IEA urges demand-side measures to ease energy crisis from Iran war
The escalating energy crisis from the Iran war can be eased with a range of demand-side measures spanning transportation, cooking and industrial production
Historic oil, gas price spike amid attacks on Gulf production sites
European gas prices skyrocketed more than 30% and Brent oil rallied almost to a four-year high as production facilities in the Gulf are increasingly targeted
Oil seen at USD 190 per barrel by May if Hormuz isn’t reopened – analysis
As much as USD 3.5 trillion of global GDP is at risk in case of a prolonged Hormuz closure, which would also imply an oil price spike, SolAbility found
US temporarily lifts sanctions on Russian oil purchases
The United States has authorized the purchase of Russian oil and petroleum products already at sea until April 11
EnEarth gets permit for carbon storage at offshore oil field in Greece
Integrated energy services firm Kent won a contract for front-end engineering design for the Prinos CO2 project in Greece for carbon storage.
Governments in Southeastern Europe launch measures to contain fuel price surge
In light of the Iran war, several Balkan countries have moved to ease the jump in fuel prices
Panic in fossil fuel markets as oil, gas prices spike 30% amid Iran war
Oil and gas prices skyrocketed at the start of trading, over fears of a prolonged supply disruption from the attack by the United States and Israel on Iran
Oil and gas prices keep rising as Iran threatens key transit route
Natural gas in Europe jumped to more than EUR 65 per MWh, while Brent crude oil rose to over USD 85 a barrel