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Video
Gas Prices Jump in Wake of Biden's Ban on Russian Oil
The cost to fill up the gas tank has gone from bad to worse with the national average hitting a new record. President Biden warned Americans to expect to pay ev
Oil & Gas
Gas Prices Reach New High in N.S., Costs Skyrocket in Atlantic Canada
The price of gas has reached a new high in Nova Scotia for the third time in a week, rising another 10.9 cents overnight.
Oil & Gas
Demand for Natural Gas on Australia's East Coast Falls
The uptake in renewable energy could see gas demand from Australia’s East Coast decline by around 60% by 2050, depending on the pace of the energy transition,
Oil & Gas
EU Leaders Tackle Escape Route From Russian Fossil Fuels
European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.
Oil & Gas
Germany to Build Its Own LNG Terminal
European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions
Video
Gas Price Side Effects On Southland Commuters
Across Southern California, drivers are fuming about the high cost of fuel the prices, which are pushing some people to the brink. KCAL9's Nicole Comstock spoke
Energy Economy
Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie
Oil & Gas
Russian Gas Continues to Flow into Europe on Main Pipeline Routes
Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels
Oil & Gas
Fixing Wind, Solar Permitting in EU to Help Reduce Russian Gas Imports
Speeding up wind and solar permitting, diversifying gas supplies and making the most of existing low-carbon energy sources are important steps to reduce the EU
Oil & Gas
Chevron CEO Announces Israel Gas Pipeline Could Supply Europe
Europe’s natural gas shortage has renewed talk of the EastMed pipeline – a Mediterranean Sea pipeline that could carry gas from Israel to European customers.
Oil & Gas
Shell Sorry for Buying Russian Crude
Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and gui
Climate Change
Global Energy-Related Carbon Emissions Reach Highest Level Yet in 2021, IEA Says
Coal accounted for 40% of the carbon dioxide emissions last year.
Climate Change
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,
Oil & 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
Oil & Gas
GE Turbines Will Power New 2-GW Gas-Fired Plant in China
A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H
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