Germany’s gas storage levels are lower than typical for the beginning of February in full winter season, and the main reason for this is reduced natural gas pipeline flows from Continue Reading
French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, and said it will change its name to reflect Continue Reading
Globally integrated energy supermajor ExxonMobil was severely mauled during 2020. The company reported a massive 2020 full-year loss of $22 billion, its worst performance in roughly 40 years, after being Continue Reading
A German environmentalist group said Feb. 9 the government should say whether its reported offer to the previous US administration to increase state support for LNG import infrastructure in return Continue Reading
Air Liquide and Siemens Energy have signed a Memorandum of Understanding with the objective to combine their expertise in PEM (Proton Exchange Membrane) electrolysis technology. They intend to focus their Continue Reading
Norway’s Equinor said on Wednesday it has agreed to sell its assets in the U.S. Bakken oil province after a decade plagued with billions of dollars of losses and criticism Continue Reading
Construction of a coal mine that threatened U.K. Prime Minister Boris Johnson’s claim to be a world leader in the fight against climate change is under review after growing opposition. The Continue Reading
The defining agreement to limit global warming might not have happened without a drab meeting room. It was in December 1997 that officials from the U.S., European Union and Japan Continue Reading
German Chancellor Angela Merkel and the country’s 16 state governors are to decide Wednesday whether to extend a lockdown beyond mid-February, as overall infection numbers are declining but concern is Continue Reading
Crude oil futures strengthened during mid-morning trade in Asia Feb. 9, as expectations of a return to pre-coronavirus consumption patterns amid the abating crisis and hopes of an upcoming US Continue Reading
