Princess Cruises announced Tuesday that it’s canceling sailings in early 2021 “due to limitations with border and port access.” The company also cited the “uncertainty of airline travel” as a Continue Reading
Long-term unemployment helped define the Great Recession. Countless networks, relationships and skills that bound employee to employer were ripped apart in the global financial crisis. It took about eight years Continue Reading
Two European patients are confirmed to have been re-infected with COVID-19, raising concerns about people’s immunity to the coronavirus as the world struggles to tame the pandemic. The cases, in Continue Reading
German Foreign Minister Heiko Maas appealed to NATO allies Greece and Turkey on Tuesday to enter a dialogue and de-escalate military tensions in the eastern Mediterranean, warning of an “abyss” Continue Reading
More than three-quarters of oil workers in Scotland have considered retraining to find jobs in the renewables industries as 80 percent of Scottish oil and gas workers believe that their Continue Reading
France is joining military exercises with Italy, Greece and Cyprus in the Eastern Mediterranean amid a worsening dispute between Turkey and Greece over energy resources in the region, Armed Forces Continue Reading
Benchmark UK offshore wind load factors are seen rising to 57% in 2030 and 63% in 2040 by the Department of Business, Energy and Industrial Strategy. The UK has a Continue Reading
French nuclear operator EDF extended a low river level warning at the Rhone in southern France to the coming weekend as output across the reactor fleet fell below 30 GW Continue Reading
Oil rallied and gasoline surged to a five-month high as energy companies suspended offshore operations and refiners shuttered Gulf Coast plants with Tropical Storm Laura expected to strengthen into a Continue Reading
Crude oil futures were mixed in midmorning trade in Asia on Aug. 25 as WTI gave up more of its previously priced-in gains on a weaker-than-expected Tropical Storm Marco over Continue Reading
Two weeks ago in Renewable Energy Growth Continues At A Blistering Pace , I highlighted the inability of renewable energy to keep up with overall energy demand: “Even though global Continue Reading
The Libyan National Army (LNA), the self-styled forces of Eastern Libyan strongman General Khalifa Haftar, rejected on Sunday the ceasefire announced on Friday by the UN-backed government of Libya and Continue Reading
When it comes to finding the final frontier for big oil discoveries, you need to look beyond the Guyana-Suriname basin where everyone’s already staked their claims. And beyond the American Continue Reading
France’s Total has signed a pact with the government of Mozambique to bolster security for a US$20-billion liquefied natural gas (LNG) development the energy group leads in the African country, Continue Reading
Indigenous protests have taken over Peru, threatening to undermine the Latin American nation’s burgeoning upstream industry. To many it would come as a surprise that Peru has any substantial amounts Continue Reading
In just over a year Venezuela, and the push to oust socialist leader President Nicolas Maduro, has gone from being one of the world’s hottest news headlines to obscurity. The Continue Reading
Crisis- and sanctions-hit Venezuela is struggling with resuming gasoline production at its refineries, restarting and shutting various units again at some of its still operating refineries in recent weeks. Most Continue Reading
Warmer temperatures are melting Arctic ice and raising tensions as the U.S. looks to expand its presence in newly open waters. The problem: Russia and China also have growing trade, Continue Reading
Some 5 billion cubic feet per day (Bcf/d) of new pipeline capacity was placed into service in the United States in the first half this year, but an estimated 8.7 Continue Reading
In the past, President Trump has never hidden his disdain for the Fed and its hawkish policies, repeatedly drumming up the fact that the central bank’s interest hike regime was Continue Reading
US Gulf Coast gasoline differentials spiked Aug. 24 as the region monitored approaching tropical storms Marco and Laura. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Resurging production in North Dakota’s Bakken Shale following a wave of spring shut-ins has pushed Canadian exports to the US Midwest on Northern Border Pipeline down to its lowest flow Continue Reading
Tesla Inc’s ( TSLA.O ) chief executive Elon Musk has suggested the U.S. electric carmaker may be able to mass-produce longer-life batteries with 50% more energy density in three to Continue Reading
Oil and chemical facilities located along the Texas and Louisiana Gulf Coast are shuttering, securing equipment or running through emergency protocols ahead of a strong hurricane set to rip through Continue Reading
More than one million barrels of oil per day have been shut in on the U.S. Gulf of Mexico, as of August 23, as Hurricane Marco and Tropical Storm Laura Continue Reading
Firefighters are battling historic blazes across the California, with 1.4 million acres already torched by the fires. Dry weather and lightning strikes have sparked wildfires across California. Source: California Department Continue Reading
Signs of a problem within California’s power system emerged a full day before the blackouts hit. Trader Dov Quint sat in his basement outside Boulder, Colorado, scouring the state’s day-ahead power Continue Reading
Environmentalists and Alaska natives are challenging the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar Continue Reading
Energy companies moved to cut production at U.S. Gulf Coast oil refineries on Monday after shutting half the area’s offshore crude oil output as back-to-back storms took aim at the Continue Reading
The wildfires that exploded over the past few days in California and Colorado show clear influences of global warming, climate scientists say, and evidence of how a warming and drying Continue Reading
The investment firm, a unit of insurer Storebrand ASA with around $91 billion under management, said Monday it sold off more than $47 million in 21 companies and excluded another Continue Reading
Researchers at Germany’s Karlsruhe Institute of Technology have developed an environmentally friendly process to extract lithium from the salty thermal water reservoirs that are located in the Upper Rhine Trench. Continue Reading
Sitting on the Baltic Sea, the small eastern German town of Sassnitz has been working for years to revive its enormous port, including taking on a role supporting a Russian Continue Reading
Crude oil futures were steady in mid-morning trade in Asia Aug. 24 as investors await fresh cues on demand and supply, including the OPEC+ compliance adjustments, and amid uncertainty over Continue Reading
It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of positive news including declining inventories and reports Continue Reading
Crude oil prices rose on Monday as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on signs of progress in the development Continue Reading
Turkish air and naval forces conducted joint training exercises in the Aegean Sea, the country’s Defense Ministry said Saturday, amid strains with neighbor Greece over hydrocarbon discoveries. F-16 fighter jets Continue Reading
Last May, Iran’s President Hassan Rouhani threatened that there would be a proportionate response to any U.S. attempt to block shipments of Iranian oil to Venezuela. “We will act in reciprocation,” he Continue Reading
The Trump administration is urging Iraq to proceed with a project to connect its power grid with Saudi Arabia and other Gulf states, among steps to reduce Baghdad’s longstanding dependency Continue Reading
According to the strict Islamic tradition in which she was brought up, Sahar should by now be married with children. But while her mother married at 14 and lived with her Continue Reading
Iraq could lower its reliance on Iranian gas and electricity imports next year if OPEC’s second-largest oil producer can implement multi-billion deals signed with US companies and attract Saudi investments, Continue Reading
But now the parties are moving toward sealing and executing the component deals, which would mark a major rapprochement between Iraq and former Arab adversaries who clashed in the 1991 Continue Reading
Iran’s nuclear body has not said who it believes is behind the fire Iran’s nuclear body has said that a fire last month at a major nuclear facility was caused Continue Reading
Iraq is targeting to reach an oil production capacity of 7 million b/d, compared with 5 million b/d currently, and to stop flaring gas as well as importing fuel from Continue Reading
Two weeks after the devastating explosion that damaged or destroyed large sections of Beirut, former Lebanese President Michel Aoun was asked by French television about the possibility of making peace Continue Reading
Back in 2010, Texas-based Anadarko Corp. (now a subsidiary of Occidental Petroleum Corp. ) and Italian energy giant ENI SpA announced the discovery of approximately 180 trillion cubic feet of Continue Reading
The aspiration of bp to transform to an integrated energy company will strengthen its hands to play a much bigger role in India’s transition toward cleaner fuels like gas, hydrogen Continue Reading
Venezuelan President Nicolas Maduro on Sunday thanked ally Iran for helping the South American country overcome U.S. sanctions on its oil industry and floated the idea of purchasing missiles from Continue Reading
Venezuelan President Nicolas Maduro said he was weighing the purchase of Iranian missiles, days after Colombian President Ivan Duque accused him of doing so. “It’s not a bad idea,” Maduro said Continue Reading
Since this once-sleepy stretch of Mexico’s Caribbean coast began its transformation into a glitzy resort community 50 years ago, it has thrived by attracting millions of vacationers during its summer Continue Reading
