At the COP26 conference, a 190-strong coalition of countries, banks and investors lined up to give their support to plans to phase out coal power. The timing was less than perfect. Today, just a few […]
Tokyo, April 1 (Reuters) – U.S.-allied countries on Friday agreed to their second coordinated oil release in a month to calm markets roiled by Russia’s invasion of Ukraine, Japan’s industry ministry said, a day after […]
EU wants to reduce Russian gas imports by two thirds this year EU says 50 bcm of Russian gas could be replaced by LNG Filling storage will be difficult without Russian gas EU faces competition […]
ABB has been awarded two major contracts by Plug Power Inc. (PLUG), a leading provider of turnkey solutions for the global green hydrogen economy, to provide the electrical systems for two new hydrogen plants in North […]
Many organizations are calling for a cut in fossil fuel use, actually achieving such an aim is a gargantuan task. “France and all European countries must get out of their dependence on fossil fuels,” Barbara […]
KEY POINTS Three million barrels per day of Russian oil output is at risk as sanctions weigh and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “The prospect of large-scale disruptions to […]
LONDON, March 17 – Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next […]
The green energy push in Europe has these days been overshadowed by events in Ukraine but it has not completely left the spotlight. On the contrary, EU officials have been adamant that the transition must […]
This year will mark the 25th anniversary of the St Petersburg International Economic Forum, a gathering that is normally held in a village-like enclosure in this imperial city that is incidentally also the birthplace of […]
Global oil supply rose by 560 kb/d to 98.7 mb/d in January, but the uptrend was slowed by a chronic OPEC+ under-performance versus targets that has taken 300 mb of oil off the market since […]
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