At least 16 people died in Indonesia’s capital of Jakarta and its suburbs after torrential rain brought on the worst flooding in years, drawing attention to the challenge of protecting Continue Reading
SYDNEY (Reuters) – The Australian navy was racing on Friday to rescue thousands of people stranded on the east coast of the fire-ravaged country as a searing weather front was Continue Reading
Hundreds of residents and holiday-makers have been ordered to evacuate Australia’s temperate Snowy Mountains region in the state of New South Wales as fierce fires threaten from two sides, authorities Continue Reading
All along the southeastern coast of Australia, tens of thousands of people abandoned their homes on Thursday after the authorities called for evacuations, warning that the massive fires headed their Continue Reading
Natural gas consumption in China rose by 4 percent year on year in November 2019—a much slower growth pace than the 20-percent rise in November 2018, in a sign that Continue Reading
Vastly slower U.S. oil growth this year and the prospect of a plateau for the world’s top oil producer have signaled a new and unfamiliar era of self-restraint for the Continue Reading
U.S. Oil Production Is Competing Against Decline All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly. In addition, information from other EIA offices Continue Reading
Amid growing concerns about climate change, activists, shareholders, and many investors have started to see oil companies as the next ‘Big Tobacco’ set of toxic stocks because of Big Oil’s Continue Reading
Elba’s first export cargo nears destination in Pakistan High capacity utilization continued Thursday at US LNG export terminals, with feedgas deliveries near-record levels, amid robust winter demand and strong market Continue Reading
North Slope producers have a full plate of projects in 2020 and beyond as companies speed the development of new discoveries. More new finds are coming, too. Receive daily email Continue Reading
The value of U.S. oil and gas mergers and acquisitions reached a five-year peak of $96 billion in 2019 on the back of competing bids for Anadarko Petroleum, energy data Continue Reading
Western Norway is experiencing a rare heatwave for early January, at a time when temperatures should normally be below freezing. The highest temperature of 19C (66F) – more than 25C above Continue Reading
Last week Russia made history by flipping the power switch on the “Akademik Lomonosov,” a cutting-edge nuclear power plant afloat in the Arctic Ocean. While the project has been highly Continue Reading
German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector is hurting the labor market in Europe’s biggest economy. Continue Reading
Crude oil futures were higher during mid-afternoon trade in Asia Thursday on positive US inventory data from the American Petroleum Institute coupled with rising optimism from the OPEC output cuts. Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Thursday amid a bullish report on last week’s US crude inventory, while lackluster trade activity amid year-end holidays could limit Continue Reading
One New Year’s resolution to make: Do not take the price of oil for granted. As we head into a new decade, complacency about the low price of oil is Continue Reading
At the start of the last decade, Kallan Benson was 5 years old, her favorite story was “The Secret Garden,” and Earth was in the midst of its warmest year Continue Reading
Smoke from huge wildfires near Sydney wafted over the tarmac as Jonas Doherty readied a newly modified Boeing 737 equipped to drop 4,000 gallons of firefighting liquid above the blaze. Continue Reading
Sales doubled in 2019, but the industry’s tipping point — severing ties to the gas pump — still lies ahead. These cars will help make that happen. This was the Continue Reading
Supporters of Iranian-backed Iraqi paramilitary groups who stormed the U.S. embassy’s perimeter and hurled rocks in two days of protests withdrew on Wednesday after Washington dispatched extra troops and threatened Continue Reading
A brutal cold wave has swept northern India, blanketing streets in freezing fog, intensifying pollution, disrupting hundreds of flights and prompting school closures. India’s capital, New Delhi, experienced its coldest Continue Reading
Nigeria, like the rest of the world, enters a new decade this new year, 2020; it’s the decade of the twenties!How Nigeria starts the new decade, that is, how it Continue Reading
With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in the OPEC nation: Continue Reading
China’s central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan ($114.91 billion) in funds to Continue Reading
The leader of Australia’s eastern New South Wales state has declared a week-long state of emergency in response to the escalating bushfire threat. High temperatures and strong winds are forecast for Continue Reading
Thousands have been evacuated after flash floods on New Year’s Eve At least 21 people have died in flooding in the Indonesian capital, Jakarta, after the city had its most Continue Reading
China consumed 27.22 Bcm of natural gas in November, up 4% year on year, the latest data from the National Development and Reform Commission showed. The year-on-year growth was much Continue Reading
Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 billion) annually to enhance its leadership in vehicle electrification, autonomous driving and mobility services, Continue Reading
Engineers at the University of Illinois have developed an electrolyte that could help manufacturers produce recyclable, self-healing commercial batteries. In a study published in the Journal of the American Chemical Continue Reading
After months of wildfires, an essential question in a warming, windy California is this: How does the state keep the lights on? A tiny Native American tribe, settled here in Continue Reading
There was a time when natural gas was a welcomed byproduct of crude oil drilling, and drillers in the prolific Permian basin enjoyed this consolation prize–at least when natural gas Continue Reading
Newpark, ( NR ) is an oddity in the oilfield service space. It is an independent- meaning it’s not part of a big conglomerate service company, mud and completion fluids Continue Reading
The bill is coming due for the shale industry’s price war with OPEC. North American oil-and-gas companies have more than $200 billion of debt maturing over the next four years, Continue Reading
Several studies from the US, Canada, and Europe suggest a promising downward trend in the incidence and prevalence of dementia. However, important risk factors for dementia—such as mid-life obesity and Continue Reading
French union activists disrupted two of the country’s eight oil refineries Friday as part of nationwide strikes against a higher retirement age that have lasted for 23 days, the longest Continue Reading
Natural gas can be blended with hydrogen for a greener mix A tiny spark in the UK’s hydrogen revolution has been lit – at a university campus near Stoke-on-Trent. Hydrogen Continue Reading
The long-awaited light-duty vehicle emission rules will hit light-duty vehicle makers working in EU member countries on January 1. Vehicle manufacturers will have to sell many more hybrid and electric Continue Reading
One of the most spectacular stories of 2019 started off in the first days of the outgoing year. Some 150 kilometers off the Nigerian coast, the oil major Total and Continue Reading
“Under the documents signed, the contracted volumes for delivery and transit in 2020 will remain at the same level as in 2019,” Gazprom said in a statement. The agreements come Continue Reading
British factory output fell in December at the fastest rate since 2012 as a tepid global economy hurt demand and businesses further reduced stocks of goods they had built up Continue Reading
German employment reached a record high in 2019 as higher labor-market participation and increased immigration of foreign workers more than offset demographic change, the statistics office said on Thursday. The Continue Reading
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In Continue Reading
The long-awaited light-duty vehicle emission rules will hit light-duty vehicle makers working in EU member countries on January 1. Vehicle manufacturers will have to sell many more hybrid and electric Continue Reading
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China Continue Reading
In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of Continue Reading
Oil futures retreated from three-month highs Tuesday as traders booked profits ahead of the New Year’s holiday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now ICE Continue Reading
West Texas Intermediate (WTI) and Brent crude oil prices finished lower on the final day of 2019. The February WTI contract price lost 62 cents Tuesday, settling at $61.06 per barrel. Continue Reading
I close out every year with a story on how my annual predictions fared, followed by what I felt were the top energy stories of the year. I then open Continue Reading
Two of Iraq’s four deputy oil ministers, the chief of oil contracts, and nearly a dozen senior Oil Ministry officials are included in the first tranche of officials forced out Continue Reading
