President-elect Joe Biden’s choice of Jennifer Granholm to be his energy secretary is a sign the president-elect’s team will try to spur automakers to sell cars that need little to Continue Reading
Germany will set another temperature record this year, according to Wetter.net, marking the hottest period since such data collection begun in 1881 and a third year of extreme weather conditions. The Continue Reading
It was only November, but the chill already cut to the bone in the small village of Dimitrovo, which sits just 35 miles north of the Chinese border in a Continue Reading
The controversial Russia-led gas pipeline Nord Stream 2 is likely to start delivering first gas to Germany by the end of 2021, Russian energy experts tell news agency TASS , Continue Reading
The U.K. and European Union are heading for a final battle over fishing rights as trade talks reach a climax, with officials cautiously predicting a deal within days. The pound Continue Reading
With Russian President Vladimir Putin’s annual marathon news conference taking on a new look because of the coronavirus, Putin spent the first hour addressing how the country has handled the Continue Reading
Seven European energy majors and the US’ Occidental Petroleum have jointly developed and agreed on six principles as part of a “collaborative platform” to support the energy transition , according Continue Reading
Crude oil prices remained rangebound during midmorning trade in Asia Dec. 16 as the American Petroleum Institute’s report of a build in crude and product inventories tempered any bullishness from Continue Reading
Oil slipped from its highest level in almost 10 months after an industry report pointed to an increase in U.S. crude stockpiles, taking some of the steam out of a Continue Reading
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.973 million barrels for the week ending December 11. Analysts had predicted an inventory draw Continue Reading
Oil inched up as the market weighed the risks of toughening restrictions in New York and London ahead of a widely available vaccine. Futures closed at a fresh nine-month high Continue Reading
The president of OPEC reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across Continue Reading
The crude-oil glut left behind by the pandemic will clear by the end of next year, as markets face a gradual recovery marked by renewed strains on demand, the International Continue Reading
About a year ago, the world’s largest asset manager BlackRock Inc. (NYSE:BLK) declared its intention to increase its ESG (Environmental, Social and Governance) investments more than tenfold from $90 billion Continue Reading
Crude oil prices rose to the highest since early spring after the FDA yesterday gave the green light to the Pfizer-BioNTech Covid-19 vaccine, with government officials saying several hundred vaccination Continue Reading
Structural underinvestment in oil and gas will put upward pressure on oil prices, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC this week, commenting on commodity markets. All markets except Continue Reading
Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets over the past week despite Continue Reading
The crude-oil glut left behind by the pandemic will clear by the end of next year, as markets face a gradual recovery marked by renewed strains on demand, the International Continue Reading
Continued low demand for jet fuel will account for 80 percent of next year’s 3.1-million-bpd gap in oil demand compared to pre-pandemic levels, the International Energy Agency (IEA) said on Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei held his first public function on Wednesday since rumours surfaced of his deteriorating health, Iranian state media reported. Khamenei met organisers of events to Continue Reading
For more than half a century, conflict between Israel and the Arab nations that surround it has been a defining feature of the Middle East, producing periodic wars, lost opportunities for Continue Reading
Saudi Arabia King Salman bin Abdulaziz signed the 2021 state budget on Tuesday following a virtual cabinet meeting in Riyadh. Saudi Arabia plans to spend less next year to rein Continue Reading
On the high end, U.S.-based TankerTrackers.com, which uses satellite imagery to follow deliveries, estimated Iranian crude oil exports hit 1.2 million barrels a day over the fall, up from 481,000 Continue Reading
The Abu Dhabi National Oil Co (ADNOC) – the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across the region Continue Reading
Oil major Exxon Mobil Corp said on Monday it planned to reduce its greenhouse gas emissions over the next five years, an official said. Pete Trelenberg, the ExxonMobil Director of Continue Reading
India’s Prime Minister Narendra Modi officially launched on Tuesday the construction of a megapark that will produce 30 gigawatts (GW) of renewable energy and will be the world’s largest renewable Continue Reading
Prime Minister Narendra Modi’s coronavirus restrictions sent migrant workers fleeing. To get them home, the government offered special trains. But the trains would spread the virus across the country. SURAT, Continue Reading
The trials and tribulations for Ecuador’s deeply embattled petroleum industry continue. If crumbling infrastructure, refinery outages and pipeline ruptures were not enough, the Andean country’s state-controlled PetroEcuador finds itself embroiled Continue Reading
t’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay Continue Reading
There is a $205-billion opportunity in renewable energy for Southeast Asia from which China, Japan, and South Korea could benefit as the biggest energy lenders to smaller countries in the Continue Reading
The future of coal looks like an ice-cream truck parked half a kilometer down a mine shaft in China’s Shanxi province. The yellow-and-white vehicle is equipped with a 5G router Continue Reading
The number of Americans taking road trips this Christmas is poised for a slump of as much as 25%, with most staying home amid soaring coronavirus cases, according to GasBuddy Continue Reading
ExxonMobil on Monday said it would reduce its greenhouse gas emissions, bending to pressure from investors that have been calling on the oil giant to address the risks posed to Continue Reading
Public charging stations are most heavily concentrated in the city’s more affluent neighborhoods, creating a chicken/egg scenario for electric car adoption While electric vehicles are relatively uncommon in Chicago, city Continue Reading
Crude oil production in North Dakota, home to the Bakken shale, is not expected to recover to pre-pandemic levels until late into 2022 due to the demand loss and the Continue Reading
Natural gas prices in the US Northeast are up sharply this week as the region’s first major winter storm of the season approaches, bringing freezing temperatures and a corresponding spike Continue Reading
Improving the efficiency of solar cells can make a huge difference to the amount of energy produced from the same surface area and the same amount of sunshine, and another Continue Reading
President-elect Joseph R. Biden will nominate Jennifer M. Granholm, a former governor of Michigan and a longtime champion of renewable energy development, to be the next secretary of energy, according Continue Reading
President-elect Joseph R. Biden Jr. is expected to pick Gina McCarthy, the former administrator of the Environmental Protection Agency under President Barack Obama and the architect of some of his Continue Reading
The former Michigan governor is a strong advocate for electric vehicles. She’ll need an experienced deputy to handle nuclear weapons programs. Former Michigan governor Jennifer Granholm speaks during the final Continue Reading
US solar power capacity additions accounted for 43% of all incremental power generation capacity through Q3 2020 and appear set to record 19 GW of new solar capacity installations in Continue Reading
Solid Power, a developer of all solid-state batteries for electric vehicles, announced that its Louisville, Colo. facility is producing 20 Ah multi-layer all solid-state lithium metal batteries on the company’s Continue Reading
The struggling U.S. coal industry, decimated by falling demand for the fuel from the power generation sector, and hit hard by low prices during the coronavirus pandemic, saw two more Continue Reading
President-elect Joe Biden is being urged to to issue a raft of executive orders during his first 100 days to confront climate change and reinvigorate science across the federal government. Continue Reading
British scientists are trying to establish whether the rapid spread in southern England of a new variant of the virus that causes COVID-19 is linked to key mutations they have Continue Reading
Uncertainty continues over when work might resume to lay the Nord Stream 2 gas pipeline in Danish waters, with the project developer saying Dec. 15 it would provide an update Continue Reading
Bank of England officials hold their final scheduled policy decision of a tumultuous year still unsure whether the U.K. will get a Brexit trade deal, and knowing there’s little they Continue Reading
Investors propelled ESG funds to new heights in 2020, and federal agencies are watching. WSJ explains why regulators have ethical and sustainable investment funds under review. Photo Illustration: Alex Kuzoian Continue Reading
As vaccines are rolling out, the coronavirus is on the move as well, not merely spreading but also mutating , and possibly becoming more transmissible. There is no evidence that Continue Reading
Nearly 400 years ago, Parliament passed an obscure law in London, which triggered the start of an estimated $5.7 trillion industry , the estimate of value that Uber puts on Continue Reading
