Toril Bosoni, head of the International Energy Agency’s markets and industry division, says oil prices could climb further because of the OPEC+ coalition’s “chronic” struggle to revive production. “It’s not in the interest of consumers, but […]
In my article earlier this week we covered more of the world’s geopolitical impact on the high oil and gas prices. If Russia invades, the pricing model supports $120 to $135 in the short run and […]
CALGARY, Alberta, Feb. 10, 2022 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks […]
Total income dipped to Rs 1,858.93 crore in the quarter, from Rs 2,006.66 crore in the same period a year ago. New Delhi:ReliancePoweron Thursday reported a loss of Rs 13.93 crore for the December quarter, […]
RIL’s subsidiary Reliance New Energy (RNEL) acquired 10.37% of SWERL on Wednesday at a price of 375 per share. New Delhi:Reliance Industriessaid on Thursday it has completed the planned acquisition of a 40% equity stake […]
Compared to the preceding quarter (July-September), new non-hydro RE capacity additions fell 27 per cent on account of intensifying supply chain constraints. Renewableenergy capacity addition increased 80% to 3.4 gigawatts (GW) during the December 2021 […]
OSLO, Feb 10 (Reuters) – The unprecedented energy price volatility seen at the end of 2021 will have a lasting impact on the green energy power purchase agreement (PPA) market, including a decline in long […]
EV sales accounted for 8.6% of the global light-duty vehicle market, compared to just 2.5% in 2019, as per a new International Energy Agency report. Oil and gas investors will receive the latest revelation with a […]
Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor As strong winter storms and cold temperatures blanketed the northeastern United States this January and increased the demand for electricity to heat homes and businesses, utilities used oil-fired generation to […]
(Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. […]
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