Asian refiners are poised to conduct rigorous discussions and negotiations with major Middle Eastern crude producers in an effort to secure a steady inflow of Persian Gulf supplies on a longer term contractual basis amid […]
HELSINKI/BRUSSELS, Oct 5 (Reuters) – Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International […]
Cheap US natural gas shipments to Europe are a thing of the past, Texas-based Tellurian’s cofounder said. Inflation means suppliers are looking at paying twice as much to ship LNG, Charif Souki said Tuesday. The […]
The Renewable Energy Association of Nigeria (REAN) has put the total cost of unreliable electricity in Nigeria at over $25 billion. Due to the frequent collapse of the national grid and the comatose grid electricity supply, REAN has […]
MOSCOW, Oct 4 (Reuters) – The operators of two Baltic Sea gas pipelines that linked Russia and Germany until they both sprang major leaks last week said they were unable to inspect the damaged sections […]
An annual update from Urgewald and 40 partner NGOs found that 46% of companies on its Global Coal Exit List were pursuing new coal power plants, coal mines or new coal transport infrastructure. “Investors, banks, […]
Energy analysts believe deep production cuts from OPEC+ could yet backfire for U.S. ally Saudi Arabia. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by […]
In a review meeting presided over by Coal Minister Pralhad Joshi, coal companies were advised to enhance supplies to thermal power plants to help them meet the growing electricity demand in the coming few weeks. […]
OPEC+ said on Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the Covid-19 pandemic, media reports said. London:OPEC+said on Wednesday that it will […]
VIENNA/LONDON, Oct 5 (Reuters) – OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United […]
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