The South Korean government has decided to raise electricity rates by Won 5/kWh (0.4 cent/kWh) for the third quarter to reflect spikes in prices of fuels such as LNG and coal, the energy ministry and […]
The Group of Seven nations, a bloc of the world’s leading industrial states, are edging closer to formulating a mechanism which will cap the price of Russian oil as they look to squeeze Moscow’s oil […]
Liquefied natural gas company Cheniere Energy has made a positive Financial Investment Decision (FID) concerning the 10+ million tons per annum of LNG Corpus Christi Stage 3 Liquefaction Project. Cheniere said that it issued full […]
Magellan Midstream announced the extension of their open season to solicit customer commitments for the potential expansion of our refined petroleum products pipeline system from the Houston area to El Paso, Texas. Significant interest has been expressed from potential […]
Crude oil futures were higher in mid-morning trade in Asia June 27, reversing early losses of more than $2/b though sentiment remained fragile amid ongoing concerns of a global economic slowdown. At 10:36 am Singapore […]
The nation’s capacity to refine crude oil into fuel and other products fell below 18 million b/d at the beginning of 2022 and hit its lowest level since 2014, according to the federal government’s annual […]
Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis. With energy suppliers piling up losses […]
With the United States Supreme Court widely expected to turn its ideological wrecking ball on the country’s greenhouse gas emission controls, a group of climate scientists is pitching a new approach to regulating carbon as […]
Replying to a question related to capacities without PPAs in India, the minister said, “There are 8,000 MW of capacities which don’t have PPAs in thermal”. The government will invite bids from states to sell […]
OKLAHOMA CITY, June 22, 2022 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) today announced that its Board of Directors has doubled its previously announced repurchase program authorization from $1 billion to up to $2 billion in aggregate value of its common stock […]
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