Church of England weighs in on shale
The Church of England said Wednesday it added its voice to the chorus of those taking a stand on the fledgling shale natural gas industry in the country. “As more Continue Reading
Last Year Was Warmest on Record, Climate Experts Say
Rising global temperatures in 2016 set a record for the third year in a row, as federal climate experts rated it the warmest year world-wide since modern record keeping began. Continue Reading
Global temperatures in 2016 break record for third year in a row
The world has passed another global-warming milestone, according to new figures showing that temperatures rose to their hottest on record for the third year in a row in 2016. Global Continue Reading
Crude Prices Fall on Fears Over U.S. Shale Output
Crude prices fell Wednesday, weighed down by a strong dollar and concerns that rising U.S. shale production may offset a move by major producers to cut global supply. The Wall Continue Reading
Oil prices mixed on Saudi commitment to cut output, investor scepticism
Oil markets were mixed on Tuesday, supported by Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that Continue Reading
Crude Prices Boosted by Saudi Oil Minister Comments
Oil prices rose Tuesday after positive remarks on the supply and demand balance from the Saudi Arabian energy minister on Monday. The March contract for global crude benchmark Brent gained Continue Reading
Oil majors, car makers to push hydrogen technology to help cut emissions
The heads of some of the world’s biggest oil firms and automakers agreed on Tuesday to push for broader global use and bigger investments in using hydrogen to help reduce Continue Reading
OPEC Commitments Push Iraq Towards Oil Export Deal With Kurds
Amid the ongoing struggle over oil control between the Iraqi Kurds and the Iraqi central government in Baghdad, the Iraqi central authorities have halted exports of oil from Kirkuk via Continue Reading
Tullow finds more oil in Kenya’s northern Lokichar basin
Tullow Oil has found more oil with a closely watched exploration well in northwest Kenya, boosting the resources in its emerging oil province which is set to feed East Africa’s Continue Reading
Saudi Aramco to continue building oil, gas capacity to meet demand : CEO
Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth. “What we are doing Continue Reading