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Crude Oil
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…
Oil & Gas Supply
Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War
In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …
Oil & Gas Trade
Ukraine: Workers Refuse to Unload Russian Oil from Ship
Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.
Oil Price
Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…
Natural Gas
Denmark to Boost Defence Spending and Phase out Russian Gas
Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …
Oil & Gas Trade
Hundreds of NGOs Call for Import Ban on Russian Oil, Gas
Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …
Nuclear Power Plant
IAEA Appeal After Shelling and Fire at Zaporozhe
IAEA director general appeals for halt to use of force, plans to travel to Ukraine
Oil Price
U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…
Crude Oil
Shell Defends 'Difficult' Decision to Buy Russian Crude Oil
Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine.
LNG
Ukraine Will Import Gas From Poland From March 6
Ukraine from March 6 will be able to import gas from Poland, including gas from Polish LNG terminals, Ukrainian state-run gas transit system operator said on Sa…
Natural Gas
Ukraine Is Stopping Exports, but Not Transit of Natural Gas
Ukraine has stopped exporting natural gas since midnight, the Ukrainian news agency Ukrinform reported, citing a statement from the Ukrainian gas operator.
Energy Storage Technology
Fortescue Accelerates Plans for Gravity-Charged Electric Powertrain
Australia-based mining giant Fortescue has started the development of an electric train that recharges itself using gravity, after settling its recent purchase …
Nuclear Power Plant
'There's so many Uncertainties': Expert Reacts to Ukraine Nuclear Power Plant Fire
CNN's Anderson Cooper reports that a nuclear power plant is on fire in Ukraine. Nuclear policy expert Graham Allison explains the risks associated with this eme…
Nuclear Power Plant
IAEA Urges Russia to 'Cease Actions' at Ukraine Nuclear Sites
The UN nuclear watchdog passed a resolution Thursday urging Russia to "cease all actions" at Ukraine's nuclear facilities, including the site of the Chernobyl d…
Coal Price
Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…
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