Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the U.S. as falling battery costs make it possible to deliver electricity produced Continue Reading
The deal ‘continues Cheniere’s commercial momentum and supports our growth plans,’ stated the company’s CEO. Vitol Inc. has signed a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Continue Reading
As President Donald Trump weakens one environmental rule after another, the deep green state of California has found a way to fight back: with a rocket. “With science still under Continue Reading
The shale industry has hit a bit of a rough patch, with pipeline bottlenecks, cost inflation and a crowded field contributing to a drilling and production slowdown. But many in Continue Reading
Proponents of the initiative—which qualified in end-August for the ballot with enough signatures raised—say that it would limit the health and environmental dangers of fracking. Opponents and analysts say that Continue Reading
Highlights FERC commissioner says market will decide terminals’ fate Project leaders express concern about delays, possibly scrapping some plans Barcelona — A member of the US Federal Energy Regulatory Commission Continue Reading
Hurricane season is in full swing — and it’s throwing into the spotlight an ongoing debate between industry and environmental groups over expanding offshore drilling. The National Ocean Industries Association Continue Reading
The United States needs to increase its natural gas exports to Europe to counter Russia’s increasing energy dominance in the region, a top Trump administration official warned. Europe is shifting Continue Reading
It is a matter of common knowledge that energy relations between Russia and China have boomed in the past decade, with all sorts of new infrastructure being built to facilitate Continue Reading
GORKY, Russia (Reuters) – Russian Energy Minister Alexander Novak said on Tuesday that oil prices of between $70 and $80 per barrel were only temporary and were driven by sanctions, Continue Reading
Airbus thought it was about to make aviation history. When the company’s battery-powered E-Fan aircraft lifted into the air with barely a sound on a summer day in 2015, a Continue Reading
Germany’s gas market is open to all players, a German government spokeswoman said on Monday, after U.S. officials said that U.S. liquefied natural gas (LNG) sales to Germany are not Continue Reading
Russia’s Novatek is set to start exporting LNG from its third 5.5 million mt/year train at the Yamal LNG project by the end of 2018, CEO Leonid Mikhelson said late Continue Reading
With the world premiere of the Audi e-tron Monday night in San Francisco, Audi also marked the launch of its electrification offensive. By 2025 Audi will offer twelve automobiles with Continue Reading
Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together Continue Reading
The International Maritime Organization’s new rules on fuel emissions that will come into effect in 2020 will help to lift diesel demand, according to industry insiders attending an S&P Global Continue Reading
With a critical meeting in Algiers fast approaching, a fractured OPEC and its allies are still searching for consensus on how members with spare output capacity can equitably distribute the Continue Reading
The U.S. withdrawal from the nuclear deal struck between Iran and major powers is “doomed” to seriously affect peace and security in the Middle East, Iran’s atomic chief said on Continue Reading
A report from Reuters suggests that India has plans to trim imports from Iran significantly in September and October, a move intended to satisfy the hawkish American government ahead of Continue Reading
Ali Alomari, shown in an image posted on his Facebook page in May, 2017, is a TV preacher who was arrested one year ago in a Saudi roundup of imams Continue Reading
Super Typhoon Mangkhut hit port operations and energy infrastructure in the region over the weekend. Operations at some ports are likely to remain suspended as the typhoon continues to wreak Continue Reading
Typhoon Mangkhut battered Hong Kong and Macau on Sunday with 100 miles-per-hour wind gusts, drenching rains and 11-foot surges of seawater that inundated the first urban area of Asia to Continue Reading
Infrastructure and small-scale private industry are suffering from the shadow banking crackdown championed by President Xi Jinping. But two other important drivers of the economy—state-owned firms and real estate—are doing Continue Reading
The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese Continue Reading
For about a decade, Texas has considered the idea of erecting a coastal barrier to protect against the impacts of hurricanes. Texas A&M researchers concluded that a direct hit to Continue Reading
The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely Continue Reading
German utility RWE, its works council and trade unions say they oppose plans to end coal-fired power generation in Germany around 2035, raising questions over a possible compromise between a Continue Reading
There is no such thing as a category 6 hurricane or tropical storm – yet. The highest level – the top of the scale for the most powerful, most devastating Continue Reading
Baker Hughes reported an additional seven U.S. rigs this week, bringing the total number of active oil and gas rigs to 1.055, according to the report. The number of active Continue Reading
Oil prices pulled back on Friday amid concerns additional U.S. tariffs would be placed on China, trading mixed after a rally triggered by worries of more sanctions on Iran. Crude Continue Reading
OPEC downgraded demand while the IEA said in a report that supply outages are “tightening up” the oil market. With Iran sanctions less than two months away, “we are entering Continue Reading
Saudi Arabia is reported to have purchased the Iron Dome missile defence system from Israel signaling a rapprochement between the two countries, according to several diplomatic sources quoted in Al-Khaleej Continue Reading
Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion for 8 wells in the country’s West Nile Delta, Continue Reading
MOSCOW (Reuters) – Saudi Arabia, the United States and Russia can between them raise global output in the next 18 months to compensate for falling oil supplies from Iran and Continue Reading
The U.S. will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian Continue Reading
Indian refiners are reducing their intake of Iranian crude oil in preparation for the return of U.S. sanctions on Tehran. The reduction is being seen as an attempt to score Continue Reading
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as U.S. President Donald Trump seeks to impose fresh sanctions on Iranian oil Continue Reading
The United States won’t be able to bring Iranian oil exports to zero because the other producers can’t offset the loss of all of Iran’s oil barrels in an already Continue Reading
U.S. Secretary of State Mike Pompeo slammed Iran’s Supreme Leader Ali Khamenei for staying silent on reports of China violating the human rights of Muslim minorities, accusing Iran of turning Continue Reading
Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain Continue Reading
More than 50 personnel from allied countries will be hosted aboard the USS Blue Ridge, an American command ship stationed in Yokosuka, Japan. Special quarters, called the Enforcement Coordination Center, Continue Reading
Venezuela’s President Nicolas Maduro is meeting with the top Chinese officials, including President Xi Jinping, as the socialist leader of the troubled Latin American oil producer is looking to convince Continue Reading
China agreed to several small oil deals with Venezuela this week but gave no public confirmation that it would extend more loans to the cash-strapped country during a rare visit Continue Reading
Chinese refineries processed 50.31 million tons of crude oil in August, the lowest since December 2017, calculations by Reuters based on data from the National Statistics Bureau showed. On a Continue Reading
(Reuters) – U.S. energy companies this week added oil rigs for the second time in the last three weeks even as new drilling has largely stalled since June due to Continue Reading
China’s Sinopec Corp has joined a group planning to build an oil refinery in Alberta, the project’s consultant said, an enterprise that would strengthen demand and prices for the Canadian Continue Reading
Shale drillers in West Texas are entering into two-year futures contracts because they don’t believe new pipeline infrastructure will be finished by 2020. Photo by Gary C. Caskey/UPI | Sept. Continue Reading
Between 250 and 700 barrels of oil per day are leaking into the Gulf at the the site where Taylor Energy Co.’s oil platform collapsed in Hurricane Ivan in 2004, Continue Reading
Coal, nuclear plants are vulnerable to disasters Solar storms are a serious concern Saratoga Springs, New York — As Hurricane Florence made landfall in North Carolina on Friday, knocking out Continue Reading
US Highway 285 is a major north-south route within the Permian Basin of West Texas and southeastern New Mexico, and it’s seen better days. U.S. Highway 285 is a major Continue Reading
