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Natural Gas
Bay Area Gas Prices Surge Ever Higher as Ukraine Crisis Deepens
The invasion of Ukraine continues to impact gas prices in the Bay Area.
Natural Gas
Gas Prices in Europe Hit Record High Amid Supply Concerns
The gas price at the Dutch TTF hub, the benchmark gas price for Europe, jumped early on Thursday in Amsterdam to trade at $221.
Crude Oil
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Nuclear Power Plant
Europe's Largest Nuclear Power Plant on Fire After Russian Attack
The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, was on fire early on Friday after an attack by Russian troops.
Natural Gas
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
United Kingdom
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…
Oil Price
Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap
OPEC and its allies, including Russia, remain on track to approve a 400,000 b/d production hike for April, according to delegates, insisting that no oil supply …
Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Europe Looks for Alternatives to Russian Energy
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.
Nuclear Power Plant
China Voices Concerns for Safety of Ukraine's Nuclear Facilities
China's Permanent Representative to the United Nations in Vienna Wang Qun on Wednesday expressed concern for the safety of nuclear facilities in Ukraine amid th…
Oil Price
IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman
The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…
Natural Gas
Michigan’s Average Gas Prices now $3.55 per Gallon, Experts See ‘Little to No Relief’ amid ‘Perfect Storm’
Michigan’s average gas prices continue to rise amid rising oil prices brought on by Russia’s invasion of Ukraine.
Oil & Gas Supply
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Wind Power Project
Uzbekistan Announces Wind Project
Uzbekistan’s Ministry of Energy announces a milestone development at its 100 MW Nukus wind project, in conjunction with its operational partner, ACWA Power, th…
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