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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…

Oil & Gas Supply

Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis

Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

Natural Gas

Is Hydrogen a Better Bridge Fuel Than Natural Gas?

With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage.

Carbon Neutral

UK Pledges to ‘Build Its Greenest Road Ever Built’

National Highways said it will use the Lower Thames Crossing project as ‘carbon-neutral’ construction pathfinder.

Natural Gas

Germany Plan to Construct Two Liquefied Natural Gas Terminals

Germany will construct two liquefied natural gas (LNG) terminals, German Chancellor Olaf Scholz said on Sunday, pledging to do more to protect Germany’s energy…

LNG

U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG

U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…

Natural Gas

Saudi Arabia Discovers Natural Gas in Different Locations

Saudi Aramco, the world’s largest oil-exporting company, has discovered a number of new natural gas fields in different regions of the country, according to th…

Nuclear Power Plant

IAEA Calls Extraordinary Meeting to Discuss Ukraine Nuclear Safety

​The International Atomic Energy Agency on Sunday said it was calling an extraordinary meeting of its board of governors next week "to discuss the current situ…