Energy

In a ceremony facilitated by the UAE and in the presence of US climate envoy John Kerry, Israel and Jordan cemented the largest ever partnership between them agreeing to swap desalinated water for solar energy. […]

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Washington recently announced that it was releasing strategic oil reserves to cool the market and urged China, Japan, South Korea, and India to follow suit. This development led to a drop in oil prices below […]

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Oil has taken a fresh hit, continuing its fall from a seven-year high set in October as China said it was releasing some of its oil from strategic reserves – just days after the US […]

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A branch of the transcontinental ‘Friendship’ pipeline carrying oil supplies from Russia through Belarus to a number of EU states will be closed in the next three days due to necessary “unscheduled repairs” the operator […]

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German officials have blocked the certification process of Nord Stream 2, the now completed controversial gas pipeline connecting Germany and Russia, because the subsidiary set to operate the German part of pipeline not meet the […]

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OPEC+ is unable to alleviate the gas crisis, Saudi Arabia said in response to calls for increased production. According to the Kingdom’s energy minister, real problems cannot be solved by switching to oil. No additional […]

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The cost of Brent crude oil futures contract for December 2021 delivery on the London ICE stock exchange rose 1.23% and reached $85.03 per barrel by 10:50, data from trading platforms showed. According to a […]

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Washington will not take new measures against Nord Stream 2 in the near future, Politico writes. As the publication reminds, Republican Senator Ted Cruz has repeatedly insisted on restrictions. “But the Biden administration, as the […]

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Members of the British military have been deployed to help deliver fuel in the UK.  Approximately 200 military personnel were sent out today, most of which to the greater London area and the South East, […]

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Over the weekend in the UK, thousands of gas stations ran out of fuel amid fears of a nationwide shortage.  This crisis, hoped to be a short-lived weekend issue, now is feared to be a […]

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The Biden administration is looking to increase the country’s use of solar power energy.  In a report released Wednesday, Biden’s administration outlined how solar energy can help decarbonize the U.S. power grid and help achieve […]

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Biden administration has promoted an ambitious plan as part of its effort to combat climate change that envisions solar energy to cover nearly half of the US electricity nationwide by 2050, based on a study […]

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A week after Hurricane Ida made landfall, damage to oil manufacturing plants in the U.S. Gulf of Mexico forced the Bureau of Safety and Environmental Enforcement to temporarily suspend operations, Reuters reports. It’s taken energy […]

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The data provided by London’s ICE on Wednesday shows early trading has increased the price of gas in Europe to over $625 per 1,000 cubic meters while the total growth of the gas price equals […]

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In an effort to push forward the climate change fight ahead of a United Nations conference in November, the US Climate Envoy John Kerry arrived on Tuesday for talks in Tokyo where he’s scheduled to […]

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The value of Saudi Arabia’s oil exports increased by 123.2 percent in June 2021 compared to the same month in 2020, the Oil Price information portal said on Tuesday. According to the Saudi Arabia General […]

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The US State Department will impose sanctions to two more Russians and one vessel in connection with construction of the Nord Stream 2 gas pipeline, The Hill reports quoting Secretary of State Antony Blinken’s statement. […]

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Underscoring that the Interior Department didn’t adequately measure the true environmental impact the massive oil drilling project the project could pose, a federal judge in Alaska ruled against its approval and ordered Biden administration to […]

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Uniper Group, Germany’s utility giant and financial partner of gas pipeline Nord Stream 2, noted in its financial results report on Wednesday that the risks of delays or non-completion of the pipeline’s construction have decreased […]

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Iran on Thursday officially began exporting oil through a new pipeline bypassing the Strait of Hormuz. Iranian President Hassan Rouhani said in an online ceremony that this is a response to the United States’ sanctions […]

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Russian Ambassador to the United States claims the US administration’s policy on the controversial Russian natural-gas pipeline is an example of unfair competition on the global market, but hopes that the US would eventually realize […]

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