Russia and Ukraine’s ongoing gas dispute shows how urgently the EU must improve its energy resilience by cutting fossil fuel imports, EU energy commissioner Miguel Arias Canete said Thursday. The Continue Reading
Shell on Thursday published a report entitled “Energy Transition,” showing how the company expects to adapt during the transition to low carbon energy systems. The company says it wants electricity Continue Reading
Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices were some way off Wednesday’s late-2014 highs as bulging U.S. supplies weighed. A trade Continue Reading
The International Energy Agency said today that global oil demand will not peak in the near future and India’s vulnerability to high prices will increase with a surge in its Continue Reading
Oil prices soared on Wednesday morning after U.S. President Donald Trump tweeted earlier in the day that Russia would better “get ready” for U.S. missiles in Syria. At 08:33 a.m. Continue Reading
The Energy Information Administration reported a build in U.S. crude oil inventories of 3.3 million barrels for the week to April 6, double that of API’s estimate for a 1.76-million-barrel Continue Reading
U.S. crude stocks rose unexpectedly last week as imports jumped and production increased to another weekly record, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.3 million Continue Reading
The rally in oil prices over the past year likely had more to do with higher demand rather than merely the supply taken off of the market by the OPEC/non-OPEC Continue Reading
Fatih Birol, head of International Energy Agency, said a dearth of investments can start hurting global oil supplies from the first part of the next decade as production at ageing Continue Reading
Global warming is weakening the circulation of the North Atlantic ocean, which plays a crucial role in the world’s climate, including keeping winters in western Europe relatively mild. Two international Continue Reading
