Tag: energynews

How Much Will It Cost To Rebuild Ukraine? Ukrainian officials have issued a new price tag for the country’s post-war “recovery plan” of $750 billion. The huge sum was advanced…

Deadly Explosion At Kazakhstan’s Biggest Oilfield An explosion at a giant oilfield in Kazakhstan, the country’s largest, killed on Thursday two workers and left at least three others wounded, local…

Oil Markets On Edge Over Potential Libyan Civil War As protests continue to rock Libya, with demonstrators setting fire to the House of Representatives in the eastern city of Tobruk…

Shell Reverses $4.5 Billion In Oil And Gas Writedowns Shell will reverse asset writedowns to the tune of $4.5 billion after it revised its oil and gas price outlook upwards,…

EIA Inventory Report Arrests The Oil Price Bounce Crude oil prices moved lower after the Energy Information Administration reported an inventory build of 8.2 million barrels for the week to…

IEA Warns World Is Vulnerable To Chinese Solar Dominance The global solar panel supply chain is too concentrated in China, the International Energy Agency has warned in a new report.…

U.S. Slaps New Oil Sanctions On Iran Amid Stalled Nuclear Negotiations The U.S. Department of Treasury this week imposed more oil and petrochemical industry sanctions on Iran amid stalled nuclear…

Boris Johnson Resigns As Energy Crisis Worsens And Scandals Mount British Prime Minister Boris Johnson resigned on Thursday amid scandal as the UK battles an acute energy crisis. The resignation…

DOE launches programs to modernize U.S. hydropower fleet The U.S. Department of Energy (DOE) today issued a Request for Information (RFI) seeking public feedback to inform the Bipartisan Infrastructure Law’s…

Should You Buy The Oil Price Dip? Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession…