Approximately 850,000 customers, comprising millions of people across Northern and Central California, could be without power through the weekend, according to Pacific Gas & Electric. Strong winds in the forecast Continue Reading
Ford Motor Company will reveal on November 18 an all electric SUV inspired by its iconic Mustang, one of the world’s largest auto manufacturers said , as legacy carmakers try Continue Reading
Clean Energy is the need of the hour and UK is taking charge to build the first commercially viable fusion power plant for unlimited clean, safe, and carbon-free energy. Fremont, Continue Reading
Crude oil futures slipped during mid-morning trade in Asia Friday amid a mixed data of global demand and supply fundamentals, while market participants continued to seek fresh cues for price Continue Reading
Oil prices steadied on Friday and were on track for strong weekly gains as support from a surprise draw in U.S. inventories and possible action from OPEC and its allies Continue Reading
Oil prices received a jolt mid-week on rumors that OPEC+ might cut deeper and also because of a surprise drawdown in EIA inventory data. Nevertheless, economic cracks continue to dominate Continue Reading
Offshore wind power has the capacity to meet all of the world’s electricity demand, and is set to be a “game-changer” for energy systems, according to the International Energy Agency. Continue Reading
The Kurdish-led Syrian Democratic Forces (SDF) accused Turkey on Thursday of launching a large land offensive targeting three villages in northeast Syria despite a truce, but Russia said a peace Continue Reading
U.S. military leaders are preparing a plan that could keep Islamic State fighters from regaining a foothold in Syria, while preventing Syrian oil from falling into the hands of Iran Continue Reading
Russian aircraft carried out strikes on the last rebel stronghold in northwestern Syria early Thursday, according to a monitoring group and rescue workers, raising fears of an all-out Syrian regime Continue Reading
Cyprus is one of the most energy-deprived countries in the world when it comes to fossil fuels. Despite the discovery of significant natural gas reserves, the island state is still Continue Reading
The unstable security situation in Libya and the continued bickering between rival governments have kept international oil companies from resuming exploration activities in the civil war-torn North African oil producer. Continue Reading
Russia is looking to strengthen ties with Africa’s largest oil producer with a focus on reforming Nigeria’s downstream and gas sector, the Russian energy ministry said late Wednesday. Russia’s energy minister Continue Reading
Iraqi security forces used tear gas and stun grenades to repel demomstrators on Friday morning who had marched towards government buildings in protest against corruption and economic hardship. The incident Continue Reading
The White House is considering options for leaving about 500 U.S. troops in northeast Syria and for sending dozens of battle tanks and other equipment, officials said Thursday, the latest Continue Reading
The Saudi-backed Yemeni government signed a power-sharing deal with a local group seeking a separate state in the south, an agreement designed to keep the country from fracturing and pave Continue Reading
Deadly operation targets the defenses of an oil field once controlled by the Islamic State militant group, reinforcing fears of an energized insurgency. Iraqi fire fighters battle a fire in Continue Reading
Nigeria’s crude oil production, including condensates and natural gas liquids, stood at 1.93mbpd or 59.83 million barrels in August 2019, according to the latest monthly economic report of the Central Continue Reading
Nigeria’s President Muhammadu Buhari and Russia’s President Vladimir Putin during the official welcoming ceremony by Russian President Vladimir Putin for the heads of state and government of states participating in Continue Reading
Russia’s Rosneft ‘Central’ to Maduro’s Survival: Russian state oil company Rosneft is “central” to the survival of Venezuelan President Nicolás Maduro’s government, said special U.S. representative for Venezuela Elliott Abrams, Continue Reading
The US government will prevent PDVSA creditors from taking control of US refiner Citgo at least for the next three months as Venezuela’s interim administration is poised to miss a Continue Reading
China has set its sights high – very high – in terms of economic development, aiming to become not just one of the world’s superpowers by 2049 (the 100 year Continue Reading
The US-China trade dispute could inadvertently support China’s efforts to become the global leader in new energy vehicles, or NEVs, if US automakers are “squeezed out of China,” S&P Global Ratings said in a Continue Reading
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia’s biggest energy consumer kept shipments from the three producers minimal due to the tariff Continue Reading
Senator Chuck Schumer, the top Senate Democrat, late on Thursday proposed a $454 billion plan over 10 years to help shift the United States away from gasoline-powered vehicles by offering Continue Reading
The U.S. has forfeited $18 billion tied to oil and gas production in the U.S. Gulf since 2000 because of a decades-old law that gave energy companies a break on Continue Reading
Highlights Should boost flows on Northern Border Pipeline Will increase gas capture rates Denver — Bakken natural gas production continues to set records and has the potential to surge even Continue Reading
Tesla Inc ( TSLA.O ) shares soared 17% on Thursday after the electric carmaker surprised Wall Street by delivering on Chief Executive Officer Elon Musk’s promise of a profit in Continue Reading
New data reveals that damaging air pollution has increased nationally since 2016, reversing a decades-long trend toward cleaner air . An analysis of Environmental Protection Agency data published this week Continue Reading
Eddie Seal/Bloomberg The United States government has lost billions of dollars of oil and gas revenue to fossil-fuel companies because of a loophole in a decades-old law, a federal watchdog Continue Reading
Evening rush hour traffic on I-66 westbound, as seen from eastbound lanes near Centreville, Virginia. (Creative Commons/Flickr) For the first time ever, Virginians are paying less in gas taxes while Continue Reading
JDriving through fields of low-lying Dutch farmland you pass an occasional odd cluster of silvery pipes and tanks. They are the only visible sign that deep below this northeast corner Continue Reading
Production from the giant oil field Johan Sverdrup in Norway’s North Sea has reached a rate of above 200,000 barrels per oil per day, less than three weeks after start-up, Continue Reading
London — European offshore wind capacity could increase tenfold by 2040 under carbon-neutral policies, the International Energy Agency said Friday. Launching its Offshore Wind Outlook 2019 report in Copenhagen, the Continue Reading
New gas link to bring Norwegian gas to Poland Pipeline to pass through 242 km of Danish waters Construction set for start of 2020 London — Denmark on Friday approved Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Thursday, retreating from overnight highs, where both benchmark contracts had jumped by more than $3/b. Latest comments made by Russia Continue Reading
Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC Continue Reading
Gulf Coast leads crude stock draw Imports likely delayed by Nestor USAC distillate deficit widens Crude futures rose Wednesday after the US Energy Information Administration reported draws in crude and Continue Reading
Energy forecasters see a worsening supply glut in 2020, putting OPEC+ in a bind. But beyond that, the bust could result in a boom as supply growth slows to a Continue Reading
Before I get into the reasoning for my belief that oil prices must go higher very soon to avoid a serious supply shortage next summer, let’s get a few things Continue Reading
After hitting record levels in August and early September, the Oil Ministry has reduced output to help support global prices. Iraq has throttled back its crude production since setting an Continue Reading
Renewable energy capacity is set to grow by 50 percent by 2024, according to a new report from the International Energy Agency (IEA). In capacity terms, the world will install Continue Reading
A hole in the ozone layer located near the Earth’s South Pole is the smallest it has been since first being discovered in the 1980s, NASA said. While depletion of Continue Reading
At this week’s biennial Tokyo Motor Show, Toyota Motor Corp.’s booth didn’t feature any cars its customers can buy. Instead, the company showcased a mobile service that gives you a Continue Reading
Oil prices showed some signs of life this week after reports suggested that OPEC+ might consider deeper production cuts at the December meeting in Vienna. Sources told Reuters that the Continue Reading
Saudi Arabia’s US$2.5-billion Islamic bond issued on Tuesday attracted orders worth more than US$13 billion in the first international debt issue since the attacks on vital Saudi oil facilities in Continue Reading
The American president just gifted 2.5 billion barrels of oil to long-time Syrian enemy Bashar Al-Assad and, by default, Iran and Russia. As far as gifts go, it was both Continue Reading
Russia’s second-largest oil producer, Lukoil, is looking at joint oil and gas opportunities with Saudi Aramco in Africa, the Russian firm’s president and CEO Vagit Alekperov said on Wednesday. Lukoil Continue Reading
Russia is considering sending a permanent delegation of economic advisers to Venezuela to help Caracas resolve issues with foreign creditors, Deputy Finance Minister Sergei Storchak said on Thursday. Storchak said Continue Reading
Brazil’s state-run oil company, Petrobras, is about to get hit with a general strike action from a group representing no fewer than 12 oil worker unions, according to the group’s Continue Reading
