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Oil Price
Oil Prices Surge More Than 7% to Highest Since 2014
Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …
Liquid Hydrogen
KBR will Support Shell in Hydrogen Liquefaction
U.S. engineering company KBR has been granted a contract to provide professional services to energy giant Shell for hydrogen liquefaction development.
Wave Energy
Eni Joins Technical Advisory Board of EU-backed Wave Energy Project
Italian energy giant Eni has joined the technical advisory board of the IMPACT project, a collaborative research and innovation scheme which aims to develop nex…
LNG
Germany Targets 100% Renewable Power Generation by 2035
Germany will target to have all its electricity provided by renewable energy sources by 2035.
Carbon Emissions
New Process Offers Promising Route to Decarbonizing Thermal Energy
Researchers are focusing on effective ways to store and transmit thermal energy.
Crude Oil
Can the U.S. Replace Russian Oil Imports?
Following Russia’s invasion of Ukraine, one of the issues being discussed a lot in the West is what an ongoing military conflict may do to oil prices.
Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
CCS
The Future of Global Carbon Capture and Storage
Carbon capture and storage (CCS) is the process in which carbon dioxide that is produced during the generation of power and its industrial processes is prevente…
Joe Biden
Biden Set to Push Plan to Lower Energy Costs
President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…
Oil Price
India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices
India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
Electrification
IRENA and China State Grid Pave Way Towards Smart Electrification
“Future power grids will be very different from the current ones and will require smart electrification solutions as renewable energy is growing faster than ev…
Oil & Gas Supply
Repairs and Protests Halt 480,000 Bpd of Iraqi Oil Output
Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand …
LNG
Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt
Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.
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