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Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
Oil & Gas Supply
US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA
The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th…
Natural Gas
Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia
Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…
Electric Car
Mitsubishi, Kaluza and Miraiz Drive Japan’s Decarbonisation
Mitsubishi, Kaluza and Chubu Electric Power Miraiz Co. have joined forces on a smart charging trial for electric vehicles (EVs). The initiative aims to expedite…
Natural Gas
IOG Starts Gas Production from Another Saturn Banks Field
UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project.
Oil&Gas Drilling
Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t…
Coal Mine
Balkan States Say Supply Security more Pressing than Ditching Coal
A surge in power costs and concerns about reliance on Russian energy have prompted Balkan utilities to reassess plans to shut down coal-fired power plants, desp…
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …
Crude Oil
IEA: 3 mbpd of Russian Oil may not Reach Market from April
Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off…
Coal-Fired Power Plants
Japan's Fukushima Earthquake Shuts Dozen Power Plants, Sendai, Chiba Refineries
A magnitude 7.4 earthquake occurred offshore Fukushima in northeastern Japan late March 16, shutting a dozen coal, gas and oil-fired power plants along with the…
Hydrogen Project
Spain Gets its First Industrial Renewable Hydrogen Plant in Mallorca
Spanish Vice President Teresa Ribera was in Lloseta for the inauguration of the new facility.
Thermal Coal
India Looks to Russia to Solve the Energy Crisis Moscow Created
Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?
Electric Car
Tesla Raises Prices of EVs as Supply Chain Worsens
The crisis in Russia and Ukraine has led to key materials in EV production rising by up to 250%.
Nuclear Power Plant
Belarus Grid Supplying Electricity to Chernobyl: Local Authorities
Belarus is supplying electricity to Ukraine's Chernobyl nuclear power station, the site of the world's worst nuclear disaster in 1986, local Belarusian authorit…
SMR
Ukraine, Climate, SMRs: EU and IAEA Nuclear Talks
The eighth European Union-International Atomic Energy Agency (IAEA) Senior Officials Meeting discussed opportunities to deepen cooperation in a range of areas, …
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