After a week of contentious OPEC+ discussions, in which the UAE played a key role, it appears that the Abu Dhabi National Oil Company (ADNOC) is now aggressively pursuing market Continue Reading
Iraqi police stand near a poster of Iranian commander Qasem Soleimani, who was killed in a U.S. strike nearly a year ago. Tensions between Iran and the United States have Continue Reading
Saudi Arabia is looking to plug budget gaps by having its state-run oil giant, Saudi Aramco, sell some stakes in its subsidiaries, according to anonymous Bloomberg sources. The Kingdom’s oil Continue Reading
When Alwyn Whitcher took a job with Saudi Aramco in 2017, he believed he was joining a company with a history of valuing the expatriate engineers who helped build and Continue Reading
Bonga Floating Production Storage and Offloading vessel, Nigeria. Shell Nigeria says it has not received a formal report on the matter. A damning investigative report by a Dutch television station Continue Reading
The Mexican government is mulling over additional tax relief measures for state energy giant Pemex to help it reduce the biggest debt load in the global oil industry, a deputy Continue Reading
Toyota’s next generation fuel cell electric technology is now powering a new set of Class 8 heavy-duty trucks. Using the same fuel cell system as the all-new 2021 Mirai sedan Continue Reading
Iraq has picked a Chinese state-owned oil producer and trader to pay it upfront for oil, providing much-needed cash to the Iraqi government which has been struggling to make ends Continue Reading
China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by 2060, Continue Reading
Tone down the falling lumber, avalanches of boulders and slow-motion suspension sag as a super-sized truck bed swallows all that dreck. Cowboy cosplay never gets old and certainly sells some trucks, but Continue Reading
Xi Jinping, long distrustful of the private sector, is moving assertively to bring it to heel. China’s most powerful leader in a generation wants even greater state control in the world’s Continue Reading
Just a decade ago West Texas was the very image of a thriving industry. Bobbing pumpjacks dotted the landscape as boomtowns like Midland exploded in a flurry of economic activity Continue Reading
The shale revolution may have made the United States and the world’s largest natural gas producer, but it has failed to make the biggest U.S. shale gas drillers any richer. Continue Reading
Cash prices in the US Northeast fell in Dec. 10 trading as weather forecasts called for more mild temperatures over the next two weeks, extending an already bearish trend for Continue Reading
The pandemic-inflicted oil demand crash and price collapse did not spare any segment of the oil industry. U.S. drillers and refiners cut oil and fuel production after demand plunged, while Continue Reading
Over the last 135 years, Exxon Mobil has survived hostile governments, ill-fated investments and the catastrophic Exxon Valdez oil spill. Through it all, the oil company made bundles of money. Continue Reading
In a net-zero future, there would be almost no power plants with uncontrolled emissions. But at the start of this year’s presidential campaign, way back in the spring of 2019, Continue Reading
Applications for U.S. unemployment benefits surged last week, topping estimates with the highest level since September, suggesting that widening business shutdowns to curb the pandemic are spurring fresh job losses. Initial Continue Reading
U.S. taxpayers netted less than $50,000 on Thursday in bids for oil and gas leases in California as the Trump administration held the first federal drilling auction since 2012 in Continue Reading
Joe Biden just picked one of his most important — if unheralded — Cabinet members when it comes to enacting his agenda on climate change. Tom Vilsack, who ran the Continue Reading
British Prime Minister Boris Johnson said on Thursday there was “a strong possibility” Britain and the EU would fail to strike a new trade deal, but vowed to do whatever Continue Reading
With a chaotic and costly no-deal Brexit three weeks away, leaders of both the European Union and United Kingdom saw an ever likelier collapse of trade talks Thursday, and British Continue Reading
The U.K.’s border with Ireland has been a major sticking point since Britain started negotiating its exit from the European Union. WSJ’s Jason Douglas traveled to the country’s only land Continue Reading
With just 23 days until Britain’s exit from the European Union truly begins, the country got a taste of the havoc that trade disruption could bring. Honda shut down production Continue Reading
A nuclear reactor was shut down after a severe abnormal event at the Olkiluoto nuclear power plant with elevated radiation levels inside the unit, but no radioactive release in the Continue Reading
Germany will have to shut down more parts of society before Christmas to try and get the coronavirus pandemic under control, ministers said on Friday, as Europe’s largest economy reported Continue Reading
U.K. Prime Minister Boris Johnson warned business and the public to prepare to leave the European Union’s single market without a trade deal as negotiations with the bloc falter. Speaking a Continue Reading
European Union leaders reached a hard-fought deal Friday to cut the bloc’s net greenhouse gas emissions by at least 55% by the end of the decade compared with 1990 levels, Continue Reading
European Union leaders early Friday gave the green light for the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece Continue Reading
The staff at Moscow’s Polyclinic No. 5, syringes at the ready, waited for the expected flood of people as the first phase of mass coronavirus vaccinations rolled out this week. Continue Reading
Crude oil futures rose during midmorning Asia trading Dec. 10 as COVID-19 vaccine momentum kept the market afloat amid a host of bearish developments, including a data release from the Continue Reading
Oil rose toward $46 a barrel after shrugging off a massive increase in U.S. crude stockpiles on optimism that vaccine rollouts will lead to a swift improvement in global energy Continue Reading
Oil was little changed in the face of the second-largest U.S. crude build on record as the market held onto hopes of an upcoming vaccine rollout lifting demand from its Continue Reading
Oil prices settled little changed on Wednesday as investors weighed an unexpected jump in U.S. crude stockpiles against optimism that a fast rollout of a coronavirus vaccine would fuel a Continue Reading
During the first nine months of 2020, car sales cratered, with every major automaker seeing a steep drop in sales as the pandemic raged across the globe. That is, of Continue Reading
Natural gas and propane are emerging as the leading choices for fuel sources to power vessels for shipping companies moving to slash carbon emissions in their operations. More than a Continue Reading
It was only to be expected that many of the world’s refiners would be pinched between low demand for finished products and rising inventories as the pandemic lockdowns continue to Continue Reading
The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19 pandemic and the accelerating Continue Reading
Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIAʼs International Energy Statistics and updated to August 2020. Continue Reading
Despite sharp drop in greenhouse gas emissions during the pandemic, the world remains on pace for catastrophic warming in coming decades Students gather at John Marshall Park in Washington to Continue Reading
A child collects usable goods from the garbage in the Buriganga River in Dhaka, Bangladesh, December 2, 2020 It’s hard to remember, in the midst of a calamitous global pandemic, Continue Reading
Libyan crude and condensate exports are poised to jump to a 13-month high of 1.24 million b/d this month, according to S&P Global Platts estimates compiled using data from shipping Continue Reading
Two oil wells in Iraq’s northern Khabbaz field in Kirkuk province are on fire after they were targeted by explosive devices, an oil ministry official said Dec. 9, a week Continue Reading
The oil-producing subsidiary of Russian state gas giant Gazprom, Gazprom Neft, has announced that it plans to launch a fourth well at the Sarqala field in Iraq’s semi-autonomous region of Continue Reading
Two wells at the Khabbaz oil field in Kirkuk province were bombed early Wednesday, highlighting the persistent security risks to oil infrastructure in northern Iraq. As authorities battle to put Continue Reading
Less than a decade ago, Yongcheng Coal and Electricity Holding was one of China’s most celebrated energy companies. Blessed with ample reserves of high-grade coal at its mines in China’s central Continue Reading
The Bay of Fundy, a promising tidal energy resource. This story was originally published by HuffPost and is reproduced here as part of the Climate Desk collaboration. NEW YORK ― Continue Reading
Aquaterra Energy anticipates more offshore decom activity next year – and beyond. Following the general pace of much oil and gas industry activity this year, the offshore decommissioning sector has Continue Reading
The U.S. is once again swimming in gasoline as the pandemic worsens, underscoring the uphill battle facing the oil industry in the coming months before a vaccine can be widely Continue Reading
At first glance, big corporations appear to be protecting great swaths of U.S. forests in the fight against climate change. JPMorgan Chase & Co. has paid almost $1 million to Continue Reading
