The first large-scale study of the risks that countries face from dependence on water, energy and land resources has found that globalization may be decreasing, rather than increasing, the security Continue Reading
The United States, Russia, France and many other countries are setting records for coronavirus infections as a tidal wave of cases washes over parts of the Northern Hemisphere, forcing some Continue Reading
Seeking to blunt concerns about the damage natural gas does to the environment, some of the world’s largest shippers of the fuel are selling “carbon-neutral” cargoes that include a form Continue Reading
It’s only natural to be skeptical when a political leader stands up and makes a promise about a target that’s far off, hard to achieve, and lacks a clear pathway. So Continue Reading
Global economic and oil demand recovery is still anemic, OPEC Secretary General Mohammad Barkindo said on Monday, but noted that the cartel doesn’t see another plunge in demand like in Continue Reading
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move to increase pressure on Tehran. Continue Reading
Iran’s oil minister said on Twitter on Monday that Tehran’s oil industry will not yield to pressure from the United States. Minister Bijan Zanganeh said U.S. sanctions against him and Continue Reading
The Trump administration on Monday imposed counterterror sanctions on Iran’s Ministry of Petroleum, the National Iranian Oil Company and its tanker subsidiary in a pre-election move that analysts say will Continue Reading
Libya’s crude oil production could reach 800,000 bpd over the next two weeks and top 1 million barrels daily within a month now that the National Oil Corporation has lifted Continue Reading
Getting rid of oil and gas is “far-fetched and unrealistic,” Saudi Energy Minister, Prince Abdulaziz bin Salman, said on Monday, adding that companies and governments should be thinking about how Continue Reading
All of Libya’s key oil fields and terminals are gearing up for a full reboot, with almost 500,000 b/d more of Libyan light sweet crude set to hit the market Continue Reading
All of Libya’s key oil fields and terminals are gearing up for a full reboot, with almost 500,000 b/d more of Libyan light sweet crude set to hit the market Continue Reading
Japan will be carbon neutral by 2050, its prime minister said on Monday, making an ambitious pledge to sharply accelerate the country’s global warming targets, even as it plans to Continue Reading
Brazil climbed to number three among China’s crude oil suppliers last month thanks to continued purchases by independent refiners, whose quotas for imported crude oil are running out. Imports of Continue Reading
Vietnam is preparing to evacuate nearly 1.3 million people as it braces for the impact of typhoon Molave, which lashed the Philippines overnight causing flooding, landslides and leaving at least Continue Reading
China has contained the coronavirus with only localized and short-lived restrictions since April. Foreign direct investment in China largely held steady during the first half of this year, even as Continue Reading
“Certainly, the Chinese are not going to meet the commitments,” said Scott Kennedy, a senior adviser at the Center for Strategic and International Studies. “The trend lines don’t look good Continue Reading
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding overseas, while Continue Reading
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say the rally will lose steam with a second wave of Continue Reading
Nikola was the buzz of Wall Street, trying to cut a path in electric trucking. Now, federal prosecutors are investigating claims that it misled investors. WSJ explains Nikola’s roller-coaster summer Continue Reading
U.S. markets fell sharply amid uncertainty over stimulus talks and the number of covid-19 infections swelled. U.S. markets slumped Monday as investors grappled with uncertainty about economic stimulus negotiations and Continue Reading
The shift from fossil fuels to renewables is in full swing, and that inexorable march will carry on in the coming years regardless of who sits at the Oval Office. Continue Reading
US E&P companies have so far hedged 41% of their total forecasted 2021 oil output at an average price floor of $42 per barrel (Nymex WTI equivalent), lower than this Continue Reading
Portfolio managers increased their bullish bets on crude oil futures and options in the week to October 20 by the most since April, according to the latest commitment of traders Continue Reading
Another storm is headed to the U.S. Gulf of Mexico this week, prompting oil and gas operators in the area to start evacuating platforms again. BP, for example, said it Continue Reading
California is grappling with yet another weather-driven disaster as a wildfire propelled by hurricane-force gusts rages south of Los Angeles, with dangerous conditions expected to persist across the precariously-dry state. The Continue Reading
Market analyst Wood Mackenzie published a report laying the cards on the table as to what the future of clean energy and electric vehicles may look like following the November Continue Reading
Analysts expect sanctions to continue to dominate US-Russia energy links after the November election, with some forecasting that a Joe Biden administration could be more likely to drive an improvement Continue Reading
PM 2.5 pollution was significantly associated with an increased risk of hospital admissions for several neurological disorders, including Parkinson’s disease, Alzheimer’s disease, and other dementias, in a long-term study of Continue Reading
Cooler late-autumn weather and rising gas demand are lifting Henry Hub gas to annual highs, but basis prices in Appalachia continue to lag as the region becomes increasingly disconnected from Continue Reading
Building electrification backers could get a powerful ally if Democratic candidate Joseph Biden prevails in the presidential election on Nov. 3 Receive daily email alerts, subscriber notes & personalize your Continue Reading
The second wave of coronavirus cases in the world is impacting global oil demand “maybe a little bit more than we thought” in the second half of this year, BP’s Continue Reading
European driving activity fell for the third week running in the week ended Oct. 25 as growing measures by regional governments to contain a spike in coronavirus infections continue to Continue Reading
BP swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and is weighing on fuel demand and refining Continue Reading
Highlights New industrial revolution will drive ‘massive energy shift’ Europe targets jobs boost, clean air, climate protection EU ready to apply carbon border measures if needed London — The EU’s Continue Reading
Crude oil futures fell during the mid-morning trade in Asia on Oct. 26, extending losses from Oct. 23, after Libya’s National Oil Corp said that output from the country may Continue Reading
Oil extended its slide to a second day on a toxic cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a Continue Reading
Oil fell more than 2% on Monday, extending last week’s losses as growing cases of COVID-19 in the United States and Europe raised worries about crude demand, while the prospect Continue Reading
After years of focusing on U.S. shale, Chevron Corp CVX.N is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long Continue Reading
Libya’s state-owned National Oil Corp. said Oct. 26 it lifted force majeure on the 70,000 b/d El Feel, or Elephant, oil field as the OPEC producer seeks to almost double Continue Reading
Iraq is in talks with France’s Total to invest in two gas projects, the country’s oil minister said Oct. 24, as OPEC’s second-largest producer seeks to boost natural gas production Continue Reading
Nigeria’s police chief ordered the immediate mobilization of all force resources on Saturday to try to control the worst street violence in Africa’s most populous country in two decades stemming Continue Reading
India has some major plans in store for developing the traffic- and smog-choked subcontinent’s electric vehicles market. Just last week, India’s Department of Heavy Industries released an expression of interest Continue Reading
BAKU/YEREVAN (Reuters) – Armenia and Azerbaijan accused each other on Monday of violating a new U.S.-brokered ceasefire in fighting over the mountain enclave of Nagorno-Karabakh, casting doubt over the prospects Continue Reading
European Union foreign policy chief Josep Borrell speaks during a media conference after a meeting, Supporting the future of Syria and the Region, in videoconference format at the European Council Continue Reading
Contaminated water that could soon be released into the sea from the Fukushima Daiichi nuclear power plant contains radioactive carbon with the potential to damage human DNA, environmental rights organization Continue Reading
President Xi Jinping opened a meeting in Beijing this week to map out the next phase of economic development, just days before one of the most contentious U.S. elections in history Continue Reading
China reported the highest number of asymptomatic novel coronavirus infections in nearly seven months on Monday following the discovery of a cluster of cases linked to a garment factory in Continue Reading
Japanese Prime Minister Yoshihide Suga set an ambitious target for his country to become carbon neutral by 2050 in his first policy speech to parliament since taking office as premier Continue Reading
Around 4.7m people in Kashgar are being tested, with 138 asymptomatic cases found so far. China has been largely successful in bringing infection rates down, but there continue to be Continue Reading
