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Crude Oil

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…

Nuclear Power Plant

Philippines Approves Revival of Nuclear Power to Help Replace Coal

Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing…

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.

Nuclear Power Plant

China Voices Concerns for Safety of Ukraine's Nuclear Facilities

China's Permanent Representative to the United Nations in Vienna Wang Qun on Wednesday expressed concern for the safety of nuclear facilities in Ukraine amid th…

Oil & Gas Supply

Sanctions on Russian Energy ‘on the Table,’ White House Says

The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …

Wave Energy

Scottish Wave Energy Firm Lands £730,000 Funding

A wave power company has secured a major new investment to speed up the commercial rollout of its technology.

Firm, Siemens Energy Seal Power Deal

Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to…

Natural Gas

Michigan’s Average Gas Prices now $3.55 per Gallon, Experts See ‘Little to No Relief’ amid ‘Perfect Storm’

Michigan’s average gas prices continue to rise amid rising oil prices brought on by Russia’s invasion of Ukraine.

Offshore Wind Power

TotalEnergies Begin Development of Offshore Wind Farm

TotalEnergies has successfully been named a winner of maritime lease area OCS-A 0538 by the Bureau of Ocean Energy Management (BOEM) in the New York Bight aucti…

Wind Power Project

Uzbekistan Announces Wind Project

Uzbekistan’s Ministry of Energy announces a milestone development at its 100 MW Nukus wind project, in conjunction with its operational partner, ACWA Power, th…

Oil & Gas Supply

OPEC+ Makes Modest Supply Hike as Russia Turmoil Lifts Price

OPEC and its allies agreed another modest revival in supplies for April at a low-key meeting that was overshadowed by the market turmoil unleashed by Russia’s …

LNG

Italy Halts Funding for $21 Billion Arctic LNG 2 Project

Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…

Oil Price

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortf…

Oil Price

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesd…

Oil Price

Global Oil Market is ‘Going to Look Different’ After Russia-Ukraine War, Strategist Explains

Blue Line Futures Chief Market Strategist Philip Streible joins Yahoo Finance's Brian Cheung to discuss the increase in oil prices and the outlook for the globa…