Global greenhouse gas emissions are on track to plunge nearly 8 percent this year, the largest drop ever recorded, as worldwide lockdowns to fight the coronavirus have triggered an “unprecedented” Continue Reading
A dozen years ago, New Energy Finance founder and CEO Michael Liebreich asked a room full of California electricity sector executives and regulators what their strategy would be when a grid Continue Reading
Libyan militia commander Khalifa Haftar ordered his forces to freeze operations during the Muslim holy month of Ramadan, as criticism mounts over his bid to consolidate power in the oil-rich east. The Continue Reading
As many as 6.43 million Iranians, or nearly 25% of the workforce, could lose their jobs due to the coronavirus outbreak, according to a study by the country’s Parliament Research Continue Reading
Iraq is seeking financial assistance from the U.S. to help the country combat the fallout of the Covid-19 pandemic and plummeting oil revenue, the country’s health minister-designate said. “We have been Continue Reading
First came the floods. The waters swamped bean and corn fields and created a breeding ground for a swarm of desert locusts the size of Manhattan that fanned out and Continue Reading
Gone are the days when Somalia’s Gulf of Aden was considered the most dangerous piracy zone for oil companies and other seafarers. But now, with offshore oil storage bursting at Continue Reading
Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OPEC+ production cut agreement. Continue Reading
Venezuela seems to be changing tactics when it comes to managing its oil resources. PDVSA is considering a major industry reform that would increase private company activities in its troubled Continue Reading
Flight bookings surged by up to 15 times after Beijing relaxed quarantine rules, raising hope that a release of pent-up demand ahead of a major holiday will breathe life into Continue Reading
