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Oil Price
Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl
Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…
Oil Price
Oil Companies to Determine Fuel Prices: Hardeep Singh Puri
Amid the Russia-Ukraine war, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said oil companies will determine the fuel prices, even …
Coal Mine
India Expects Private Coal Mines to Produce at Least 350 Mln Tonnes by 2030
India expects coal mines owned by private companies to produce 350-400 million tonnes of coal by 2030, a senior coal ministry official told an industry conferen…
Offshore Wind Power
Massive 3-Gigawatt Offshore Wind Farm Eyed for Western Australia
A massive 3GW offshore wind farm – the biggest in Australia to date – is being proposed for waters off the coast of south-western Western Australia.
Nuclear Power Plant
U.S. Ban on Russian Energy Imports Does Not Include Uranium
U.S. President Joe Biden's ban on American imports of Russian oil and other energy products, announced on Tuesday, does not include a ban on imports of uranium …
Natural Gas
US Off-Target to Reach Biden Decarbonisation Goals Despite Wind and Solar Boom
Despite rapid growth of renewables plant construction across America, nation will still be relying on coal and natural gas for 44% of power generation in 2050, …
Natural Gas
How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year
The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…
Crude Oil
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Nuclear Power Plant
Ukraine Regulator's Concerns Over Nuclear Sites
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has expressed growing concerns about the situation at Chernobyl and at Zaporozhe, where Ukrainian n…
Natural Gas
Russian Gas Continues to Flow into Europe on Main Pipeline Routes
Russian gas delivered through the Yamal-Europe pipeline via Poland was flowing westward into Germany on Tuesday morning, and flows into Slovakia via Ukraine rem…
Net Zero Emission
Net Zero Technology Centre Opens New £10m Initiative Programme to Support Hydrogen Innovation
The UK’s Net Zero Technology Centre has launched its £10m ($13m) open innovation programme that is aiming to support zero-emission technologies with hydrogen …
Wind Farm
Renewable Power Capital 10-Year Wind Energy Deal with Gasum Builds Renewable Investment Momentum in Finland
Gasum has signed a ten-year power purchase agreement with Renewable Power Capital (RPC) to buy the majority of the output from the 44MW Rustari onshore wind far…
Energy Storage Battery
PV to Account for About Half of Planned US Utility-Scale Capacity Additions
The US Energy Information Administration says that over the next two years, 60% of new capacity additions in the United States will be solar or battery energy s…
Natural Gas
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Oil Price
Petrol, Diesel Price Hikes may Restart from Next Week
Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…
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