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LNG

Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face

Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…

Oil Price

Oil Surges on Russia Nuclear Alert as Sanctions Intensify

Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …

OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data

OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…

Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project

Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in r…

Electric Vehicle Charging

Siemens Unveils Easy-to-Deploy EV Charging Concept

Siemens Smart Infrastructure has unveiled a new sustainable, EV charging concept structure designed for electrifying fleets and high demand charging application…

United States

Progress on Iran Nuclear Deal, but Tough Issues Remain

Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…

Offshore Wind Power

U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…

United Kingdom

Shell Faces U.K. Showdown Over Impact of ‘Cataclysmic’ Oil Spill

A group of Nigerians want a trial against Royal Dutch Shell Plc in the U.K. for what they allege was a “cataclysmic” oil spill that wreaked havoc on their com…

Hydrogen Storage

Novel Hydrogen Storage to Be Piloted in UK

Australian hydrogen storage developer Carbon280’s Hydrilyte refueller is set to be trialled in a world first in UK.

Coal Mine

Germany to Reate Strategic Coal and Gas Reserves

As Russia launched its attack on Ukraine, Europeans relived scenes from another time. Germany will now enact laws to ensure strategic energy reserves to cut dow…

Solar Developer Has Plan to Turn Oil Wells into Energy Storage

A California developer of concentrated solar power (CSP) systems has announced an innovation that it says combines the company’s technologies to turn existing …

Energy Transition

CCC: New Oil and Gas Is Not the Best Protection Against High Prices

The CCC advocates a “tighter limit” on oil and gas production.

Oil & Gas Trade

Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister

Sri Lanka needs 1,285 million US dollar for oil imports in the next three months, of which 500 million will come from an Indian credit line, Energy Minister Uda…

LNG

Germany to Create Strategic Coal and Gas Reserves

As Russia launched its attack on Ukraine, Europeans relived scenes from another time. Germany will now enact laws to ensure strategic energy reserves to cut dow…

Nord Stream 2

US Sanctions Company Behind €9.5bn Nord Stream 2 Pipeline

The sanction, which is in response to Russia’s actions in Ukraine, targets Nord Stream 2 AG and its CEO.