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Oil Price
Russia’s SWIFT Ban Could Send Shockwaves Through Oil and Commodity Markets
Russia’s decision to invade Ukraine was originally met with a relatively tepid response from world leaders, but now sanctions are intensifying key Russian bank…
Nuclear Power Plant
IAEA Monitors Nuclear Facilities in Ukraine
The IAEA said it continues to closely monitor developments in Ukraine, with a special focus on the safety and security of its nuclear power reactors.
Crude Oil
Can the U.S. Replace Russian Oil Imports?
Following Russia’s invasion of Ukraine, one of the issues being discussed a lot in the West is what an ongoing military conflict may do to oil prices.
Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
Nuclear Power Plant
UN Watchdog Concerned over Ukraine Nuclear Power Plant
The UN atomic energy watchdog's chief on Monday expressed "grave concern" that invading Russian troops were operating close to the largest nuclear power station…
CCS
The Future of Global Carbon Capture and Storage
Carbon capture and storage (CCS) is the process in which carbon dioxide that is produced during the generation of power and its industrial processes is prevente…
Joe Biden
Biden Set to Push Plan to Lower Energy Costs
President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…
Climate Policy
CPS Energy Will Spend $50 Million to Comply with EPA Rule on Coal Ash Storage
Despite opposition from environmental activists, CPS Energy trustees Monday approved the construction of a $50 million retention pond for the J.K. Spruce Power …
Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
CCS
Energy Partners Announce CCS Project at Port of Corpus Christi
Talos Energy and Howard Energy Partners (HEP) plan to pursue opportunities for carbon capture and sequestration (CCS) at the Port of Corpus Christi, under a new…
OPEC
Saudi Crown Prince Says Kingdom Still Committed to OPEC+ Oil Agreement with Russia
Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the blo…
Decarbonising Industry Can Be ‘Mission Possible and Profitable’
Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…
Energy Investment
Norway’s Equinor will End Investments in Russia, Exit Joint Ventures
Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
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