State of the Climate: How the World Warmed in 2018
The climate data for 2018 is now mostly in, though the ongoing shutdown of the US government has caused some datasets to be delayed. In this article, Carbon Brief explains Continue Reading
Greenland’s Melting Ice Nears a ‘Tipping Point,’ Scientists Say
Greenland’s enormous ice sheet is melting at such an accelerated rate that it may have reached a “tipping point,” and could become a major factor in sea-level rise around the Continue Reading
Crude complex stable on release of China’s GDP data
Crude oil futures moved sideways during mid-morning trade in Asia Monday, continuing to hold on to support from signs that supply may tighten while market participants digested news of China’s Continue Reading
Oil falls as slowing China economy dents markets
Oil prices fell on Monday, in line with weaker stock markets after evidence that economic growth in China, the world’s second-largest crude consumer, eased in 2018. Brent crude oil futures Continue Reading
Big Oil’s Strategy For A Global Energy Transition
“The world is in a transition between an era dominated by fossil fuels and one focused on a low-carbon economy,” David Koranyi wrote in a report for the Atlantic Council. Continue Reading
IEA: OPEC+ Cuts Put Floor Under Oil Prices
The “journey to a balanced market will take time, and is more likely to be a marathon than a sprint.” The International Energy Agency (IEA) said that the OPEC+ cuts Continue Reading
Libya’s Oil Future Depends On This Huge Oil Field
There is no respite for Libya on its bumpy road to recover crude oil production to the levels of 2011, when the toppling of Muammar Gaddafi plunged the country into Continue Reading
Egypt to invest $9 billion refineries’ upgrade over four years: minister
Egypt plans to upgrade six oil refineries at a cost of about $9 billion over four years to increase domestic production to 41 million tonnes a year, the petroleum minister Continue Reading
South Sudan starts repairs, pumping oil from wells damaged in the civil war: minister
South Sudan has begun to repair and pump oil from wells damaged in the civil war and will ramp up production by the end of the year, the oil minister Continue Reading
Missteps in Mexican pipeline blast trigger new scrutiny of fuel plan
Mexico’s new government knew a pipeline was leaking but did not act for hours before a blast killed at least 85 people, a minister said on Sunday, increasing scrutiny of Continue Reading