China’s independent refineries in eastern Shandong province have cut February run rates to a four-year-low of around 40% in February, down from 63.5% in January, as product sales slump due Continue Reading
The sustainability of the uptrend in seaborne thermal coal prices is largely dependent on the rate of Chinese domestic production, ANZ analysts said in a report released Thursday. Receive daily Continue Reading
The coronavirus outbreak that exploded three weeks ago in the central Chinese city of Wuhan has prompted the most severe government actions in three decades. Cities are closed down, transport Continue Reading
Republican lawmakers on Wednesday will propose legislation setting a goal for the United States to plant a trillion trees by 2050 to fight global warming, a plan intended to address Continue Reading
The study comes as the Trump administration is preparing to finalize a that would allow the oil and gas industry to buy leases in every part of the Atlantic, Pacific Continue Reading
Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to less Continue Reading
Crude oil prices hesitated today after the Energy Information Administration reported a U.S. oil inventory build of 7.5 million barrels for the first week of February. The report came a Continue Reading
Occidental Petroleum expects to book around US$1.7 billion in impairments and costs for the fourth quarter of 2019 when it reports results later this month, the company said on Tuesday, Continue Reading
Despite having a strongly divided US Congress often at odds with the White House, power market experts said Wednesday they see bi-partisan movement on energy and climate related initiatives that Continue Reading
US crude stocks climbed for a third consecutive week last week as production ticked higher and exports slowed, US Energy Information Administration data showed Wednesday. Commercial crude inventories increased 7.46 Continue Reading
NextDecade’s Rio Grande facility will be able to export LNG to FTA and non-FTA countries. The U.S. Department of Energy (DOE) has issued an order authorizing NextDecade Corp. to export Continue Reading
People warned Marc Benioff, the billionaire chief executive of Salesforce, not to bother talking to the White House about global warming. But Mr. Benioff, a tech mogul and environmental philanthropist, Continue Reading
Some of the world’s largest financial institutions have stopped putting their money behind oil production in the Canadian province of Alberta, home to one of the world’s most extensive, and Continue Reading
Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week, Continue Reading
Rare earth elements (REEs) are vital materials for modern technologies. The US National Energy Technology Laboratory (NETL) is collaborating with the University of Kentucky and their subcontractor Virginia Tech to Continue Reading
Carbon capture has existed for decades, but some recent efforts seek to lower the costs of the process. Climeworks’s CO2 collection system in Hinwil, Switzerland. Can new technology suck carbon Continue Reading
BP’s oil and gas output is expected to decline “gradually over time” as it pursues a goal of becoming carbon neutral in its business overall and in the carbon content Continue Reading
Voltabox AG secured a long-term framework contract with e-troFit GmbH as the preferred supplier of high-performance battery systems for e-troFit’s conversion solutions for diesel buses. e-troFit is individually adapted to Continue Reading
Crude oil futures rebounded in mid-morning trade in Asia Friday, after settling down 2.5% overnight due to a heavy selloff, with the near-term outlook appearing similarly volatile amid developments in Continue Reading
The U.S. became a net oil exporter in recent months, having exported 772,000 bpd on a net basis in November 2019. – However, most regions outside of the Gulf Coast Continue Reading
Rystad Energy slashes its global oil demand growth forecast for 2020 by 25 percent after assessing the impact of the coronavirus. Rystad Energy revealed Tuesday that it has slashed its Continue Reading
The American Petroleum Institute (API) estimated on Tuesday a larger than anticipated crude oil inventory build of 6-million barrels for the week ending February 7, compared to analyst expectations of Continue Reading
Finally, a positive climate-related note coming out of the fossil fuels industry at a time when its reputation is beyond battered as it takes the bulk of the blame for Continue Reading
Natural gas sector has been unsettled by a wave of pipeline opposition Shell considers gas a transition fuel that supports the intermittency of renewables The natural gas sector faces growing Continue Reading
Global carbon dioxide emissions from power production flattened last year to 33 gigatonnes after two years of increase, even though the world economy expanded, the International Energy Agency (IEA) said Continue Reading
Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the coronavirus outbreak, Russian Continue Reading
The global drive to mitigate the impact of climate change and boost renewable energy is threatening the immense wealth that the Arab Gulf oil producers have accumulated from crude oil Continue Reading
Forces loyal to Khalifa Haftar have blocked flights carrying United Nations staff to and from Libya, hampering humanitarian and mediation efforts, the U.N. mission said on Wednesday. Haftar’s eastern-based Libya Continue Reading
Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya’s civil war entered Continue Reading
The study results have implications for the fight against climate change. Up to one fifth of the Amazon rainforest is emitting more CO2 than it absorbs, new research suggests. Results Continue Reading
Chevron has boosted oil production at its joint venture with Venezuela’s PDVSA to the highest in almost a year, Bloomberg reports , adding that the Maduro government is considering giving Continue Reading
When Alberto Fernandez, Argentina’s new left-leaning president, entered into office December 10 the international markets were anxious to see whether the post-Macri era would result in an energy policy reversal, Continue Reading
The city of Hong Kong and its 7 million+ residents have reason to be extremely anxious about the nCoV outbreak that has already caused more than 1,000 deaths on the Continue Reading
As extreme wildfires burn across large swaths of Australia, scientists say we’re witnessing how global warming can push forest ecosystems past a point of no return. Some of those forests Continue Reading
Wildfires that have devastated Australia in the last few weeks pose a risk to drinking water for millions of people. Credit: Orbital Horizon/Copernicus Sentinel Data/Gallo Images via Getty Images Even Continue Reading
Chinese policymakers have implemented a raft of measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth. The People’s Continue Reading
Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country’s economy, sources told Reuters, days before Beijing Continue Reading
Coughing badly, Zhu Chunxia sat on a sidewalk in the rain on Monday, awaiting transport to a facility where her apartment complex’s residential committee said she could be treated for Continue Reading
The impact of the coronavirus outbreak on Chinese coal has resulted in a production standstill, as the effects reverberate across the wider commodity markets and with shipowners reluctant to move Continue Reading
China reported on Wednesday its lowest number of new coronavirus cases since late January, lending weight to a prediction by its senior medical adviser that the outbreak could end by Continue Reading
Professor Neil Ferguson, director of the MRC Centre for Global Infectious Disease Analysis at Imperial College London, has said that global case numbers “are the tip of the iceberg” and Continue Reading
Chinese authorities have begun emergency requisitioning of private hospitals, hotels, apartments, cars and even face masks as the country’s rising number of coronavirus patients threatens to overwhelm local government facilities. Continue Reading
World health officials now have a name for the coronavirus illness. The World Health Organization on Tuesday proposed an official name for the illness caused by the new coronavirus: COVID-19. Continue Reading
Want smart analysis of the most important news in your inbox every weekday, along with other global reads, interesting ideas and opinions? Sign up for the Today’s WorldView newsletter . Continue Reading
The traffic is thick out here on a calm Coral Sea and, very soon, it may get worse. Much worse. The horizon is marked by two dozen ship hulls, the Continue Reading
A message written in the snow alongside the Tonghui river reads “Goodbye Li Wenliang!” On a cold Beijing morning, on an uninspiring, urban stretch of the Tonghui river, a lone Continue Reading
President Trump’s proposed budget for fiscal 2021 calls for significant reductions to environmental programs at federal agencies, including a 26 percent cut to the Environmental Protection Agency (EPA). Trump’s budget would Continue Reading
Global liquid fuels EIA expects global petroleum and liquid fuels demand will average 100.3 million barrels per day (b/d) in the first quarter of 2020. This demand level is 0.9 Continue Reading
US coal production is forecast to be about 596 million st in 2020, down 13.7% from the estimated 2019 output of 690 million st, data from the Energy Information Administration’s Continue Reading
The US Energy Information Administration on Tuesday pared back its Henry Hub natural gas spot price estimates for the first two quarters of 2020, citing a warmer-than-expected January and burgeoning Continue Reading
