The International Maritime Organization (IMO) approved on Friday a ban on the use of heavy fuel oil for ships in the Arctic, but environmental organizations slammed the new regulation as Continue Reading
OPEC kingpin Saudi Arabia is likely to continue exporting oil at the same levels “for decades to come,” even as the world hastens the shift towards renewables, its former energy Continue Reading
Yemen’s Iran-backed Houthi rebels said they attacked a Saudi Aramco distribution station in the western city of Jeddah, according to a statement made by its spokesperson on Twitter Nov. 23. Continue Reading
Venezuela’s regime has recently arrested oil workers or retired oil workers who have dared to expose the corruption and mismanagement at its state oil firm PDVSA and its dire financial, Continue Reading
Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending — so-called shadow banking — and tighter rules on asset management made Continue Reading
The biggest emitter of planet-warming pollution managed to take almost the whole world by surprise. In a September speech to the United Nations, Chinese President Xi Jinping put a 2060 end date Continue Reading
China has allocated a fresh round of oil product quotas in an effort to cut bulging domestic stocks, a move that could potentially add a stream of cargoes to an Continue Reading
Carbon pricing sounds like the simplest solution to the world’s emissions problem: if you want to emit, you have to pay for it. Europe has pioneered carbon pricing efforts with Continue Reading
In remote northern Michigan a propane shortage in early 2014 caused prices to nearly double, squeezing about half of the families there who rely on the fossil fuel to heat Continue Reading
U.S. hospitalizations set a record for the 13th day in a row. New U.S. cases tallied 142,732, down from Friday’s record but a record for a Sunday. AstraZeneca and University Continue Reading
