Oil Price
Petrol, Diesel Price Hikes may Restart from Next Week
Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…
Oil Price
ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens
Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …
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…
Hydrogen Production
Is Hydrogen The Key To A Greener Shipping Industry?
Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical …
Oil Price
Petrol, Diesel Price Hikes Expected to Restart from Next Week
Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices s…
Hydrogen Production
Plans Unveiled for Massive Green H2 Hub in Texas with 60 GW of Renewables
Green Hydrogen International (GHI) today shared plans for the development of a green hydrogen production and storage hub in South Texas that will be backed by 6…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Crude Oil
Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low
Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes …
Europe Looks for Alternatives to Russian Energy
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.
Oil Price
IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman
The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…
Crude Oil
Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets
The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…
Electric Car
Ford Set to Announce Plans to Run EV, ICE as Separate Businesses
Ford Motor Co on Wednesday will announce a reorganization under which its electric vehicle (EV) and internal-combustion engine (ICE) units will be run as separa…
Nuclear Power Plant
Ukraine Asks IAEA for 30km Safe Zones Around Nuclear Plants
The head of Ukraine's nuclear power plant operator Energoatom has asked the International Atomic Energy Agency (IAEA) to intervene to help keep the area around …
Hydrogen Production
New Screening System May Point the Way to Clean, Renewable Hydrogen Power
A new, highly sensitive system for detecting the production of hydrogen gas may play an important role in the quest to develop hydrogen as an environmentally fr…
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 …
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