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Category archives for energy

Oil prices are turning up, and Brent crude is near $91

  • 27 January, 2022
  • 3:06 pm EET

Oil prices are turning up, and Brent crude is near $91 Oil prices turned up about 1% during trading on Thursday, with Brent crude rising near $91 a barrel, with geopolitical concerns continuing to support prices. Oil prices were lower…

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Demand for LNG ships will hit record levels in 2021 Reflects ship owners’ awareness of its environmental and climate benefits

  • 24 January, 2022
  • 5:28 pm EET

2021 saw significant growth in demand for LNG-powered vessels on the high seas. More than 10 operators announced multiple orders for vessels throughout the year; This reflects the awareness of shipowners and operators of the environmental and climate benefits of…

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Renewable energy electricity prices are rising in America witnessed a jump in the last quarter of 2021

  • 21 January, 2022
  • 2:52 pm EET

The increasing rates of inflation have reflected noticeably on the prices of electricity generated from renewable energy sources in America, and expectations indicate further rises to come. In light of the high demand for goods, coinciding with the recovery from…

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Oil prices turn lower, and Brent crude is less than $ 82

  • 07 January, 2022
  • 5:14 pm EET

Oil prices turned lower during trading on Friday, with Brent crude falling below $ 82, but it is still on track to achieve weekly gains, driven by supply concerns amid escalating unrest in Kazakhstan and outages in Libya. Investor sentiment…

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World Energy Outlook in 2022… An expected increase in oil and gas exploration

  • 06 January, 2022
  • 7:22 pm EET

The Royal Bank of Canada has released a report on the World Energy Outlook in 2022, which reports analysts' forecasts for the world's oil, gas, electricity and minerals. The report, which was issued in mid-December, included an optimistic view of…

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