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Crude Oil

Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions

Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.

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.

Coal Company

MCL Becomes the Largest Coal Producing Company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…

Floating Offshore Wind

What’s the Potential of Floating Offshore Wind?

The U.S. could soon emerge as a leader in floating offshore wind development, according to a new report.

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.

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

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 …

Wind Farm

140MW Wind Farm Starts Feeding South Africa’s Grid

African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…

Coal Mine

Water Sampling Unlocks UK’s Geothermal Energy

Using the UK’s abandoned coal mines as a source of geothermal energy for district heating schemes is a positive development for the nation’s net zero goals.

Nuclear Power Plant

Efforts Continue to Restore Power to Chernobyl

IAEA Director General Rafael Mariano Grossi said Energoatom CEO Petro Kotin had told him on Sunday that specialists had fixed one of two damaged lines to the p…

Nuclear Power Plant

Finnish EPR Starts Supplying Electricity

Unit 3 of Finland's Olkiluoto nuclear power plant was connected to the national grid on 12 March and has started supplying electricity, operator Teollisuuden Vo…

Crude Oil

Japan to Call on Middle East Oil Producers to Raise Output

Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …

Coal Price

Bens Creek up and Running with Met Coal Sales From North American Mine

Bens Creek Group PLC has fulfilled its first two purchase orders for metallurgical coal from Integrity Coal Sales Inc.

Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…

Oil&Gas Drilling

Shale Drilling Climbs Most in Month as Biden Calls for More Oil

Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a b…