As disaster costs keep rising nationwide, a troubling new debate has become urgent: If there’s not enough money to protect every coastal community from the effects of human-caused global warming, Continue Reading
Canada declared a national climate emergency on Monday. The next day, Prime Minister Justin Trudeau gave the greenlight to a massive oil sands pipeline. The House of Commons, with strong Continue Reading
The revolution in renewable power hit a new milestone in April. Last week the Federal Energy Regulatory Commission (FERC) released it’s latest Energy Infrastructure Update (EIU), with data through April Continue Reading
In a significant development, the Alberta Energy Regulator has acknowledged that hydraulic fracturing operations can impose high risks to critical infrastructure such as dams, an issue of growing concern at Continue Reading
Energy major Total said its new supercomputer – which has propelled it to a world ranking as the most powerful computer in the sector – will enable its geologists to Continue Reading
Norway proposes to open two new areas in the North Sea with the potential to hold installed capacity of up to 3.5 gigawatts (GW) of offshore wind, as Western Europe’s Continue Reading
The countries of Europe, which together represent the world’s third-largest industrial emitter, are set to decide on Thursday whether they can leap to a future largely free of fossil fuels Continue Reading
Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China trade war, although losses were limited by tensions in Continue Reading
An afternoon selloff pushed oil futures to settle just off session lows as economic growth concerns weighed on demand outlooks. NYMEX product futures saw steep declines Monday. July ULSD settled Continue Reading
Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand. Brent crude futures lost $1.07 to settle at $60.94 Continue Reading
Oil prices have given up some of the gains from last week’s oil tanker attack in the Gulf of Oman, with recession fears outweighing geopolitical tension and the risk of Continue Reading
WASHINGTON — Iran threatened on Monday to accelerate its nuclear program in violation of a 2015 nuclear agreement, moving it closer to the ability to build an atomic weapon — something Continue Reading
With less than two weeks before OPEC’s production cuts are set to expire, the producer group and its allies appear no closer to choosing when their next meeting will be. Continue Reading
Saudi Arabia will back an extension of OPEC curbs in the second half of the year, the kingdom’s energy minister, Khalid al-Falih, said Monday, according to news reports. When OPEC Continue Reading
Iraq is looking to draft contingency plans in case the heightened tension in the Middle East results in some kind of blockade of Iraq’s oil exports through the Persian Gulf—a Continue Reading
It has been a while since the last assurance from a senior Saudi official that the initial public offering of oil giant Aramco is going ahead as planned, and this Continue Reading
Iran’s oil minister met his Russian counterpart in Iran on Monday, industry sources said, raising hopes of progress in resolving an impasse over when OPEC and its allies will hold Continue Reading
“Fewer owners are willing to take their vessels into the Middle East and those that do demand a premium for the service,” said Anoop Singh, a tanker analyst for Braemar Continue Reading
That doesn’t mean there won’t be a war—the chances for miscalculation are high and growing higher—but merely that war isn’t actually the outcome either side seeks. This is the high-stakes Continue Reading
Russian Pres. Vladimir Putin’s early June 2019 summit in Moscow with People’s Republic of China (PRC) Pres. Xi Jinping seems likely to have a disproportionate influence on the next phases Continue Reading
Venezuela’s state-owned PDVSA plans to reactivate the Isla Refinery on Curacao in July with imported crude from third parties, according to sources in the company, labor union and with Curacao’s Continue Reading
Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to cooperate on keeping shipping lanes open for oil and other energy supplies after last week’s tanker attacks Continue Reading
As renewable energy powers up in South Korea, coal-fired generation, long the bedrock of the country’s electricity supply, is being tapped to give up room. Facing choking smog in its Continue Reading
Tesla’s third Gigafactory, one that will provide it with a way around Chinese tariffs on U.S. goods, is being built “at an incredible speed,” writes Electrek’s Fred Lambert. The Gigafactory Continue Reading
U.S. oil output from seven major shale formations is expected to rise by about 70,000 barrels per day (bpd) in July to a record 8.52 million bpd, the U.S. Energy 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
The frenzied Permania that had oil and gas companies rushing to the O&G hotspot may be on the outs, but production in the industry’s number one basin has not, according Continue Reading
The largest-known U.S. uranium deposit will remain firmly under ground after the Supreme Court on Monday upheld Virginia’s ban on mining the radioactive metal, rebuffing a challenge backed by President Continue Reading
Once a skeptic about climate change, Jim Bridenstine came around to the prevailing view of scientists before he took over as NASA administrator. That evolution did not sit well with Continue Reading
President Donald Trump looks at samples of corn used in biofuels at Southwest Iowa Renewable Energy in Council Bluffs, Iowa, on June 11, 2019. Credit: Mandel Ngan/AFP/Getty Images Shortly after Continue Reading
Some of the world’s major oil producers pledged Friday to support “economically meaningful” carbon pricing regimes after a personal appeal from Pope Francis to avoid “perpetrating a brutal act of Continue Reading
MOSCOW (Reuters) – Third-quarter flows of Urals crude via Russia’s Baltic port of Ust-Luga are set to slide to 2.8 million tonnes from 9 million scheduled for April-June, a plan Continue Reading
Energy major Total said its new supercomputer – which has propelled it to a world ranking as the most powerful computer in the sector – will enable its geologists to Continue Reading
Russian natural gas producer Gazprom said on Tuesday that U.S. liquefied natural gas was not currently replacing Russian gas on European markets. The United States has become the world’s fastest-growing Continue Reading
In the extreme conditions of Russia’s far northern Yamal peninsula, 500km from the nearest town, thousands of workers are drilling 1. 7km through permafrost for a contentious resource. The natural gas Continue Reading
Norway will be increasingly tempted to fund carbon emission cuts abroad instead of reining in its own greenhouse gas emissions in order to reach its ambitious 2030 climate goals, a Continue Reading
Oil prices slipped on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers in the Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Monday as ongoing global trade and geopolitical tensions continued to provide support for prices. At 10:58 am Singapore time (0258 Continue Reading
Saudi Arabia called for swift action to secure Gulf energy supplies and joined the United States in blaming Iran for attacks on two oil tankers in a vital shipping route Continue Reading
Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on Continue Reading
Secretary of State Mike Pompeo said Sunday that more evidence will be released soon to prove the administration’s assertion that Iran was responsible for attacks on two oil tankers in Continue Reading
Iran said on Monday it would breach internationally agreed curbs on its stock of low-enriched uranium in 10 days — a move likely to strain already high tensions with Washington Continue Reading
Iran’s government has no plans to remove Oil Minister Bijan Zanganeh from his post, a government spokesman said on Sunday, according to the Iranian Students’ News Agency (ISNA). A senior Continue Reading
Iran had given European countries until July 7 to show that they could help cushion Iran’s economy from the impact of U.S. sanctions. Iran’s announcement Monday came days after two Continue Reading
Despite attacks on shipping in the Gulf and the continued instability across the Middle East, the oil market has settled into a new normal. Even after last week’s attack on Continue Reading
The second apparent attack on oil tankers in the Middle East in a month rekindled tensions in the region and had the oil market forget, at least for a day, Continue Reading
Standing behind the counter of his grocery store in Noida, on the outskirts of New Delhi, Deepak Kumar laments the searing temperatures that have enveloped much of India this month. Wearing Continue Reading
A widespread power failure early Sunday left all of mainland Argentina and Uruguay without power, a blackout that an energy company official called “unprecedented.” The blackout’s cause remained unclear. But Continue Reading
The United States has underestimated the Chinese people’s will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party journal said Continue Reading
Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China’s state economic planner confirmed industry Continue Reading
