A historic oil price collapse, with worries headed into 2021
This year was like no other for oil prices. Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year Continue Reading
Hydrogen: The Beginning Of A New Era In Energy
2020 was a year of radical shifts in energy markets. The first, but not the most important one, was the deliberate failure of the OPEC+ deal in March. This was Continue Reading
The Gospel of Hydrogen Power
In December, the California Fuel Cell Partnership tallied 8,890 electric cars and 48 electric buses running on hydrogen batteries, which are refillable in minutes at any of 42 stations there. Continue Reading
Bloomberg Green’s Biggest Climate Change Stories of 2020
2020 was a monumental year for just about every kind of news, and climate news was no exception. As the world reeled from the shocks of the coronavirus pandemic, racial tension, and economic Continue Reading
Saudi Aramco Discovers 4 New Oil And Gas Fields
Saudi Aramco has discovered four new oil and gas fields, the Kingdom’s Energy Minister Abdulaziz bin Salman said, as quoted by the Saudi Press Agency. Two of the fields are Continue Reading
Algerian energy minister urges OPEC+ caution as virus mutation clouds outlook: report
The OPEC+ alliance should remain cautious at its upcoming meeting Jan. 4 because a new strain of the coronavirus that causes COVID-19, B117, is likely to weigh on global oil Continue Reading
Russian To Aid Iran In Major Sanction-Skirting Energy Megaprojects
Alongside the continued development of its huge West Karoun oil fields , the completion of the supergiant South Pars non-associated gas offshore sector (including the implementation of Phase 11 operations Continue Reading
Mexico Restricts Fuel Imports Of Private Firms
Mexico issued during the weekend new rules that would limit fuel imports of private firms in a controversial move seen as boosting the dominant position of state oil firm Pemex. Continue Reading
Pushback on Xi’s Vision for China Spreads Beyond U.S.
In March 2019, Xi Jinping flew to Paris to meet French President Emmanuel Macron, German Chancellor Angela Merkel and the then-president of the European Commission, Jean-Claude Juncker. After toasting with Continue Reading
Trump administration bolsters order barring U.S. investment in Chinese firms
The Trump administration on Monday strengthened an executive order barring U.S. investors from buying securities of alleged Chinese military-controlled companies, following disagreement among U.S. agencies about how tough to make Continue Reading