A government research report produced by Finland warns that the increasingly unsustainable economics of the oil industry could derail the global financial system within the next few years. The new Continue Reading
Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle, Continue Reading
Greenhouse gas emissions from EU power plants declined more sharply in 2019 than in any year since at least 1990, German think-tank Agora Energiewende said Wednesday. Receive daily email alerts, Continue Reading
Great Britain’s energy regulator has rolled out a plan that would govern the nation’s net zero greenhouse emission target backed by the new prime minister. It emphasizes finding tangible, workable Continue Reading
Russian gas supplies via Ukraine are expected to pick up in the coming weeks as state-controlled Gazprom finalizes renegotiations with its European customers over delivery points for Russian imports, an Continue Reading
Oil prices jumped by more than 3% on Wednesday after reports that scientists have found an effective drug against China’s fast-spreading coronavirus, which has hit the world’s second-largest economy in Continue Reading
Public health officials still haven’t been able to determine what kind of impact the coronavirus will have globally and it’s clear by how they’re trading that investors are struggling to Continue Reading
A bear stampede has taken hold of oil markets as the coronavirus plague continues to spread FUD (fear, uncertainty and doubt) amongst the investing universe. Oil futures slid for a Continue Reading
The American Petroleum Institute (API) estimated on Tuesday a larger than anticipated crude oil inventory build of 4.18 million barrels for the week ending January 31, compared to analyst expectations Continue Reading
Just when investors were beginning to come to terms with weak oil demand amidst a synchronized global economic slowdown, a deadly viral outbreak in the world’s most populous nation has Continue Reading
