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Hydrogen Project

EU Plunges into Green Hydrogen and Renewables Plans as it Sidesteps Russian Gas

Commission says the RePowerEU plan will achieve independence from Russian energy before 2030.

Electric Car

Ford Plans Seven Electric Models in Europe by 2024

Ford has created a new global business unit – Ford Model e – focused on the design, production, and distribution of electric and connected vehiclesAutomotive …

Hydrogen Fuel Cell

Green Hydrogen Fuel to Become Competitive Due to War in Ukraine

Bloomberg New Energy Finance (BNEF) recently released a report titled “Ukraine War Makes Green Hydrogen Competitive”, examining the impact of the Russian inva…

Coal Mine

Ohio Utility Says Two Coal Plants Could Close Next Year

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously …

Oil Shale

US Shale Still Finding Footing amid Market Chaos

US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…

Energy Transition

Eni Sells 49% of Its Business Enipower

Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.

Coal Price

Coal Prices Rise to Record Levels on Russia Supply Fears.

Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.

Crude Oil

Saudi Considering China’s Yuan for Oil Purchases

Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.

Coal Production

Bens Creek Group Provides Coal Production and Delivery Update

Bens Creek, the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, has announced an update on coal production …

Oil Exploration

Deep-Water Exploration Permits Attract Attention in Australia

Offers submitted for nine exploration blocks of which six are off the south-east coast

Crude Oil

Brent Crude Down Almost 6% but Still Above US$100 a Barrel

Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…

Natural Gas

After more than a Week, Gas is Still Leaking on the North Slope

Ten days after a natural gas leak was discovered at its Alpine oil development on Alaska’s North Slope, ConocoPhillips is still trying to identify the exact so…

Hydrogen Production

Has Russia Thwarted Its Hydrogen Future?

The hydrogen economy goes well beyond the production and export of low carbon hydrogen to encompass technology covering the entire hydrogen value chain — an ar…

Crude Oil

Oil Terminal Blast In Nigeria Takes Production Offline

An oil terminal was shut down in Nigeria after an attack caused a blast on the facility, and the operator of the terminal declared force majeure that will see c…

Natural Gas

Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage

Russian producer was hoping for a much-needed boost in oil reserves within large licence block in Russian sector of the Caspian Sea