Saudi Arabia’s move to push up the cost of its oil in Asia may backfire as an outbreak of the delta virus variant in China damps demand, while the U.S. and Russia offer more competitively priced alternatives. […]
By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per million British thermal units in the U.S. for the first time since December 2018 as summer heat intensified concerns about tight supplies later this year. […]
Source: Graph by the U.S. Energy Information Administration, based on data from Wood Mackenzie Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on multiple days during […]
India’s electricity demand is projected to grow at 9.9% yearly towards 2025 driven by its sheer size and economic growth. The demand dipped temporarily in 2020 due to Covid-19 induced lockdowns, but it not only […]
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
State-run Coal India Ltd said on Friday buyers are now allowed to export coal bought from the miner through e-auctions, in what it called a “first of its kind” and a major policy shift. The world’s largest miner by production […]
Americans are going to drive this summer like the pandemic never happened, if U.S. ethanol production is any gauge. Output rose last week to the highest level since February 2020, which was shortly before U.S. shelter-in-place orders […]
Coal producers are actively pursuing 2.2 billion tonnes per annum of new mine projects around the world, a growth of 30 per cent from current production levels, a new report from Global Energy Monitor said on Thursday. The […]
European governments are drawing up plans to phase out coal, U.S. coal-fired power plants are being shuttered as prices of clean energy plummet, and new Asian projects are being scrapped as lenders back away from […]
Energy News Beat Publishers Note (ENB): There is ongoing research with indications that the world’s energy needs are increasing with oil production being shut down, costly green projects increasing, and printing money around the world. […]
Copyright © 2026 | Sandstone Group