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Natural Gas

How Europe Can Boost Energy Security and Reduce Its Reliance on Russian Gas

January is the cruellest month when it comes to European gas demand. It is now the end of February and the continent has almost a year to bolster its strategic …

Carbon Pricing

Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market

Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.

Carbon Emissions

China Sees Biggest Growth in Energy and Coal Use Since 2011

China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…

Oil & Gas Supply

Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?

Russia and Ukraine are major exporters of food and agricultural products, and if these products are disrupted then there could be significant unrest in the MENA…

Oil Price

West Still Reluctant to Target Russian Energy on Economy Fears

Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…

Crude Oil

White House Vows to Avoid Future Sanctions on Russian Crude Oil

The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …

Oil Price

Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil

Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.

Offshore Wind Power

EDP Wins 400 MW of Offshore Wind Power in the US

Ocean Winds, owned by EDP Renováveis and Engie, has closed a 20-year power purchase agreement for 400 MW in the United States to provide clean offshore wind en…

Natural Gas

Gas Prices Soar Amid Crisis In Ukraine

The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…

Russian Federation

Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy

President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…

Oil & Gas Trade

BP to Exit its 20% Stake in Russian Oil Giant Rosneft

BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.

Energy Transition

District Heating Systems Key to Green Energy Transition

​Recently announced plans for large geothermal heating project, highlighting the crucial role of district heating in the energy transition.

Crude Oil

Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise

Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…

Electricity Transmission

Xinjiang's Electricity Transmission Volume Tops 500B kWh

Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …

Natural Gas

Saudi Arabia Announces Discovery of Five Natural Gas Fields

Saudi Arabia’s state oil company discovered five new natural gas fields across the kingdom that can produce over 100 million cubic feet per day in total, as th…