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Oil Price
Oil Drops Affter Russia Says Some Troops Returning to Bases
Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.
Clean Coal
Coal Power’s Bleak Future
Dubai’s recent step to walk away from its planned clean coal power plant could shut down doors for any future coal developments in the Middle East as the regio…
Crude Oil
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…
Oil Price
Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Oil Price
Serbia Caps Fuel Retail Prices for 30 Days
Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…
Net Zero Emission
Nuclear Power May Be the Key to Least-Cost, Zero-Emission Electricity Systems
Nuclear power generation can play a crucial role in helping the world reach a key goal of zero carbon emissions by the middle of the century, especially in coun…
Oil Price
Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine
Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were…
Oil Price
‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel
Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.
Crude Oil
Continental to Boost Oil Output by a Third in 2022
Continental Resources expects to increase oil output by as much as one third this year after snapping up assets in the Permian basin.
Net Zero Emission
UK's National Grid to Get Grid Stability Services from Renewables for First Time
Britain's National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to deca…
LNG
Asian LNG Prices Stable but Rises Expected on Colder Weather
Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east…
Oil Price
Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak
Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.
Oil Price
Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says
An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.
Oil Price
Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…
Natural Gas
Equinor Posts US$15bn Earnings on High Gas Prices
Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.
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