The Trump administration aims to speed federal approval of energy pipelines, mines, highways and other infrastructure by asserting that a national “economic emergency” warrants that agencies waive long-standing environmental rules, Continue Reading
China completed the construction of a 22.6 billion yuan ($3.17 billion) ultra-high voltage electricity line that for the first time will transport only clean energy. It’s the first UHV line in Continue Reading
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace Continue Reading
The oil price and demand crash in April resulted in Canada’s energy exports plunging by the most on record, with crude oil exports plummeting by 55.1 percent, Statistics Canada said Continue Reading
Exxon will likely make the final investment decision for its Mozambique LNG project next year, Reuters reports , citing the country’s National Petroleum Institute. The supermajor postponed the FID on Continue Reading
The US oil and gas rig count fell 22 in the week ended June 3 to 311, rig data provider Enervus said, as oil-focused rigs continue to be pulled from Continue Reading
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll Continue Reading
A bipartisan group of senators is trying to make it easier for farmers and forest managers to make money from reducing greenhouse gas emissions from their land. A new legislative proposal Continue Reading
The German economy has passed the trough of its coronavirus recession and is starting to grow again, the Bundesbank said, endorsing the government’s sweeping fiscal stimulus that should underpin the Continue Reading
Russia’s Energy Minister Alexander Novak is predicting a shortage in the oil market next month, Ifax reported on Thursday. Novak said that the global oil markets could see a shortfall Continue Reading
