United Nations inspectors have found new evidence of undeclared nuclear activities in Iran, according to three diplomats briefed on the discovery, raising new questions about the scope of the country’s Continue Reading
A central question facing the White House is whether to trade U.S. actions for Iranian ones as a way of bringing both nations back within the fold of the 2015 Continue Reading
U.N. sponsored talks produced a new interim government for Libya on Friday aimed at resolving a decade of chaos, division and violence by holding national elections later this year. Libyan Continue Reading
Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief executive Ben van Beurden Continue Reading
The United Nations human rights office called on Indian authorities and protesting farmers to exercise “maximum restraint” hours before the growers impose a nationwide road blockade on Saturday seeking a Continue Reading
South Korea will invest some $43 billion in constructing what is to be the world’s largest offshore wind farm, Reuters reports , adding that the project should be completed by Continue Reading
Chinese state oil and gas company CNOOC will boost its capital spending this year to the highest in seven years, thanks to a 5-percent increase in domestic output. Reuters reports Continue Reading
Australia is planning another giant grid-scale battery as the global roll out of super-sized energy storage projects accelerates. The project in New South Wales-state, which will be three times larger than Continue Reading
The recovery in the U.S. labor market disappointed for a second month in January with only modest job growth, highlighting the persistently difficult prospects for millions of unemployed and bolstering Continue Reading
f President Joe Biden’s administration is going to replace the entire federal vehicle fleet with fully electric vehicles, as promised, it will need trucks and vans — lots of them. An analysis of Continue Reading
Johan Frijns will tell you that on his best days, he takes to the streets in the morning in jeans and a T-shirt to protest climate change, then in the afternoon Continue Reading
U.S. employers resumed hiring in January, but the weak pace of job gains suggested a long road remains for the recovery. The U.S. economy added 49,000 jobs last month. The small gain came Continue Reading
Kia Corp. 000270 3.47% has approached potential partners about a plan to assemble Apple Inc.’s AAPL -0.31% long-awaited electric car in Georgia, according to people familiar with the matter. The proposal would involve a multibillion-dollar investment, according to people familiar Continue Reading
US coal exports fell to a four-year low 62.66 million mt in 2020, down 25.6% from 84.23 million mt exported in 2019 and the second-lowest figure in the last 11 Continue Reading
Amazon.com Inc has ordered more than 1,000 truck engines that run on compressed natural gas as it tests ways to shift its U.S. fleet away from heavier polluting trucks, the Continue Reading
America’s employers barely added jobs last month, underscoring the viral pandemic’s ongoing grip on the economy and likely adding momentum to the Biden administration’s push for a bold rescue aid Continue Reading
“There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other Continue Reading
Highlights Sub-zero temperatures forecast in Midwest, Canada Winter Storm System to reach Midwest on Feb. 6 Cash prices for Feb. 6-8 flows of natural gas surged across the US on Continue Reading
Coal mines in Central Appalachia produced over a 37-year low 46.04 million st in 2020, down 36.7% from 72.7 million st produced in 2019 and the lowest on record, dating Continue Reading
Highlights Climate adviser eyes more innovation, faster deployment Storage must be built into system along with generation Must communicate ‘that we have solutions’ The energy storage industry must craft a Continue Reading
As AstraZeneca’s top managers held a virtual meeting on January 25, they were interrupted by breaking news. Germany’s Handelsblatt newspaper reported that the company’s Covid-19 vaccine — seen as one Continue Reading
Covid-19 vaccine developed by the University of Oxford and AstraZeneca PLC is effective against a variant of coronavirus that is spreading rapidly in the U.S. and around the world, according to Continue Reading
Crude oil futures continued on an upward trajectory during mid-morning trade in Asia Feb. 4, as the abatement of the pandemic situation and simmering hopes over a US stimulus package Continue Reading
Oil rose toward $60 a barrel on expectations OPEC+ is committed to restraining global supplies even as the demand outlook improves. Futures in London climbed for a sixth day as they Continue Reading
Oil jumped to the highest in more than a year, extending this week’s rally to above $56 a barrel, with investors confident that OPEC+ producers are committed to restraining global Continue Reading
The wreckage of 2020 still looms large in the boardrooms of Big Oil as executives this week laid out deep spending cuts and plans to repay stubbornly-high debt even as Continue Reading
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to Continue Reading
The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of Continue Reading
When will the pandemic end? It’s the question hanging over just about everything since Covid-19 took over the world last year. The answer can be measured in vaccinations. Bloomberg has built Continue Reading
THE COVID-19 VACCINES have arrived. Does this mean we’ll soon be free to roam the world, guilt- and hassle-free? The short answer is no. While an inoculation protects you from getting Continue Reading
While the world was locked down by coronavirus last year, Andrew “Twiggy” Forrest, chairman of Fortescue Metals Group, was on the move. The billionaire mining magnate and his entourage toured Continue Reading
Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following Continue Reading
Back in November, Ajeet Jain felt like he was living a nightmare. The large public hospital where he works in India’s capital was full of covid-19 patients, hundreds of them Continue Reading
President Biden outlined a sweeping vision of restored American global leadership on Thursday, announcing an end to U.S. support for Saudi Arabia’s military campaign in Yemen and vowing to confront Continue Reading
India’s peak oil demand will come much later than what the rest of the world might anticipate, creating enough room to pursue refinery expansions and secure crude supplies through diversification Continue Reading
China is expected to install a record amount of solar power this year, as the industry continues to benefit from green policies in the country home to the world’s largest Continue Reading
Drugmaker AstraZeneca PLC said on Friday it had applied for approval in Japan of its COVID-19 vaccine, making it the second pharmaceutical firm to do so after Pfizer Inc. The Continue Reading
For most of her young life, nine-year-old Gao Ximan dreamed of becoming a policewoman. But after attending an eight-week online workshop about climate change this summer, she decided being a Continue Reading
For most of her young life, nine-year-old Gao Ximan dreamed of becoming a policewoman. But after attending an eight-week online workshop about climate change this summer, she decided being a Continue Reading
The Chinese Communist Party reached deep into private business and the broader population to drive a recovery, an authoritarian approach that has emboldened its top leader, Xi Jinping. The order Continue Reading
China National Offshore Oil Corporation Ltd., or CNOOC, targeted to produce 545 million-555 million barrels of oil equivalent, or 1.49 million-1.52 million boe/d, of oil and gas in 2021, up Continue Reading
The new Senate Committee on Energy and Natural Resources met Wednesday for its first hearing with Democratic Senator Joe Manchin of West Virginia at the helm. The stated purpose of Continue Reading
Applications for U.S. state unemployment benefits fell last week to the lowest level since the end of November, a sign that job cuts are starting to slow as Covid-19 infections Continue Reading
The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral Continue Reading
It feels like 2004 again. John F. Kerry has quickly become a punching bag for Republicans who object to President Biden’s agenda for addressing climate change. GOP lawmakers say the Continue Reading
The weather doesn’t always follow traders’ hopes and expectations. However, it sometimes exceeds them. December and January saw a surge in natural gas prices in Asia as a cold spell Continue Reading
The US oil and gas rig count jumped 14 in the week ending Feb. 3 to 456, rig data provider Enverus said, as oil market fundamentals continued to improve beyond Continue Reading
Denver — A string of massive weekly US natural gas storage withdrawals, starting with the 192 Bcf pull reported Feb. 4, have the potential to unravel recent forecasts, and prompt Continue Reading
Weekly US production was estimated to be over 11.1 million st in the week ended Jan. 30, down 3.5% from the previous week and down 10.8% from the year-ago week, Continue Reading
New upstream projects under development on federal lands in northern Alaska will not be immediately affected by the Biden administration’s executive order pausing oil and gas approvals, but expansions of Continue Reading
