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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
Natural Gas
Average US Gas Price Rises 22% in Two Weeks to Record $4.43
The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…
Crude Oil
Rising US Oil Clout on Show in Houston
A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the …
Hydrogen Fuel Cell
Adani, Ballard Ink MoU for Hydrogen Fuel Cells Commercialisation in India
Adani Group and Ballard Power Systems entered a non-binding memorandum of understanding (MoU) last month to evaluate the commercialisation of hydrogen fuel cell…
Offshore Wind Power
GE Exec Expects Rebound for Renewables
The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…
EU
EU Will Need Five Years to Ditch Russian Energy
Europe plans to phase out its dependency on Russian oil, gas and coal by 2027.
LNG
Japan Eyes LNG Investments to Cut Dependence on Russian Energy
Japan aims to reduce its dependency on Russian energy supply by taking steps.
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
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