Scientists around the world are racing to assess the dangers posed by a new variant of the coronavirus that has spread rapidly in Britain, as more countries shut their borders to Continue Reading
France agreed Tuesday to reopen its borders to travelers from Britain and get trade flowing again, but it may take days to clear out the thousands of cargo trucks snarled Continue Reading
ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield, the U.S. oil and gas company said on Tuesday. Preliminary estimates point to the Continue Reading
With the clock running down on negotiations over a Brexit trade deal, Dutch fruit and vegetable exporters fear that a failure to strike an agreement could lead to long customs Continue Reading
Germany’s coronavirus deaths rose by 986, the most since the start of the pandemic. The U.K. is examining whether to move more areas of England into lockdown to counter a Continue Reading
Nine months of talks between the U.K. and European Union over a post-Brexit trade accord are hanging in the balance, with officials trying to bring them to a conclusion as Continue Reading
Vehicles from England began arriving in Calais and train and air travel to France started to resume on Wednesday morning after Paris reopened its borders with the UK for people Continue Reading
Crude oil futures slid during the mid-morning trade in Asia Dec. 22, as concerns over a new strain of the coronavirus remained entrenched in the market. At 11:12 am Singapore Continue Reading
Oil fell toward $47 a barrel after dropping the most since early November on Monday as a faster-spreading strain of the coronavirus discovered in the U.K. raised the risk of Continue Reading
Crude futures settled lower Dec. 21 as the spread of a new COVID-19 strain in the UK prompted more lockdowns, pressuring demand outlooks. Not registered? Receive daily email alerts, subscriber Continue Reading
Crude cratered the most in six weeks as a new strain of the coronavirus in the U.K. is threatening additional lockdown measures across Europe and reducing global travel routes. Both Continue Reading
The oil market has rallied almost 40% in the last two months, pushing benchmarks to nine-month highs, in a euphoric response to progress on COVID-19 vaccines that has investors thinking Continue Reading
Just one week after the first doses of a coronavirus vaccine were administered in the United States, a new batch of vaccines fanned out across the country on Monday, an Continue Reading
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, Bloomberg has reported , citing the leaders of the group, Saudi Continue Reading
5 million b/d net refining swing from West to East over 2020-2021 Petrochemicals shift in Asia, bio-refining switch in Europe, US China to be dominant refining force in 2021 as Continue Reading
Nearly a year after the U.S. airstrike that killed a revered Iranian military leader, a senior American general said that Tehran is still considering retaliatory steps, raising the possibility of Continue Reading
Drilling operations of the first well of the game-changing but highly-controversial Phase 11 of Iran’s supergiant South Pars non-associated natural gas field officially began last week. Significant gas recovery from Continue Reading
Iran has stated its interest in attracting investments from Russian oil companies to help develop its oilfields, Russia’s TASS news agency said on Monday, quoting Iranian Oil Minister Bijan Zanganeh. Continue Reading
With budgets already stretched thin, Iraq’s budget is being taxed even more by its policy of flaring natural gas while paying high prices to import natural gas from Iran. The Continue Reading
In an age where there’s not much oil left to discover on land and the supermajors have gone out to sea where development takes decades and costs are often prohibitive, Continue Reading
The Nigerian National Petroleum Corporation (NNPC) has said that without the discovery of fresh hydrocarbons in some parts of the country, the current 37 billion barrels in reserves will dry Continue Reading
When Rwanda’s president said last August that he wanted all of the country’s motorbikes to be electric as soon as possible, Ampersand’s waiting list exploded. The country’s first electric motorbike Continue Reading
A string of crises has engulfed Peru, Latin America’s sixth-largest economy, since the start of 2020. If the marked impact of the COVID-19 pandemic on Peru were not enough, it Continue Reading
Back in September, Chinese president Xi Jinping garnered a huge amount of attention and no small number of headlines on the global stage when he announced that Beijing’s new five-year Continue Reading
China has lifted restrictions on foreign investments in all energy sectors, including fossil fuels, new energy sources, and electricity generation excluding nuclear power, the country’s State Council Information Office said Continue Reading
PetroChina discovered a natural gas field with reserves in excess of 100 billion cubic meters, Chinese states news agency Xinhua reported this weekend. The agency cited a company official who Continue Reading
Despite the swift industrial recovery from the pandemic, factories in areas in China are working only part-time, and residents in several provinces are asked to save electricity, while authorities are Continue Reading
Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the Continue Reading
Joe Biden made it clear on the campaign trail that he planned to take strong action to fight global warming. But his ambitious, $2 trillion climate plan will take time and resources. In the Continue Reading
240 percent: this is the increase in battery storage capacity added in the United States during the third quarter of this year, compared with the second quarter. 240 percent is Continue Reading
Megawatt-hours generated from solar facilities in the US rose 21.6% year on year in the third quarter, according to data filed with the Federal Energy Regulatory Commission and compiled by Continue Reading
As the US Northeast digs out from its first major winter storm, a bullish runup in first-quarter 2021 gas prices there is looking overdone now with weather forecasts and supply Continue Reading
Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the Continue Reading
In one of the biggest victories for U.S. climate action in a decade, Congress has moved to phase out a class of potent planet-warming chemicals and provide billions of dollars Continue Reading
Cushing, the home of the ‘black gold rush’ and the world’s largest onshore oil storage hub is once again reducing its oil stockpiles as an increase in demand looks set Continue Reading
The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap , the Department’s first comprehensive energy storage strategy. Announced in January 2020 by US Secretary of Energy Continue Reading
Ford is teaming up with insurance carriers across the US to help customers save money on premiums based on driver behavior, utilizing its built-in connectivity technology on eligible vehicles. In Continue Reading
The acquisitions are a bet by Midland, Texas-based Diamondback on the resilience of the shale sector. (Bloomberg) — Diamondback Energy Inc. rounded off a tumultuous year for the U.S. shale Continue Reading
More areas of England are likely to enter the highest level of tier 4 restrictions in the new year as the country braces for the spread of the new strain Continue Reading
A new variant of the coronavirus spreading rapidly in Britain carries mutations that could mean children are as susceptible to becoming infected with it as adults – unlike previous strains, Continue Reading
Trucks waiting to get out of Britain backed up for miles and people were left stranded at airports Monday as dozens of countries around the world slapped tough travel restrictions Continue Reading
Raoul Ruparel, a former Europe adviser to ex-prime minister Theresa May who remains well connected in Whitehall, suggested the EU and the UK could find a solution to one outstanding Continue Reading
Shell warned the market on Monday that it would book up to $4.5 billion more in post-tax charges in the fourth quarter, which would take the supermajor’s combined write-downs to Continue Reading
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non-core assets in Continue Reading
ScottishPower has set up a dedicated green hydrogen business with first projects launched next year to focus on high-temperature industrial processes, heavy transport and food and drink sectors, the Iberdrola-owned Continue Reading
The United Kingdom was stuck in COVID-19 isolation on Tuesday after much of the world cut off travel ties due to a highly infectious new coronavirus strain, snarling one of Continue Reading
The European Union is considering a fresh proposal on fishing rights from the U.K. as Prime Minister Boris Johnson aims to secure an 11th-hour trade deal. Both parties had signaled over Continue Reading
In recent days, the world has watched with curiosity and growing alarm as scientists in the U.K. have described a newly identified variant of the coronavirus that appears to be Continue Reading
The new, mutation-laden variant of the coronavirus that has been spreading rapidly in the United Kingdom may already be circulating in the United States and other countries, leading infectious-disease experts said Monday. There Continue Reading
Crude oil prices plummeted during the mid-morning trade in Asia Dec. 21, as concerns over a new highly infectious strain of the coronavirus raised fears of tightening lockdown and travel Continue Reading
