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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…

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…

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…

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…

Electric Car

China: BYD Follows In Tesla Footsteps By Raising Car Prices

Tesla's recent price increases attracted a lot of attention, but the rises are not exclusive to Tesla.

Electric Car

Volkswagen to Launch all-Electric Mid-Size Sedan in 2023

Hot on the heels of the ID.Buzz electric microbus debut, Volkswagen CEO Herbert Diess has let drop that the German carmaker will launch a new mid-sized electric…

PV Moisture-Wicking Tech Gives New Meaning to “Solar Farm”

Researchers at Saudi Arabia’s King Abdullah University of Science and Technology now report a more sustainable and low-cost solution to produce enough water fr…

Record-Breaking Hydrogen Electrolyzer Claims 95% Efficiency

A kilogram of hydrogen holds 39.4 kWh of energy, but typically costs around 52.5 kWh of energy to create via current commercial electrolyzers. Australian compan…

Oil Futures Open Higher on IEA Supply Warning

Oil futures rose in early trading on Thursday, recovering some of the prior day's losses, after IEA said a decline in oil demand due to higher prices would not …

Nuclear Power Plant

Thousands of Households Without Power in Northeast Japan After Earthquake Kills Four

Thousands of Japanese households remained without power on Thursday as companies worked to assess damage the morning after a powerful quake hit the northeast co…

Oil & Gas Supply

Uganda’s Oil and Gas Prospects Expected to Improve in 2025

Increased sanctioning activity in African energy has resulted in growth in cumulative expenditure of $23 billion by 2025, according to the African Energy Chambe…

EU

EU Can Tap Geothermal Potential to Cut Russian Gas - EGEC

EGEC has calculated that the EU can reduce its use of Russian gas by 3 billion cubic metres (bcm) this year with the help of geothermal district heating and coo…