Ukraine

LNG

Biden Administration Approves More LNG Exports to Europe

The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast.

Crude Oil

Brazil Assures US it will Increase Oil Production

The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …

Natural Gas

US Gas Exports Can ‘Easily’ Replace Russian

The global energy market has been suddenly upended by Russia’s invasion of Ukraine, but one energy boss says the US could step in and help shore up global supp…

Crude Oil

BP may Take $25 Billion Hit from Divestment from Russian Oil Company

BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…

Ukraine

Russia Could Destroy Nearly Half of Ukraine’s Renewables, Worth Nearly $6B

Almost half of Ukraine’s renewable energy facilities, which have a combined capacity of almost 4 gigawatts (GW) and worth of more than $5.6 billion, are in the…

Nuclear Power Plant

Powering Ukraine’s Zaporizhzhia Nuclear Plant Is Still a Problem

It's in the same country as Chernobyl, but its difficulties post-Russian invasion recall another cautionary tale.

Emissions Trading System

Russia-Ukraine Crisis: Reforming the EU ETS Is a Matter of Energy Security, Says PGE

European leaders are now rushing to make decisions on how to drastically cut dependence on Russian fossil energy imports.

Hydrogen Fuel Cell

Green Hydrogen Fuel to Become Competitive Due to War in Ukraine

Bloomberg New Energy Finance (BNEF) recently released a report titled “Ukraine War Makes Green Hydrogen Competitive”, examining the impact of the Russian inva…

Oil Shale

US Shale Still Finding Footing amid Market Chaos

US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…

Crude Oil

Brent Crude Down Almost 6% but Still Above US$100 a Barrel

Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…

Natural Gas

Average US Gas Price Rises 22% in Two Weeks to Record $4.43

The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…

Nuclear Power Plant

Ukraine Restores Power Supply to Chernobyl Power Plant

Ukraine has restored electricity supplies to the Chernobyl Nuclear Power Plant (NPP) after it was disconnected from the grid last week, the International Atomic…

Crude Oil

As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil

India may take up a Russian offer to buy crude oil and other commodities at a discount.

United Kingdom

UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks

Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …