The Guyana-Suriname Basin Could Be The Last Big Oil Boom
The tiny South American countries of Guyana and Suriname are the focus of Latin America’s latest oil boom. A slew of oil discoveries by ExxonMobil since 2015 in its offshore Continue Reading
China Starts Emissions Trading As It Aims For Net Zero By 2060
China, the world’s largest polluter, launched on Monday an emissions trading scheme as part of its efforts to become a carbon-neutral economy by 2060. The Chinese authorities introduced as of Continue Reading
First Came the Lockdown. Then Came the Wildfire.
Just days after residents of Perth, Australia’s fourth-largest city, were ordered to stay in because of the coronavirus, some were forced to flee their homes on Tuesday as a ferocious Continue Reading
Limited refining expansion, high prices cloud China’s 2021 crude import outlook
China will witness positive growth in crude oil imports in 2021, albeit at a slower pace compared with 2020, as a sharp rebound in global oil prices and limited capacity Continue Reading
With CNOOC on board, China’s Big Oil gears up for long-term carbon fight
China’s state-run China National Offshore Oil Corp., or CNOOC, began planning its roadmap for reaching its carbon emissions peak and to achieve carbon neutrality in a high-level meeting in end-January, Continue Reading
Place, prices, alternatives playing roles in coal-fired generation retirements
Despite the retirement of 131.8 GW of coal-fired generation capacity since 2010, about 225.3 GW of such capacity remains operating today, led by Texas, Indiana and West Virginia, and replacing Continue Reading
China was top importer of US LNG cargoes in January amid Platts JKM run-up
China was the top destination for US LNG in January for the second month in a row, amid a historic run-up in Asian spot prices and despite ongoing constraints at Continue Reading
Biden puts Trump’s climate policies under a microscope — and career officials lend a hand – The Washington Post
It’s one of the last hurrahs in the battle between the Trump administration and career scientists. More than a dozen high-level managers at one of the nation’s top science agencies Continue Reading
Fed officials say U.S. economy still in depths of recession, more relief needed
The U.S. economy is still deep in a recession and more fiscal relief will be needed to reach a full recovery and help some of the unemployed find jobs, two Continue Reading
Exxon-Chevron Tie-Up Not as Crazy as It Sounds
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