Solar power leads US electricity growth
Solar power is poised to drive significant growth in US electricity generation, with 36GW and…
Tag: crude oil
US to sell 26m more barrels from Strategic Oil Reserve
Deadline ends today for interested bids
Britain bans services helping transport Russian oil
The ban, which will come into effect from 5th December 2022, applies to UK services including…
UK sanctions four Russian steel and petrochemical tycoons
They include oligarchs Alexander Abramov and Alexander Frolov, who are known to be business…
Glencore ordered to pay £280m over African oil bribes
The mining giant pleaded guilty in June this year to seven counts of bribery, after an…
US to release an extra 15m barrels of oil amid skyrocketing prices
US officials have hinted at more releases if prices continue to surge
‘Russia’s fossil fuel export revenues rose in July’
Despite lower export volumes, revenues rose driven by skyrocketing gas prices, according to a…
EU ban on Russian coal comes into force
The coal cutoff is predicted to impact about €8 billion worth of Russian exports every year
Cenovus to buy remaining 50% stake in Toledo refinery from bp
The energy company will pay $300m to bp and take over operations when the deal closes
UK’s crude oil imports from Russia dropped to £0 in May
In April, the UK imported Russian petroleum worth around £59 million, according to official…
