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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.

Coal Production

China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating

China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…

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

India Hopes for Oil from Iran, Venezuela; Higher Output from OPEC+ to Cool Prices

Replying to supplementaries during question hour in the Rajya Sabha, Oil Minister Hardeep Singh Puri said oil export from Venezuela and Iran had been hit due to…

Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …

Wind Farm

140MW Wind Farm Starts Feeding South Africa’s Grid

African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…

SMR

Kärnfull Teams up with GEH for SMR Deployment

Kärnfull Next - a fully-owned subsidiary of Kärnfull Future AB - will collaborate with GE Hitachi Nuclear Energy (GEH) on the deployment of the BWRX-300 in Sw…

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Crude Oil

Japan to Call on Middle East Oil Producers to Raise Output

Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …

Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…

Crude Oil

Crude Prices Fall as Optimism Grows on Russia-Ukraine Peace Talk

Crude oil futures were lower in Asian trading March 14 as Russia-Ukraine peace talks continue even as attacks increase in western Ukraine near Poland.

Oil Price

Oil Declines as Iran, Russia and Fed Jostle for Limelight

Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompt…

Oil Pipeline

Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois

Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.

Solar Cell

Scientists Fabricate Novel Electrical Component to Improve Stability of Solar Cells

In the future, decarbonized societies that use internet of things (IoT) devices will become commonplace.