An American has died from the coronavirus in Wuhan.
An American has died from the coronavirus in Wuhan. A United States citizen has died from the new coronavirus in Wuhan, China, in what appeared to be the first death Continue Reading
Xi Assured Trump China Will Meet Obligations Under Deal, Kudlow Says
A top White House economic adviser said Friday Chinese President Xi Jinping has assured President Trump the country would meet its obligations under the recently signed trade deal despite the Continue Reading
Coronavirus Is Bruising America’s Oil Patch—How Badly Is the Question
Many companies in America’s oil patch were already struggling when the coronavirus came around. Investors are worried some won’t pull through. U.S. benchmark crude prices started the year strong, rising Continue Reading
How the coronavirus outbreak is affecting Australia’s economy
The coronavirus outbreak is having adverse effects on many Australian industries, but it could provide some welcome news for motorists. Retailers are bracing for potential product shortages and sales drops Continue Reading
Trump Opens National Monument Land to Energy Exploration
The Trump administration on Thursday finalized plans to allow mining and energy drilling on nearly a million acres of land in southern Utah that had once been protected as part Continue Reading
BLM leadership expanded oil drilling in Colorado over local staff objections
BLM leadership expanded oil drilling in Colorado over local staff objections The Bureau of Land Management’s (BLM) Washington office ignored the advice of its Colorado staff, deciding to expand oil Continue Reading
Texas Regulator Readies First Flaring Report Amid Backlash
A Republican defending his seat on Texas’s all-powerful energy regulator is preparing a first-of-its-kind report on natural gas flaring, a practice that’s come under fire from environmental groups and even Continue Reading
The Energy 202: Trump backs down from building nuclear waste site in Nevada – The Washington Post
President Trump with one single tweet appeared to reverse his administration’s support of entombing dangerous radioactive material under the Yucca mountain. Just nine months away from the 2020 election, Trump tweeted Continue Reading
Oil Rigs Hold Steady While Oil Prices Continue to Sink
It’s business as—almost–usual in the United States, even after a fifth week of faltering oil prices as the coronavirus outbreak eats away at oil demand and strikes fear in the Continue Reading
Ottawa Prepares Lifeline For Alberta If It Rejects Major Oil Project
The federal Canadian government is preparing a financial aid package for Alberta in case it decides against a controversial large-scale oil sands project, Reuters reports , citing sources close to Continue Reading
US oil output to keep prices stable for years: energy secretary
Record-high US oil output and slowing, but steady economic growth have increased stability in global oil prices, US Energy Secretary Dan Brouillette said Friday. Receive daily email alerts, subscriber notes Continue Reading
US Energy Secretary: Impact of Coronavirus on Energy Markets Hasn’t Been Dr
The novel coronavirus has not had a dramatic effect on energy markets, US Energy Secretary Dan Brouillette said on Friday, according to Reuters , though the effect on the market Continue Reading
DOE secretary says coronavirus unlikely to hurt energy markets in near term
US Energy Secretary Dan Brouillette played down the effect that a coronavirus outbreak in China would have on energy markets, describing the impact as “marginal” even as worry over a Continue Reading
How the oil industry pumped Americans full of fake news
Ivy Lee invented fake news to cover up Standard Oil’s mistakes in the early 1900s. The world has known about the dangers of climate change for decades — so why Continue Reading
U.S. Weighs Rosneft Sanctions But Wary of Oil Market Chaos
The U.S. is weighing whether to sanction Russia’s biggest oil producer, Rosneft PJSC, for maintaining ties with Venezuela’s Nicolas Maduro, though American officials are wary that the move could cause Continue Reading
Britain Is Getting Ready to Scale Up Negative-Emissions Technology
British companies are preparing for the U.K. government to decide how to spend more than $1 billion on infrastructure capable of capturing and burying millions of metric tons of carbon dioxide pollution. The money Continue Reading
Rosneft Slumps On Possible US Sanctions Over Venezuela Ties
Shares in Russia’s largest oil producer, Rosneft, slumped on Friday on the Moscow Stock Exchange, following a report on Thursday that the United States is thinking about slapping sanctions on Continue Reading
Russia Ready To Renew Energy Dialogue With The U.S.
Russia is ready to renew energy cooperation and dialogue with the United States, Russian Energy Minister Alexander Novak told the newly appointed U.S. Ambassador to Russia, John J. Sullivan, during Continue Reading
Germany’s biggest EV battery plant takes shape with Eur2 bln investment plan
Plans for Germany’s biggest EV battery plant at Kaiserslautern have advanced after car maker Opel pledged to invest Eur2 billion ($2.2 billion), the energy ministry said Friday. Opel, part of Continue Reading
Fiat-Chrysler mulls closing European plant on parts shortage due to coronavirus disruptions
Fiat-Chrysler (FCA) on Friday warned one of its European plants could be forced to halt production in the coming weeks if the coronavirus outbreak continues to affect the capacity of Continue Reading
Oil rises on potential OPEC+ output cuts amid coronavirus outbreak
Oil prices edged higher on Friday on hopes OPEC and other producers may cut their output further amid falling demand for crude as China battles the coronavirus epidemic. Brent crude Continue Reading
Oil prices flat; OPEC+ mulls supply cut as virus hits demand
Oil futures gave up early gains and settled narrowly mixed on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact Continue Reading
The End Of The Oil Price Boom And Bust Cycle
Something strange is happening in the oil world. A string of events and developments that should have pushed prices much closer to three-digit territory has, in fact, had only a Continue Reading
Oil Demand Under Siege As Airlines Cancel Over 50,000 Flights
Over 54,011 airline flights scheduled to, from, and within China between January 23 and February 4 were canceled, according to Cirium data cited by CNBC, creating a ripple effect for Continue Reading
Russia Still A Holdout On Deeper OPEC+ Oil Production Cuts
While a technical panel of the OPEC+ coalition is recommending an additional cut of 600,000 bpd in response to the lower oil demand due to the coronavirus outbreak, OPEC’s key Continue Reading
Antarctica hits hottest temperature on record at 18.3C
This week’s unusually high temperatures in the Antarctic – which surpassed those in the UK – appear to be part of a heatwave across the Antarctic Peninsula. Scientists have warned that Continue Reading
OPEC+ committee recommends 600,000 b/d in new oil cuts, but Russia wants to wait
Saudi-led efforts to implement deeper oil cuts to tackle the coronavirus’ impact on the market remained in limbo Thursday, with key ally Russia not yet on board with a proposal Continue Reading
Iraqi cleric condemns anti-protester violence, calls for representative government
Iraq’s top Shi’ite Muslim cleric on Friday condemned deadly violence that killed protesters at sit-ins this week in the southern holy city of Najaf and said a new government must Continue Reading
The Oil Nation That Squandered Its Wealth
Some of the world’s first ever commercial oil wells were operational near Baku in 19 th century Imperial Russia in today’s Azerbaijan. The oil abundance produced some of the wealth Continue Reading
Venezuela Moves U.S. Oil Executives to Caracas Prison
Venezuelan authorities rounded up U.S. oil executives held under house arrest in Caracas Wednesday night and moved them to a prison, the top U.S. envoy to Venezuela told reporters on Continue Reading
In the U.S. embargo on Venezuelan oil, Russia is a clear winner
In the year since the Trump administration declared what amounted to economic war against the Venezuelan government of President Nicolás Maduro — an oil embargo that cut it off from Continue Reading
Shale Gas Swamps Asia, Pushing LNG Prices to Record Lows
Liquefied natural gas is fetching the lowest price on record in Asia, a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas to buoy Continue Reading
Coronavirus Live Updates: China’s Death Toll Soars as Wuhan Plans Roundup of Infected
Death toll in China rises to 563 as lockdown enters third week. The death toll and number of infections continued to soar in China, officials said Thursday. It has been Continue Reading
Goldman: Coronavirus Causes Worst Oil Demand Shock Since 2008
The slowdown in China’s industrial activity and the shutdown of factories amid the coronavirus outbreak is causing the worst shock to oil demand in over a decade, Jeff Currie, global Continue Reading
China’s Top LNG Buyer Refuses Cargoes Amid Virus Outbreak
China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some Continue Reading
China Tightens Wuhan Lockdown in ‘Wartime’ Battle With Coronavirus
The Chinese authorities resorted to increasingly extreme measures in Wuhan on Thursday to try to halt the spread of the deadly coronavirus, ordering house-to-house searches, rounding up the sick and Continue Reading
S Korea’s Hyundai Motor to stop production as virus curtails auto parts supply
South Korea’s Hyundai Motor and Kia Motors will suspend car production indefinitely at all its local plants, the company said Friday, due to a lack of auto parts from its Continue Reading
U.S. Top Shale Oil Fields Decline 10 Times Faster Than Global Oil Industry
The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on Continue Reading
After Three Record Breaking Years, Is The U.S. Wind Energy Boom Over?
In 2019, the U.S. wind power industry recorded its third record-breaking installation year in a row, with new wind capacity hitting 9.14 GW. To date, there are another 44 GW Continue Reading
Georgetown University says it will divest from fossil fuel companies
Georgetown University’s board of directors voted Feb. 6 to divest the endowment from fossil fuel companies. Georgetown University’s president announced Thursday that the school will stop making new investments of Continue Reading
Peak Shale Will Send Oil Prices Sky High
Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply right now, the market may Continue Reading
The Energy 202: 2020 Democrats play up climate plans as a way to win in New Hampshire
As Democrats running for president pivot to New Hampshire after the debacle in Iowa, they have already spent much of this week in the Granite State trading grabs over which Continue Reading
Russia Looks To Double Coal Exports To China
Russia has been historically associated with oil and gas exports, yet the news somewhat underreports its coal market presence. Although neither the world’s largest coal producer nor exporter, Russia seems Continue Reading
Russia’s Novak, US ambassador discuss energy cooperation
Russian energy minister Alexander Novak discussed bilateral energy cooperation with the US ambassador to Russia, John Sullivan, on Thursday, according to an energy ministry statement. Receive daily email alerts, subscriber Continue Reading
Hitler’s Renewable Jet Fuel Could End Flight Shaming
A “green” jet fuel invented by the Nazis for the Luftwaffe air force during World War II may have just found a new purpose in the burgeoning era of flight Continue Reading
ElringKlinger fuel cell stacks exceeded expectations in EU-funded GiantLeap; trailer-attached hydrogen range extender for electric buses
Within the scope of EU-funded GiantLeap project, Bosch Engineering GmbH, together with VDL Enabling Transport Solutions b.v. and their partners, designed and built a fuel cell range extender system for Continue Reading
JenaBatteries and BASF cooperate in the development of electrolyte for redox flow battery
JenaBatteries GmbH and BASF are cooperating in the production of an electrolyte for a battery technology that is particularly suitable for stationary storage of electricity from renewable energy sources and Continue Reading
Oil rises for a second day as OPEC+ weighs coronavirus action
Oil futures rose for a second day on Thursday, boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between Continue Reading
Central Banks Have a $12 Billion Coal Problem They Must Solve
The world’s leading central banks should purge coal-related assets from their balance sheets and set rules discouraging the financial system from financing polluting industries, according to the New Economics Foundation Continue Reading
The world’s oceans are speeding up — another mega-scale consequence of climate change
Scientists are warning that all across the globe, ocean currents are speeding up their pace. (Salwan Georges/The Washington Post) Three-quarters of the world’s ocean waters have sped up their pace Continue Reading