Oil Posts Longest Streak of Gains in More Than a Year
Oil posted its longest streak of gains in more than a year, buoyed by output cuts across the globe that have whittled away at a stubborn supply glut. Futures climbed 1.3% Continue Reading
Oil May Never Fully Recover From This Crisis
It’s a rule of thumb among epidemiologists that every epidemic is different and could be laden with surprises. It now seems the same applies to economic crises. During the last Continue Reading
COVID Crisis Could Unify World’s Largest Oil Companies
Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough Continue Reading
Why The Covid Crisis Is A Pivotal Moment For Renewables
The global energy and travel industries have been some of the hardest hit by the coronavirus crisis, with the energy market experiencing its biggest shock post-WWII. Widespread lockdowns have resulted Continue Reading
This Is How Human Extinction Could Play Out
Oh, it could get very bad. In 2015, a study in the Journal of Mathematical Biology pointed out that if the world’s oceans kept warming, by 2100 they might become Continue Reading
Will Hot Weather Kill the Coronavirus Where You Live?
What has undoubtedly influenced the virus’s spread, however, is the human factor: decisions made by governments and individuals alike. While the weather effects are slight, some countries have successfully controlled Continue Reading
Why some spots on the planet are heating up faster than others
Just this month, several of my colleagues on The Washington Post’s climate team were awarded a Pulitzer Prize for their reporting on this exact question. Their analysis of global climate Continue Reading
This Oil Nation Sees Production Drop As COVID-19 Cases Spike
Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump Continue Reading
OPEC Producer Algeria Aims To Build $3.6B Solar Power Projects
OPEC member Algeria plans to install up to US$3.6 billion worth of solar photovoltaic (PV) projects to produce renewable electricity for export and for meeting increasing domestic power demand. The Continue Reading
Yemen’s health system ‘has in effect collapsed’ as COVID spreads: U.N.
Coronavirus is believed to be spreading throughout Yemen, where the health care system “has in effect collapsed”, the United Nations said on Friday, appealing for urgent funding. Referring to aid Continue Reading