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Coal Price
Asian Markets May ‘Ramp up’ Coal as Gas Prices Rise: Report
Coal will continue to dominate the region’s power mix through 2027.
Natural Gas
U.S. Natural Gas Prices Could Soon Hit $10
Warmer than usual spring weather and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural gas prices to abov…
Natural Gas
Why are U.S. Natural Gas Prices Soaring?
U.S. natural gas prices are surging, with the benchmark futures contract rising to a 13-year high of $8.74 per million British thermal units, at a time when tha…
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Oil Price
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
LNG
U.S. Natural Gas Prices Hit Highest Level in 14 Years
The benchmark U.S. natural gas price soared by more than 7% early on Monday.
Gas and Power Prices Continue to Soar Due to Ukraine Conflict
Sky-high wholesale gas prices in Europe reached record levels in the first quarter this year as a result of the conflict between Ukraine and Russia, according t…
LNG
U.S. Gas Storage Emptied by Exports to Europe and Asia
U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…
Oil Price
Shell Raises Russia Writedown to as Much as $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…
Natural Gas
High Natural Gas Prices Could Lift Green Hydrogen Investment
Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.
Oil Price
U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices
The Biden administration on Thursday said the U.S. will release 1 million barrels of oil per day from reserves.
Joe Biden
Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices
President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.
Will Turning down Europe’s Thermostats Ease the Gas Supply Crisis?
To counter the extremely high gas prices caused by the Russia-Ukraine crisis the IEA has proposed turning thermostats down in households to use less gas.
United States
Why Gas Prices Have Soared in America
Why gas prices are high even though the U.S. doesn't depend on Russia for oil?
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