Saudi Arabia is significantly cutting its crude oil exports to the United States this month, with shipments likely to hit a 35-year low and reducing the overhang in U.S. oil Continue Reading
Following the demand and oil price crashes, Saudi Arabia has idled offshore rigs and postponed the start of a US$18-billion expansion project, Bloomberg News reported on Wednesday, citing sources familiar Continue Reading
Iraq suffers power shortages, capacity at 16.77 GW Solar tender for 755 MW restarted Iraq recently signed two-year contract to import Iranian electricity Iraq plans to increase its generating capacity Continue Reading
Oil refinery (file photo). Three of Nigeria’s four refineries gulped N1.64 trillion in cumulative losses recorded in their operations since 2014, details from the first-ever audited accounts and financial statements Continue Reading
India’s onward march to boost its renewable energy capacity and build domestic capacity for making solar equipment got fresh impetus when Adani Green Energy Ltd won a bid to make Continue Reading
Venezuela is still sending oil to China despite stifling U.S. sanctions, Bloomberg has reported , citing shipping data from Kpler. As of this Monday, the data suggested, there were 3.3 Continue Reading
The volume of traffic on Beijing roads has fallen sharply this week as authorities attempt to quell a new coronavirus outbreak, highlighting the danger for energy demand if it can’t Continue Reading
The total number of coronavirus infections in the U.S. exceeded 2.16 million—more than a quarter of global confirmed cases, according to data compiled by Johns Hopkins University. More than 448,000 Continue Reading
While Beijing’s case numbers are low by, they are vexing Chinese authorities who had touted their success in quickly stamping out the coronavirus and had taken pains to ensure it Continue Reading
China’s carbon dioxide emissions increased by 3.4 percent last year, higher than the ten-year average growth rate of 2.6 percent, BP’s Statistical Review of World Energy showed on Wednesday—the highest Continue Reading
