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Green Hydrogen – A Big Deal For The Shift To Clean Energy

As a versatile and emission-free fuel for transportation and electricity production, green hydrogen is widely hailed as the energy of the future. How long it will take for that future to materialise is the issue. As the conflict in the...

U.S. Stocks May Fall In Earning Time Due To High Energy Cost

High oil costs present yet another barrier to U.S. business earnings, and a few on Wall Street are concerned that this could further depress stock prices. Due to low supply, increased demand, and the conflict in Ukraine, Brent crude...

Nations Fear Energy Security by Coal Spend To Jump 10% In 2022

The global energy investment will increase by more than 8% in 2022 to reach $2.4 trillion including a considerable increase in coal supply chains which saw almost $105 billion spent in 2021 The most recent edition of the The International...

Russia Pinching Europe Gas Supplies Forcing Return To Coal

Some European countries are rethinking the use of coal, one of the dirtiest and most polluting energy sources, due to reduced Russian gas flows and the threat of a complete supply disruption. Though authorities maintain that burning coal is...

China, India may be buying more Russian Oil than US thought

According to one of President Joe Biden's economic advisers, China and India may be purchasing more Russian oil than the US previously thought, lessening a supply shortage on the world market and possibly causing the current price drop. With...

7 Nations To Split €2.4bn EU Green Transition Financing

Seven countries have received approximately €2.4 billion (£2.1 billion) in assistance to help them expedite their green transition. It will help Romania, Poland, Czechia, Lithuania, Slovakia, Hungary, and Croatia cut greenhouse emissions in energy, industry, and transportation, as well as meet their...

Well Above Normal Profits Not Acceptable For Refiners- Biden

President Joe Biden called on U.S. oil refining businesses to increase production on June 15th, saying that customers should not be burdened by high costs. Historically large refinery profits being transferred directly to the American people are not appropriate...

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