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Natural Gas
World Bank: There Will Be Alternatives to Russian Gas in Five Years
World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.
Thermal Plant
Maibarara Geothermal Plans Up to 30 MW Expansion Capacity
Capacity expansion of 10 to 30 MW for the Maibarara geothermal project in the Philippines is planned within the next three or four years.
Oil Price
West Still Reluctant to Target Russian Energy on Economy Fears
Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…
United Kingdom
Shell Faces U.K. Showdown Over Impact of ‘Cataclysmic’ Oil Spill
A group of Nigerians want a trial against Royal Dutch Shell Plc in the U.K. for what they allege was a “cataclysmic” oil spill that wreaked havoc on their com…
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Oil Price
Oil at $103: No Fears of Supply Disruption to India, Prices a Concern
International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Hydrogen Storage
World's Largest Liquid Hydrogen Storage Sphere Nears Completion for NASA
NASA's newest liquid hydrogen storage sphere is slated to become the world's largest liquid hydrogen storage unit when it comes online by this summer.
Energy Transition
Australia's APA Confident of Gas in Energy Transition
Australian energy infrastructure firm APA remains confident in the role gas plays in the energy transition as a number of the country's coal-fired power plants …
Oil Price
India’s Fuel Appetite Seen at a Record even as Oil Nears $100
Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…
Nuclear Power Plant
New Funding Mechanism Essential to Increasing Nuclear Capacity in the UK
A new funding mechanism for the nuclear sector, the Regulated Asset Base (RAB) model, has the potential to increase the UK’s nuclear capacity to 24GW over the …
Oil Exploration
TotalEnergies Announces Major Oil Discovery Offshore Suriname
TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in r…
Electric Car
Mercedes-Benz Foresees EV-Only Production Lines Within a Few Years
Mercedes-Benz (MBGn.DE) expects to have factories producing exclusively electric vehicles (EVs) by the second half of the decade but will steer clear of buildin…
Nuclear Power Plant
Fuqing 6 Reaches Full Power as Hongyanhe 6 Nears Startup
Unit 6 of the Fuqing nuclear power plant in China's Fujian province has reached 100% full power operation for the first time.
LNG
Shell Sees LNG Demand Climbing by 90% over Next 20 Years
Global liquefied natural gas demand is set to surge by 90 percent by 2040 compared to 2021 to exceed 700 million tons annually in two decades, as LNG and gas wi…
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