Un

Joe Biden

$4 Gasoline Could Lead to Demand Destruction in the U.S.

More than half of all Americans said they would change their driving habits or lifestyle if the cost of gasoline rose to $4 per gallon, new AAA survey data show…

Coal Price

Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says

Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…

Crude Oil

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…

Crude Oil

Biden Walks Tightrope Between Need for Oil and Push to Go Green

With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…

South Korea

Generating Carbon-Free Fuels

A metal foam could underpin a low-cost method for generating carbon-free fuels, researchers from KAUST have shown.

Nuclear Fuel

Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports.

Nuclear Power Plant

Chernobyl Power Cut, Transmission Lost at Europe's Largest Atomic Plant: IAEA

Power has been cut to the Chernobyl nuclear plant, Ukraine said Wednesday, but the UN's atomic watchdog said there was "no critical impact on safety".

Nuclear Power Plant

UK Nuclear Site Choices 'Should be Reusable'

With the planned expansion of nuclear power in the UK, the government needs to harness community support and include the full lifecycle when considering propose…

Oil Price

Oil Extends Losses; Russia to Fulfil Supply Contracts

Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil Exploration

PM of Barbados Defends Country’s Oil and Gas Exploration

Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…

Natural Gas

U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop

U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…

Oil & Gas Supply

European Oil and Gas Majors’ Exposure to Russia Is Limited

European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …

Carbon Neutral

JD.com Builds China’s First Carbon-Neutral Intelligent Industrial Park

Chinese tech and e-commerce giant JD.com announced on Wednesday that its “Asia No.1” logistics park in Xi’an, Shaanxi Province, has obtained certificates for…

Oil & Gas Supply

OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia

The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…