Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their Continue Reading
After a grim Q2 season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the world’s oil and gas reserves may no longer be viable, Continue Reading
A US federal appeals court halted on Aug. 5 the pending shutdown of the Dakota Access Pipeline slated for the same date, but the court is still requiring an environmental Continue Reading
BP just came up with a plan for tackling climate change that even Greenpeace is cautiously praising. As my colleague Steven Mufson reports, the British oil and gas giant on Continue Reading
The Russian government official sounded concerned in comments to Sergei Furgal, the governor of a province in Russia’s Far East: “Your rating is going up, and the president’s is falling.” Continue Reading
It might not be a secret to anyone that Russia’s coal industry has been pivoting towards Asia – domestic utilization of the country’s vast coal reserves is stagnant at best, Continue Reading
It’s been nearly 12.5 years since Virgin Atlantic flew a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts. Although Sir Continue Reading
Lufthansa does not expect air travel demand to return to pre-coronavirus crisis levels until at least 2024, as the German airline posted a 1.7 billion euro quarterly operating loss. The Continue Reading
Crude oil futures were largely stable in mid-morning trade in Asia August 5 as concerns over the demand outlook amid a resurgence in regional coronavirus infections and rising geopolitical tensions Continue Reading
Oil prices firmed on Wednesday after data showed a big drop in U.S. crude inventories, although concerns mounting coronavirus infections will lead to reduced fuel demand capped gains. Brent crude Continue Reading
Crude oil prices settled higher Aug. 4 following more bullish US economic data and expectations of a large drawdown in US crude inventories. NYMEX September WTI settled 69 cents higher Continue Reading
Brent oil futures on Tuesday closed at their highest since early March on hopes the United States is making progress on a new economic stimulus package, as well as curbing Continue Reading
With Libya’s conflict escalating, the country’s crude oil exports are set to be just 1.2 million barrels in August, a 40-percent plunge from July, Bloomberg reported , citing an initial Continue Reading
Iraq’s nationwide crude exports fell in July to 3.192 million barrels per day (bpd), their lowest monthly average since 2015, as the Oil Ministry continued to throttle back output in Continue Reading
Saudi Arabia has constructed with Chinese help a facility for extracting uranium yellowcake from uranium ore, an advance in the oil-rich kingdom’s drive to master nuclear technology, according to Western Continue Reading
Like many Middle Eastern countries in the catastrophic aftermath of Saudi Arabia’s latest oil price war folly against the U.S. shale sector, Oman has been left in the position of Continue Reading
America’s most prolific shale drillers are accepting a fate once anathema to an industry obsessed with growth: drilling just to ward off production drops. The pandemic and subsequent plunge in crude Continue Reading
As the US shale boom sent the country’s crude production soaring over the past decade, the oilfield services companies that do everything from drilling producers’ wells and laying pipes to Continue Reading
The global coronavirus pandemic–a true black swan event–has altered the course of the entire oil and gas industry, and not even the mighty US shale industry will emerge unscathed. Employment Continue Reading
Tesla looks to significantly expand its retail and sales presence in North America, China, and other countries, as it is gearing up for increased sales over the next years, Electrek Continue Reading
Southern California Gas Co is suing the California Energy Commission over the state’s climate policy and attempts to phase out natural gas as a source of heating and cooking. Southern Continue Reading
Illinois Basin coal production totaled 14 million st in the second quarter, down 27.2% from the previous quarter, Mine Safety and Health Administration information said Aug. 3. Receive daily email Continue Reading
US Senate Republicans from energy-producing states are pushing for infrastructure permitting reforms after a fast-track program came under court challenge this year and became the latest roadblock for the Keystone Continue Reading
America’s most prolific shale drillers are accepting a fate once anathema to an industry obsessed with growth: Drilling just to ward off production drops. The pandemic and subsequent plunge in crude Continue Reading
For over a decade, the U.S. federal government has failed to pursue major action on climate change , leaving most of the hard work of cutting carbon emissions to individual Continue Reading
Europe may lock-in raised targets for renewables and energy efficiency as part of its Green Deal strategy to zero-out greenhouse gases by the middle of the century. The European Union’s Continue Reading
With climate change bearing down on the planet and the novel coronavirus upending the fossil fuel business, one of the world’s biggest oil and gas companies on Tuesday mapped out how Continue Reading
Not so long ago the energy transition was primarily an idealistic concept driven by environmentalists and researchers. The most important impediment was the high costs of clean technologies. The drastically Continue Reading
Russian gas supplies to Europe fell to a new 2020 low in July, with exports dropping to just 9.6 Bcm, an analysis of data from S&P Global Platts Analytics and Continue Reading
Businesses in the eurozone saw stronger growth than initially reported in July, with output expanding for the first time since coronavirus lockdowns hit the economy in March. Services providers and manufacturers Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Aug. 4 as traders took profit after the overnight rally amid better-than-expected global economic data. Not registered? Receive daily email Continue Reading
Oil rose the most in nearly two weeks, tracking a move in stronger equities, as economic data from the U.S. to Europe and Asia signaled a flicker of life in Continue Reading
The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic. Global exports of the fuel last month Continue Reading
The weather is going to be hot after all in the short term, forecasts now predict. That prediction sent natural gas prices soaring on Monday by nearly 20 percent as Continue Reading
OPEC’s crude production rose last month as Persian Gulf members phased out extra supply cutbacks, but the cartel largely persevered with its strategy to revive the global oil industry. Saudi Arabia, Continue Reading
An Iraqi woman cools down with water from a hose in Baghdad, on Aug. 1. The Middle East is enduring one of its hottest summers ever, but Iraqis have had Continue Reading
Israel is preparing for a massive roll-out of electric vehicles (EVs) on its roads over the next decade and is instructing its cities to build hundreds of charging points to Continue Reading
One of the world’s largest oil producers and exporters, the United Arab Emirates (UAE), has just launched the first nuclear power plant in the Arab world. Touted as a major Continue Reading
The youngest internationally recognized nation on earth, South Sudan’s relationship with its oil and gas reserves has been troubled and ambivalent – ever since its first day of existence oil Continue Reading
Guyana’s electoral authorities declared opposition candidate Irfaan Ali president Sunday, ending a five-month constitutional crisis that threatened to turn the South American nation into an international pariah. The decision eases Continue Reading
Global coal-fired power capacity edged down for the first time on record in the first half of 2020 as retirements accelerated and the coronavirus saw new projects put on hold. The Continue Reading
China’s dependence on crude oil imports has been growing in recent years as its domestic production has faltered, and the world’s top oil importer covered 73.4 percent of its oil Continue Reading
China bought only 5% of the targeted $25.3 billion in energy products from the United States in the first half of 2020, falling well short of its trade deal commitments Continue Reading
A number of high-profile reports last week cited data released on 26 July by China’s General Administration of Customs (GAC) as clear evidence that China did not import any crude Continue Reading
Factory activity in China expanded at its fastest rate in almost a decade in July, amid signs of a wider recovery from the coronavirus crisis in some of Asia’s biggest Continue Reading
The 2020 Atlantic hurricane season is off to a record start with nine storms forming across the basin faster than any year going back to at least 1851. Tropical Storm Continue Reading
An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened Continue Reading
Last month, the European Union set out a comprehensive hydrogen strategy as part of its goal to achieve carbon neutrality for all its industries by 2050. The EU has an ambitious target Continue Reading
Margaret Thatcher hated the UK’s coal miners and especially their union. A series of brutal strikes divided the nation during her regime. But when the time came to deal with Continue Reading
Oil prices remain stable despite rising pressure over the last week. Economic data from the United States fueled bearish sentiment despite encouraging data from the EIA. The U.S. economy is Continue Reading
