Saudi Arabia is working to replace the use of petroleum liquids for power generation with solar energy and gas-fired capacity, Argaam reported on Monday, citing Saudi Arabia’s Energy Minister, Prince Continue Reading
The Petroleum Facilities Guard has shut down the Hariga oil port in eastern Libya after the National Oil Corporation delayed the payment of salaries for its members, the Libya Observer Continue Reading
Kuwait on Jan. 25 unveiled a budget for its coming fiscal year with a breakeven crude price of $90/b and significant deficit spending, with higher expenditures eating up a significant Continue Reading
Production from Libya’s Waha oil fields has “gradually resumed” after repairs were completed on a key pipeline, state-owned National Oil Corporation said Jan. 25. Not registered? Around 200,000 b/d of Continue Reading
The Iranian and Panamanian-flagged vessels seized by Indonesian authorities for suspected illegal oil transfers are making their way to dock at Batam island in the country’s Riau Islands Province for Continue Reading
When earlier this month Saudi Arabia served “a wonderful surprise” to oil markets in the words of its energy minister, oil prices jumped up. After all, the Kingdom said it Continue Reading
In the four months since China’s President Xi Jinping pledged that the country would be carbon neutral by 2060, its climate researchers have been busy making road maps. A long-awaited carbon market is finally about to kick Continue Reading
Proterra, a leading innovator in commercial vehicle electrification technology, and Komatsu, a global leader in construction equipment, are partnering to leverage Proterra’s battery technology for the development of Komatsu’s first Continue Reading
Delays in Covid-19 vaccine deliveries and uncertainties about the prospects of yet-to-be-approved shots mean Europe is unlikely to have inoculated a substantial portion of its population by the summer, raising Continue Reading
US shale producers, suddenly enjoying a rare period of profitability thanks to rising oil prices, are starting to worry that “bad actors” in the sector will spoil the rally with Continue Reading
