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Crude Oil
German Industry Fears Immediate Russian Gas Ban
As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition.
Russian Federation
New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper
The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission U…
Solar Power Plant
Will Ukraine War Derail the Middle East's Solar Power Boom?
Renewables are looking more attractive as fossil fuels from Russia are banned. Middle Eastern countries have huge potential in solar power but will lack of crit…
Oil Price
Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens
Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Crude Oil
Russia’s Oil Industry Is Suffering as the West Shuns Its Crude
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.
Nuclear Power Plant
Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs
The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".
Thermal Coal
Tough to Find Alternatives for Russian Thermal Coal, Says Japan Utilities Group Head
Alternatives for Russian thermal coal are difficult to find as the market is getting tighter, the head of a group representing Japanese utilities said on Friday…
Energy Transition
Ukraine ‘Could Become a Vital Supplier of Renewable Energy to Europe’
Ukraine geographically and climatically has a “huge potential” for the development of renewables, DTEK Executive Director has said.
Crude Oil
Major Oil Traders Cut Russian Crude Purchases Starting Next Month
Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…
Coal Trade
How Much Coal in Europe Comes From Russia?
The European Union announced last week that it would ban Russian coal, the latest escalation in sanctions as the war in Ukraine drags on.
Solar Power Panel
Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves
Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.
LNG
U.S. Gas Storage Emptied by Exports to Europe and Asia
U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…
Nuclear Power Plant
European Renaissance for Nuclear Energy?
Could nuclear power help break Europe's dependency on Russian gas?
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
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