As the price of renewable energy drops and storage technologies mature, hydrogen fuel is drawing fresh attention. Jorgo Chatzimarkakis was refueling his hydrogen fuel-cell car at one of the 50-plus Continue Reading
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, Continue Reading
Russia slightly increased its oil production to 11.39 million barrels per day (bpd) on average between Jan. 1 and Jan 22, a source familiar with the Energy Ministry data told Continue Reading
Crude oil demand this year will grow by 1.4 million bpd, BP has estimated, despite growing worry about where the global economy is headed, which would affect demand for the Continue Reading
Russia shouldn’t try to bring U.S. shale production down with an oil price war, because Moscow would also be hurt in such an event, according to Kirill Dmitriev, chief executive Continue Reading
Every year, water shortages affect more than one-third of the world’s population. In 2017, even Rome — ancient pioneer of urban water provision — saw its myriad public drinking fountains Continue Reading
Climate action advocates have underestimated the strength and sophistication of decades-long fossil fuel-funded misinformation campaigns and need a coordinated set of strategies to fight back, say leading academics. Among those Continue Reading
Oil prices rose almost 1 percent on Wednesday on hopes that Japan and China would take fiscal stimulus measures to stem an economic slowdown which has weighed on financial markets. Continue Reading
Oil prices fell 3 percent on Tuesday over concerns the world’s stumbling economy could pinch fuel demand as U.S. crude output climbs to new heights and cuts by Saudi Arabia Continue Reading
The EIA expects renewable energy to be the fastest source of growing electricity generation for at least the next two years. – Utility-scale solar will expand by 10 percent in Continue Reading
Electric vehicles (EVs) today are not the end of global oil demand growth, nor are they the key solution to reducing carbon emissions, Fatih Birol, the Executive Director of the Continue Reading
The consumption of natural resources and consequentially pollution has led to increased attention for the environment in most parts of the world. While it is safe to assume that benign Continue Reading
New investments in oil and gas production and refining in the Middle East and Africa region fell by 32 percent last year to US$41 billion, according to the latest annual Continue Reading
France’s Total will officially endorse a decision to proceed with the development of a new project offshore Nigeria, the Ikike project, Patrick Pouyanné, the chief executive of the oil and Continue Reading
Iran has discovered oil in the southwestern Abadan region for the first time, Oil Minister Bijan Zanganeh was quoted as saying by the Mehr news agency on Wednesday. The oil Continue Reading
Subsidiaries of the National Iranian Oil Company (NIOC) signed on Tuesday agreements with Iran-based companies aimed at maintaining and increasing the production capacity of nine ageing oil and gas fields Continue Reading
India’s crude oil demand this year will continue to rise at the same rate it rose by in 2018, which made it the second-biggest driver of global demand growth, energy Continue Reading
Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims Continue Reading
Venezuela’s state-run oil company PDVSA said on Tuesday its debt fell 5 percent in 2018 from a year ago to $34.6 billion, though it remains in default on most of Continue Reading
China’s state-owned offshore oil and gas producer CNOOC Ltd said it is confident of achieving its spending target this year, the highest since 2014, as its responds to a call Continue Reading
Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Share Save Save to myFT Tom Mitchell and Yuan Yang in Beijing Continue Reading
Amid increasingly urgent calls for more radical climate change action, a team of South Korean scientists has found a way to kill two birds with one stone by converting carbon Continue Reading
Almost half of oil and gas industry professionals around the world see a potential skills shortage as the biggest worry in their sector, according to the Global Energy Talent Index Continue Reading
Intercontinental Exchange has two new delivery points in the Houston area, a move giving further options for WTI Midland crude exports from the US Gulf Coast, ICE said Tuesday. Receive Continue Reading
Permian oil production is currently growing but at the slowest rate in more than two years, the US Energy Information Administration said Tuesday. In its monthly Drilling Productivity Report, EIA Continue Reading
A review study commissioned by the Urban Air Initiative—a non-profit organization focused on increasing the use of ethanol in the gasoline supply to replace aromatic compounds in gasoline—has found that Continue Reading
The rise of U.S. shale oil is choking off a historic gasoline trade, dealing a blow to European refineries that for decades have relied on American drivers to buy their Continue Reading
The British Columbia project will boast unimpeded access to LNG customers in Asia. Contracts and subcontracts totaling more than 937 million Canadian dollars (CA$) (US $705.3 million) have been approved Continue Reading
New research by Rystad Energy finds that the demand for frac water in the US has more than doubled since 2016. The demand for frac water in the United States Continue Reading
Capital raising by US oil exploration and production companies has fallen sharply following the decline in crude prices that began last October, pointing to cutbacks in capital spending budgets and Continue Reading
The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for Continue Reading
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and Continue Reading
U.S. crude oil production will continue to grow through 2019 and 2020, but at a much slower pace than in 2018, according to the latest forecasts from the U.S. Energy Continue Reading
The E-Cat (Energy Catalyzer) is a newly-developed heating technology with an extremely high power density that will provide industrial-grade heat at costs well below those of conventional heating sources. In Continue Reading
The national gas price average may have held flat on the week at $2.25, but just a three cent drop would bring the U.S. average to the lowest since December Continue Reading
A federal court on Friday blocked the Trump administration from issuing any permits to conduct seismic testing for offshore oil and natural gas drilling during the partial government shutdown. Judge Continue Reading
Britain could safely raise the limit for tremors at gas fracking sites, two seismologists said on Tuesday. Fracking at Cuadrilla’s Preston New Road site in Lancashire, northwest England was halted Continue Reading
The south of Greenland viewed from the International Space Station Greenland has gone through an “unprecedented” period of ice loss within the last two decades. The Grace satellites revealed a Continue Reading
The European Commission wants to help broker an accord on global carbon market mechanisms to achieve the emission reductions needed to meet Paris climate agreement commitments, EU climate action and Continue Reading
For decades, the North Sea has been delivering much of the oil and gas to the world’s global supply of fossil fuels. As technologies advanced and climate change concerns increased, Continue Reading
Crude oil futures moved lower during mid-morning trade in Asia Tuesday following the release of the latest International Monetary Fund report, where it downgraded its oil price and growth forecasts Continue Reading
Oil prices fell more than 1 percent on Tuesday on signs that an economic slowdown in China was spreading, stoking concerns about global growth and fuel demand. The gloomy news Continue Reading
Oil prices edged up on Monday, reversing earlier losses, as investors shrugged off data that confirmed China’s economic growth is cooling and instead latched on to positive supply-side drivers for Continue Reading
This year, the factors that will most likely drive the price of oil are the Trump administration’s showdown with Iran and the strength of the global economy. In other words, Continue Reading
The International Monetary Fund Monday cut its forecast for average oil prices to just below $60/b in 2019 from close to $70/b in its last World Economic Outlook in October Continue Reading
The rapid adoption of renewable energy will “redraw the geopolitical map of the 21 st century,” according to a new report that surveys the geopolitical implications of the clean energy Continue Reading
Renewable energy will march forward this year, due to “remorseless reductions in the costs of solar and wind electricity and of lithium-ion batteries,” Angus McCrone, the chief editor of Bloomberg Continue Reading
The oil production cuts that OPEC and its partners led by Russia agreed at the end of last year are proving slower to materialize than most observers expected, with Russia Continue Reading
The International Monetary Fund (IMF) cut on Monday its forecast for Saudi Arabia’s economic growth this year to 1.8 percent, down by 0.6 percentage point from the previous economic outlook Continue Reading
