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Month: November 2020

Category:
  • Renewables

IRENA report says tripling renewables investment required to reach 2050 climate goal

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Climate

Former White House Climate Adviser: ‘We Just Don’t Have Enough Time’

John Podesta served in the White House as counselor in charge of climate and energy policy during President Barack Obama’s second term. He has no desire to reprise his role Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • OPEC

Iraq, Saudi Arabia affirm commitment to OPEC+ pact to achieve “fair” prices

Iraq and Saudi Arabia have affirmed their “full commitment” to the OPEC+ output curbs decision in order to achieve an oil price that is fair to both consumers and producers, Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Iraq

Parliament set for imminent vote on scaled-down, $10B financing law

 Iraq’s Parliament is considering a scaled-down emergency financing law that would give the government access to 12 trillion Iraqi dinars ($10.2 billion) in financing, though it could be delayed by Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Africa

Pirate Attacks On Oil Tankers Off West Africa Intensify

Several oil tankers were attacked or approached with attempted attacks in the Gulf of Guinea off West Africa over the past few days, maritime security companies warn. Over the past Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Fuel Crisis Looms As Oil Workers Begin Strike

Oil worker. Nigeria may be heading towards another economic crisis with crude oil production threatened as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Nagorno-Karabakh

Armenians Protest Over Nagorno-Karabakh Peace Agreement With Azerbaijan

Armenian protesters stormed government buildings in the capital of Yerevan after a peace agreement was reached with Azerbaijan. The two countries agreed, in a Russian-brokered deal, to end their war Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Nagorno-Karabakh

Cease-fire in Nagorno-Karabakh provokes protests in Armenia, celebrations in Azerbaijan

Nearly 2,000 Russian peacekeeping forces were deployed to the disputed region of Nagorno-Karabakh on Tuesday after a cease-fire deal reached overnight allowed Azerbaijan to hold on to the substantial territory Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Colombia

Can Colombia Replicate Brazil’s Offshore Oil Boom?

While offshore Brazil , Guyana and to a lesser extent Suriname are gaining the lion’s share of attention when it comes to South American offshore oil, with opportunities opening-up in Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Singapore

Shell’s Largest Refinery Reduces Crude Processing Capacity By 50%

Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its ambition to be a net-zero Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple

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