Renewable energy investment in Asia excluding China will overtake spending on upstream oil and gas projects in the region as soon as next year, according to Rystad Energy. Total capital Continue Reading
China imported a record high 2.79 million mt of LNG from Australia in April, up 61.3% year on year, latest customs data showed, amid growing domestic gas consumption, rising Australian Continue Reading
China increased its subsidies to domestically listed companies to a record level last year to help them weather a slowdown in the world’s second-largest economy, in a move likely to Continue Reading
Schlumberger had its debt rating lowered by S&P Global Inc. (Bloomberg) — Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the U.S. shale patch Continue Reading
François Legault, premier of Canada’s hydroelectricity-reliant Quebec province, on Sunday said he would present a sweeping plan to electrify public transport, and heating and air conditioning by the end of Continue Reading
Independent shale drillers in the US are facing pressure to either expand or be acquired, Robert Kaplan, president of the Federal Reserve Bank of Dallas, has said. Despite the classic “wildcatting” Continue Reading
Schlumberger saw its debt rating downgraded by S&P due to the unfolding slowdown in drilling by U.S. shale companies. The largest oilfield service company in the world has seen its Continue Reading
Raising the penetration of renewable —an intermittent—sources of energy into the grid will require large scale electrical energy storage and retrieval. However, at present, no existing technology provides such storage Continue Reading
President Trump has rolled back environmental regulations, pulled the United States out of the Paris climate accord, brushed aside dire predictions about the effects of climate change, and turned the Continue Reading
European Green parties on Monday were cheering E.U. elections that vaulted them into a kingmaking position of power, as voters abandoned traditional political parties in favor of climate-focused activists in Continue Reading
