Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe fuelled worries Continue Reading
Oil fell toward $47 a barrel — after posting a seventh weekly gain — on concern a mutation of Covid-19 discovered in the U.K. could speed transmission of the virus Continue Reading
Methane emissions, especially those from the oil and gas industry, are becoming the new focus of attention for regulators and environmentalists. Tracking and measuring carbon dioxide emissions is now standard Continue Reading
Big money is turning its back on companies that aren’t conforming to one simple idea… Sustainability. And it’s fueling one of the biggest transfers of capital the world has ever Continue Reading
Climate change is opening up new habitats to old pests, transforming them from a mere nuisance into a growing menace and placing unprecedented threats on the global food supply. Here are six bugs Continue Reading
The OPEC+ group may prolong its current strategy to manage oil markets until the end of 2022 in order to keep speculators “on their toes”, Saudi energy minister Prince Abdulaziz Continue Reading
OPEC+ will react faster to changes and take a more hands-on approach with the oil market, thanks to its accelerated schedule of monthly meetings, according to Russia and Saudi Arabia, Continue Reading
In the last decade, the humble Strait of Hormuz has seen a fifth of the world’s oil supply, a third of all liquefied natural gas (LNG), and a third of Continue Reading
Algeria’s oil and gas production in 2020 will total 143 million tons of oil equivalent, a decline of 8% from 2019, due the pandemic and slow economic growth, energy minister Continue Reading
Iraq devalued its currency by almost 20% against the dollar, the most on record, as the cash-strapped government faces an economic crisis brought about by low crude prices and oil-production Continue Reading
