Turkish Defence Minister Hulusi Akar warned on Sunday that the forces of Khalifa Haftar and their supporters based in eastern Libya would be viewed as “legitimate targets” if they attempted Continue Reading
At the center of a terrifying coronavirus surge, 242 patients lay in row after row of beds under the soaring metal beams of a decommissioned Volkswagen factory. Workers at the Continue Reading
The U.S. government this week extended the term of a protection measure against Citgo creditors until July next year, Reuters has reported , noting the measure effectively bars creditors from Continue Reading
(1) Pre-Covid .. Fig 1: Oil production and peak years Production peaked 2015 due to Venezuela’s production collapse. Brazil’s production has not yet peaked but is unlikely to offset Venezuela’s Continue Reading
Toyota Motor Corporation announced a limited launch of the C+pod ultra-compact battery electric vehicle (BEV) to corporate users, local governments and other organizations that have been exploring new options to Continue Reading
China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from Continue Reading
In recent months China has earned itself a prime spot in lots of energy headlines thanks to President Xi Jinping’s ambitious carbon curbing and clean energy goals. China is currently Continue Reading
China imported 6.61 million mt of LNG in November, up 31.6% month on month and 1.6% higher year on year on rising domestic demand despite higher prices, according to data Continue Reading
China’s imports of Oman crude oil surged 63.7% in November to a record high of 5.1 million mt, or 1.25 million b/d, from October, making the producer the third-biggest crude Continue Reading
Energy independence is an important precondition for any country which allows for relatively unbound foreign and economic policies. China’s growing reliance on imports concerning fossil fuels is a major headache Continue Reading
For the past six months, Virendrasinh Bhosale, a seafarer from India, has been trapped on a hunk of metal floating off China’s eastern coast. He is desperate to see his Continue Reading
China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from Continue Reading
Auto makers are starting to sell cars with automated steering and speed control to ease what they say is the tedium of driving, and might even allow drivers to go Continue Reading
Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. But persistent oil crises, severe oil price Continue Reading
The highly transmissible variant of the coronavirus first detected in England had by Saturday been documented in several European countries, as well as Canada, Japan, Australia and Lebanon, despite efforts to curb its Continue Reading
The pandemic has triggered the largest revision to the value of the oil industry’s assets in at least a decade, as companies sour on costly projects amid the prospect of Continue Reading
Almost a decade ago, Clint Hacker traded the Arizona sunshine for the subzero temperatures of the North Dakota winter, migrating north along with thousands of others to join in a Continue Reading
When Jim Wright won a seat on Texas’ energy regulator against climate activist challenger Chrysta Castaneda, the anti-fossil fuel movement’s collective hearts sank. The planet will be ruined! But the Continue Reading
A tax credit of $8,000 for buyers of fuel cell cars in the United States is set to expire at the end of the year in what would be a Continue Reading
Clean Energy Fuels Corp. and its largest shareholder, Total S.E., will create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as Continue Reading
President Trump on Sunday abruptly signed a measure providing $900 billion in pandemic aid and funding the government through September, ending last-minute turmoil he himself had created over legislation that Continue Reading
Cases of the more contagious variant of Covid-19 first identified in the UK have been confirmed in several European countries as well as Canada and Japan. Infections linked to people Continue Reading
Britain long played a special role within the European Union, as a nuclear power and permanent United Nations Security Council member that had Washington’s ear. It was also a budget Continue Reading
Discoveries and Development The global peak in oil and gas production for UK occurred in 1999 and 2000, probably delayed by four or five years by the Piper Alpha tragedy, Continue Reading
The number of passengers flying with Russian airlines in November fell 47.9% year-on-year to 4.67 million, the aviation authority said on Monday. Rosaviatsia added that passenger traffic had fallen 46.2% Continue Reading
Oil declined for the first week since October as a new coronavirus mutation spreads through parts of the world and poses risks to energy demand in the wake of stricter Continue Reading
Saudi Arabia’s exports fell by nearly a quarter in October from a year earlier, driven largely by a slump in global oil prices. Exports fell to 57.8 billion riyals ($15.4 billion) Continue Reading
Coronavirus mutations identified in the United Kingdom and South Africa may be provoking alarm, but infectious-disease experts are optimistic the new variants are still vulnerable to the powerful hammer of newly authorized vaccines. Even Continue Reading
South Africa’s program to narrow a shortage of as much as 3,000 megawatts of electricity generation has drawn interest from solar, gas and powership developers. Richards Bay Gas Power 2, Scatec Continue Reading
While much of the world is seeing energy demand take a dive thanks to the economic and industrial slowdown spurred by the novel coronavirus pandemic, India has been making great Continue Reading
The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas in India’s energy basket. India set to strengthen natural Continue Reading
U.S. Talos Energy and Mexico’s state-controlled oil firm Pemex have another three months to discuss and possibly reach an agreement over how to manage and operate a massive oil find Continue Reading
Colombia’s oil sector in 2021 is expected to see a continuance of Covid-19’s dampening effects that beset it in 2020, according to industry leaders and analysts. Receive daily email alerts, Continue Reading
Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without reservations are up to 13 days, the Panama Canal Authority has reported. Receive daily Continue Reading
Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power Continue Reading
Texas is not the first state that one thinks of when someone mentions renewable energy. That would most probably be California. Yet Texas is already the biggest producer of electricity Continue Reading
US operators captured a record percentage of associated gas in oil-rich US plays in 2020 as new infrastructure combined with lowered output, while natural gas achieved the strongest gas-to-oil price Continue Reading
A team of British scientists released a worrying study on Wednesday of the new coronavirus variant sweeping the United Kingdom. They warned that the variant is so contagious that new control measures, Continue Reading
General Motors Co. Chief Executive Officer Mary Barra plans to provide a peek of upcoming electric vehicles at CES next month and bolster the automaker’s credentials as a rising power Continue Reading
(Reuters) – Herd immunity against the novel coronavirus could require vaccination rates approaching as high as 90%, Dr. Anthony Fauci, the most prominent U.S. infectious disease expert, said in an Continue Reading
Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant Continue Reading
The last-minute trade deal between the U.K. and the European Union means businesses will be spared new tariffs and border disruption at the start of the new year – an Continue Reading
Britain and the EU have sealed a Christmas trade agreement, a new economic and security accord that both sides hope will allow them to rebuild their relationship after years of Continue Reading
Washington is preparing more sanctions against the Gazprom-led Nord Stream-2 natural gas pipeline project, Reuters reported , citing sources from the Trump administration. “We’ve been getting body blow on body Continue Reading
Crude oil futures edged higher during mid-morning trade in Asia Dec. 24 on positive crude stocks data from the US Energy Information Administration and shrugging off uncertainty over the passing Continue Reading
Oil was poised for its first weekly loss since October as the discovery of a potentially faster-spreading variant of Covid-19 in the U.K. raised the risk of more demand-sapping lockdowns. Brent Continue Reading
Petroleum futures settled higher Dec. 23 on US dollar weakness following news of a possible post-Brexit deal, and on inventory draws reported by the US Energy Information Administration. Not registered? Continue Reading
Crude oil prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the week to December 18. This compared with a draw of Continue Reading
The Islamic Revolution Guards Corps (IRGC) of Iran unveiled this week the second oceangoing oil tanker it has helped to build, to show that the Islamic Republic has managed to Continue Reading
Despite ongoing OPEC-plus efforts to limit global supply, Iraq increased oil output as the government desperately seeks revenue to narrow record deficits. South Oil Company workers look toward the flares Continue Reading
