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Crude Oil
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…
Crude Oil
Oil Rises as Uncertainty Around Supply Persists
Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…
Natural Gas
Why Renewables Can’t Solve Europe's Energy Crisis
Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but the Russia-Ukraine conflict has highlighted the shortcomings of ren…
Natural Gas
In Russia-Europe Gas Standoff, Both Sides Lose
Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges "unfriendly" unles…
Nuclear Power Plant
Britain Could Build Seven Nuclear Power Stations
Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine.
Energy Transition
Portugal to Speed up Renewable Energy Programme amid Russia-Ukraine Conflict
Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20 percentage points to 80 per cent of its electricity out…
Natural Gas
Russia's Gazprom Says Gas Exports to Europe via Ukraine Continue
Russian state-owned energy giant Gazprom said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European cons…
Oil Price
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…
Oil Price
Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…
Electric Car
Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs
Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…
Crude Oil
U.S. Issues Formal Notice of Record Sale of Oil From Reserve
The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…
Natural Gas
With War in Ukraine and Threats From Putin, Europeans Anxiously Wait for Energy Rationing
European countries are facing the possibility of energy supplies being rationed, as a dispute between Moscow and the West over payments for Russian exports rage…
Nuclear Power Plant
Ukraine State Nuclear Firm Says All Russian Forces Have Left Chernobyl Plant
The Ukrainian state nuclear company said on Thursday that all of the Russian forces occupying the Chernobyl nuclear power station had withdrawn from the territo…
Natural Gas
Russia Foreign Gas Buyers 'Must Pay in Roubles' Says Putin
Russian President Vladimir Putin raises the energy stakes as Germany enacts early warning level for Emergency Plan for Gas amid supply concerns.
Oil & Gas Supply
Russia Appears to Be Softening Its Gas-For-Rubles Demand, Easing Supply Risks to Europe — for Now
Russia appears to have walked back demands that European companies pay for gas supplies in rubles from Thursday, temporarily alleviating the risk of supply disr…
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