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Oil Price
Oil Prices End 2022 Higher Despite Demand Concerns
A surprise rise in US crude stocks is weighing on futuresA trader at the New York Stock Exchange. Brent, which hit a 14-year high of $140 a barrel in March, has…
Oil Price
Algeria Sets Reference Price For Oil At $60 Barrel Through 2023/2025 -APS
Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. REUTERS/Ramzi BoudinaDec 25 (Reuters) - Algeria has set the reference price for crude oil at…
Oil Price
Oil Falls By $1/bbl As Rate Hike Fears Outweigh Tighter U.S. Stockpiles
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/StringerNEW YOR…
Oil Price
Oil Prices sSteady Amid Rising Covid-19 Cases In Top Crude Importer China
The US said it would replenish its Strategic Petroleum Reserve, starting with a purchase of 3 million barrels of crude. ReutersOil prices were steady on Tuesday…
Oil Price
Oil Prices Slip On Surprise Build In U.S. Crude Stocks
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…
Crude Oil
UAE Brings Forward Oil Production Capacity Expansion to 2027
The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…
Hydrogen Production
ACWA Power, PTT, and EGAT Support Thailand Through Use of Green Hydrogen
ACWA Power, PTT, and EGAT have signed a landmark MoU with a view to embarking on green hydrogen and derivatives projects that meet the Southeast Asia country’s…
World Energy Demand Jumped Above Pre-COVID Levels in 2021
BP Statistical Review of World Energy: primary energy in 2021 grew by its largest amount in history.
Net Zero Emission
How Energy Intensity Improvement Can Help Achieve Net-Zero Emissions by 2050
Doing this can avoid 95EJ of energy demand by 2030, the IEA said.
Carbon Emissions
TotalEnergies and Adani Develop Renewables in India
As the world’s third-largest energy consumer, India needs to address the challenge of meeting the rising level of energy demand while achieving a 40% reduction…
Natural Gas
Global Crunch Likely to Double Local Gas Prices
An accelerated recovery in energy demand from the covid-lows coupled with inadequate supply expansion in 2021 vaulted prices to record highs, sending shockwaves…
United Arab Emirates
Dubai Energy Demand Rises 10% in 2021 Amid Economic Recovery
Total demand in the emirate reached 50,202 gigawatt-hours last year.
Market Analysis
Brazilian Energy Demand Grows 4.1pc in 2021
Brazil's energy consumption in 2021 grew by 4.1pc from the previous year to an average 64,736 MW
Market Analysis
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal…
Market Analysis
Energy Supply Will Catch Up With Demand In 2022
Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth.
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