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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…

Oil Price

Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies

Oil prices receded to below $100 a barrel at the end of trading on Friday after breaching the psychological level to reach prices not seen since 2014.

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…

Natural Gas

Germany Halts Gas Pipeline, Predicts Russia Will Lose Other Energy Customers over Ukraine

Germany’s vice chancellor said Thursday that Russia’s attack on Ukraine is “completely illogical” and will backfire, causing western nations to stop buying …

Energy Storage System

Battery Energy Storage Systems as Viable Transmission Assets

A new report from Guidehouse Insights explores the benefits of storage as a transmission asset (SATA) in power grid upgrades and provides an update on regulator…

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…

Oil Exploration

Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B

TotalEnergies said Thursday it has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Bas…

CCS

An Overview of Europe's Carbon Capture and Storage Developments

The EU made a target to be climate-neutral by 2050, including goals to cut 2030 net greenhouse gas emissions by a minimum of 55 percent compared to 1990.

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…

Crude Oil

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…

Hydrogen Transport

Mitsubishi to Build Hydrogen Power Demonstration Facility in Japan

Japanese engineering giant targeting the commercialisation of hydrogen gas turbines by 2025, while it will also use the facility to explore other technologies s…