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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 …
Oil Price
No Need to Panic. Oil Prices Could Drop to $100 a Barrel in Two Weeks
The current oil surge wouldn’t last and prices are likely to drop to $100 per barrel within two weeks, Bharat Petroleum Corp (BPCL) chairman has said
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.
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…
Oil Price
Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…
CCS
New Study Confirms CO2 Can Be Stored Below Ocean Floor Sediments
Climate change is one of the most unrelenting challenges that humanity is facing. To fight its potentially disastrous effects, researchers are looking for innov…
Thermal Coal
Russia-Ukraine War Sparks Surge in Coal Price to Unprecedented Levels
The conflict between Russia and Ukraine has sent thermal coal prices skyrocketing to new heights, as some European countries look to ban Russian coal.
Hydrogen Storage
Green Hydrogen Could Be a ‘Game Changer’ in Energy Industry
This is even as hydrogen only accounts for 0.2% of electricity generation currently.
Crude Oil
Shell to Buy Russian Crude and Use Profits to Help Ukraine
Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers wi…
Oil Shale
U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal
U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.
Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Oil & Gas Trade
US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says
US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …
Ukraine Crisis Has Rewired Thinking on Future of Energy for Europe
Effects of sanctions, informal bans, war disruption and Russian counter-measures risks supplies of fossil fuels, fertilisers, food, aluminium, metals used in ba…
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