$40 billion spent so far on aqueducts to feed northern cities Government taps technology, boosts food imports to save water Autumn rains came too late to save the stunted stalks Continue Reading
Chinese coal imports rose in November from the month before on firm demand during the winter heating season, even as Beijing encourages a shift to cleaner fuels in its battle Continue Reading
The GOP tax bill working its way through Congress contains provisions that have huge ramifications for the energy industry , but legislators in Washington may not be done yet. A Continue Reading
Natural gas production in the United States has skyrocketed over the past five years, making the carbon-light fossil fuel cheaper to access and plentiful for export, according to a new Continue Reading
As the world is growing increasingly conscious of the need to invest in cleaner and more sustainable energy to limit the impact of global warming, it’s no secret that a Continue Reading
An oil fund without oil. The divestment of all petroleum companies would be a momentous change for Norway’s huge $1tn investment fund, itself fuelled by the country’s oil and gas Continue Reading
The idea of the energy transition (“energiewende” in German) originated in the 1980s and gained legislative support in Germany in 2010. The idea is good and also technically feasible. But Continue Reading
Shipments averaged 9.05 million barrels a day in November Oil rig count in the U.S. at highest level since September Crude edged higher as near-record Chinese orders for foreign crude Continue Reading
Oil prices rose more than 1 percent on Friday, helped by rising Chinese crude demand and threats of a strike in Africa’s largest oil exporter. But prices were still on Continue Reading
On the tail end of a rather dull week in oil markets, crude prices recovered on Thursday and Friday following the Trump administration’s announcement that the U.S. will move its Continue Reading
Kurdish, Sunni and Basrawi MPs are the most vocal critics of the draft budget, claiming inadequate revenue sharing despite slightly increased overall spending. Iraq’s Cabinet has sent a 2018 draft Continue Reading
The boom in oil money helped crown Angola’s seaside capital, Luanda, as the world’s most expensive city. Angola was once a magnet for the world’s biggest oil companies, drawing billions Continue Reading
A boom in natural-gas exports creates new challenges Last-minute schedule changes for LNG tankers headed to Asia It seemed at the time like a somewhat random, and amazingly fortuitous, coincidence. Continue Reading
A man feeding seagulls on the Yamuna River in New Delhi, India, in November. The city is one of the world’s most polluted capitals. NEW DELHI — As millions of Continue Reading
U.S. imports of Mexican crude last month climbed above 800,000 bpd for the first time since November 2014. This is the result of a number of factors, but in large Continue Reading
data . Sanctions and low production caused the decline in November. The last time levels were this low, an industry strike had shut down a large portion of the Latin Continue Reading
The state-run oil company PEMEX blamed the failure of a recent deep-water Gulf of Mexico auction in the on competition from ongoing tenders in Brazil, according to a new report Continue Reading
Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the U.S. energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over Continue Reading
After years of meager returns and overspending to boost production at all costs, U.S. shale explorers and drillers are finally about to see their share prices rise next year, according Continue Reading
No doubt, these four companies are solid and have a lot of running room, but so are the other 12 companies. Plus, all of the upstream oil & gas companies Continue Reading
The new chairman of the U.S. office that regulates energy projects was granted more time on Friday to decide on Energy Secretary Rick Perry’s directive to subsidize aging nuclear and Continue Reading
While OPEC continues to curb its in-house oil production among its members, US drillers are ramping up, adding rigs for the fifth week in a row. This week, Baker Hughes Continue Reading
The US oil rig count continued its upward crawl for a third consecutive week, rising on Friday by two to 751 amid persistently higher oil prices and a growing confidence Continue Reading
Pennsylvania natural gas production continues to be concentrated in counties in the northeastern and southwestern corners of the state, according to a report by the state’s Independent Fiscal Office. Four Continue Reading
There are enough contracts in place to start construction on expansions to the twin Nord Stream gas pipeline through the Baltic Sea, Russia’s Gazprom said. Gazprom plans to double the Continue Reading
French supermajor Total said Friday the first cargo of liquefied natural gas is leaving an Arctic facility in Russia, one of the largest in the world. The French company holds Continue Reading
The Yamal LNG plant on the Yamal Peninsula in the Arctic circle. The project took years to find financing from China that didn’t violate U.S. sanctions on Russia over Ukraine. Continue Reading
Russia’s Gazprom is set to exceed on Friday the level of exports to Europe and Turkey that was recorded in 2016 as demand for Russian natural ss and cold weather Continue Reading
Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China’s relentless thirst for crude and the OPEC-led supply cuts that have gradually Continue Reading
Oil prices moved back into black territory after signs of modest growth in the European economy and fewer U.S. jobless claims. File photo by John Angelillo/UPI Dec. 7 (UPI) — Continue Reading
Oil prices climbed more than 1 percent on Thursday due to a threatened strike in Nigeria and as traders cover shorts after sharp losses the previous day brought on by Continue Reading
Oil investors were confident ahead of the OPEC meeting last week, holding onto their bullish bets, but now there seems to be a bit of an OPEC hangover after weeks Continue Reading
Withdrawing from the OPEC-NOPEC agreement to cut 1.8 million barrels per day of output could take up to six months to fully negotiate, according to top Russian energy official Alexander Continue Reading
Heavyweight firms London will be accompanying the City of London’s lord mayor on his trip to Saudi Arabia this coming weekend, as Saudi officials have yet to announce which would Continue Reading
The additional revenue generated from the reforms will be used to help balance the federal budget and encourage fresh investment in the energy industry. “The reform is aimed at increasing Continue Reading
Nigeria’s lack of infrastructure is hampering the transportation of gas to power plants, and six plants are currently sitting idle in the country because they lack gas, according to Shell’s Continue Reading
One of China’s biggest state-held companies, Sinopec, is suing Venezuela’s debt-ridden oil firm PDVSA in a U.S. court over unpaid bills, in a sign that China may be losing patience Continue Reading
One of the world’s newest and poorest countries, East Timor in Southeast Asia, could still be a success story even with expectations that its oil fields will run dry by Continue Reading
Beijing scaled back its plan to convert northern cities to cleaner fuel this winter after provinces warned of gas shortages, residents struggled to keep warm and reports of freezing classrooms Continue Reading
China is backpedaling on its massive push for the coal-to-gas switch after the move created gas shortages in the north that left people freezing in the cold snap, financial magazine Continue Reading
Chinese state-owned company CNOOC, the country’s largest importer of liquefied natural gas (LNG), has leased two tankers to store emergency LNG supplies offshore, spending US$10 million on the plan, as Continue Reading
China just launched its first all-electric cargo ship, which will travel 50 miles at a top speed of 8 miles per hour on a single charge. Though it will be Continue Reading
Many Chinese families use coal to heat their homes China’s government has allowed some northern cities to burn coal in a temporary policy U-turn, as the country faces a heating Continue Reading
China imported 22.05 million mt of coal in November, including lignite, thermal and metallurgical material, up 3.62 % from October but down 18.24% year on year, according to preliminary data Continue Reading
While lauding the opportunities in the Permian shale basin in Texas, Chevron said it would spend more on projects already underway, such as in Kazakhstan. Chevron said it planned to Continue Reading
Alaskans who rely on the state’s pristine resources for survival don’t want the drilling outlined in the Republican tax bill, members of the indigenous community said. A $1.4 trillion, 479-page Continue Reading
Workers on a gas-turbine assembly line at the General Electric plant in Greenville, S.C., on Jan. 10, 2017. General Electric Co. said Thursday it was cutting 12,000 jobs in its Continue Reading
Natural Gas Monthly (data for October and November 2017 are EIA estimates based on tanker loads) In August 2017, total U.S. natural gas liquefaction capacity in the Lower 48 states Continue Reading
It’s clear: fossil fuel majors from around the world are preparing to redefine their core competency from oil and gas extraction to “energy” provision over the next few decades. In Continue Reading
Chevron Corporation plans to cut its total capital and exploratory budget for a fourth consecutive year in 2018—to $18.3 billion, compared to the $19.8 billion that it planned for this Continue Reading
