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World’s most Advanced Oil Rig Commissioned at ONGC Well in Bhimavaram
As the energy prices soar, the advanced rigs are very crucial for the Indian energy sector to drill oil and gas wells faster to increase the production for d…
Oil & Gas Supply
With Oil Market in Turmoil, Energy Execs Urge more Output, Security
Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat…
Coal Mine
Australia Pushing Higher Coal Exports to Europe
Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…
Oil Price
Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs
Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…
Oil Price
Ukraine Speeds Global Rush to Self-Sufficiency
Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…
Oil & Gas Trade
Biden Announces Ban on Russian Oil, Gas Imports to US
President Joe Biden announced Tuesday morning that the US would ban imports of #oil, natural gas and coal from #Russia. The British government also announced it…
Natural 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…
Natural 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.…
Electric Car
Electric Car Prices Could Go up Even as Fuel Prices Soar
As US gas prices hit record highs in the wake of Russia’s invasion of Ukraine, it seems like electric vehicles may not be a safe haven for those looking to sav…
Nuclear Power Plant
Rolls-Royce SMR Entering Regulatory Assessment Process
Rolls-Royce SMR’s nuclear power plant design is entering the Generic Design Assessment process with its regulators.
Coal Price
Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …
Oil Price
Petrol, Diesel Price Increase on Wait-and-Watch Mode; CNG Rates Hiked
CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been pu…
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
Nuclear Power Plant
Ukraine Regulator's Concerns Over Nuclear Sites
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has expressed growing concerns about the situation at Chernobyl and at Zaporozhe, where Ukrainian n…
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