Just a few months ago, the U.S. government wasn’t participating in a global treaty to reduce harmful gas emissions, and legal challenges were threatening to kill a carbon tax imposed Continue Reading
The next few years of oil and gas production growth in the U.S. will hinge on this, according to GlobalData. The next few years of oil and gas production growth Continue Reading
France announced an acceleration of its much-criticized Covid-19 vaccination campaign on Sunday, increasing the gap between the two doses of the mRNA jabs to speed up basic protection, making the Continue Reading
A record-breaking commercial-scale hydrogen plane has taken off in the UK, with more set to join it soon. How far can such planes go in cutting the aviation industry’s emissions? Continue Reading
The International Thermonuclear Experimental Reactor (ITER) is the largest nuclear fusion experiment in the world. The megaproject is a collaborative effort funded and run by seven members: the European Union, Continue Reading
Remember when plug-in hybrid cars were the go-to technology for the climate-conscious driver? Turns out, they’re not good for the environment, according to some experts, and they could be phased Continue Reading
Oil posted its worst week in three amid concerns that rising global coronavirus cases are slowing the economic recovery. West Texas Intermediate futures ended the week down 3.5%, the biggest Continue Reading
Oil prices edged lower in rangebound trade on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic’s impact on fuel demand. Brent Continue Reading
A multibillion-dollar project to tap virgin oil fields in east Africa is expected to get the green light this weekend, highlighting an uncomfortable truth about the energy industry. Even as Total SE, Continue Reading
The EIA publishes reserve data for the USA, usually in December of the following year – so that the figures presented here are for 2019. Only proved category reserves are Continue Reading
Crude oil production from OPEC and its allies rose by 450,000 b/d in March, the latest S&P Global Platts survey found, as Russia and Iraq pumped well above their agreed Continue Reading
Investors led by EIG Global Energy Partners LLC agreed to acquire a roughly $12.4 billion stake in a Saudi Aramco oil-pipeline rights company. The group will acquire a 49% equity stake in Aramco Oil Continue Reading
The US, Iran and remaining signatories of the nuclear deal will resume talks April 14 in Vienna, Iranian officials said, as the parties seek to negotiate a pathway for the Continue Reading
Crude oil production from OPEC and its allies rose by 450,000 b/d in March, the latest S&P Global Platts survey found, as Russia and Iraq pumped well above their agreed Continue Reading
Iranian crude could return to global markets sooner rather than later as this week’s start of negotiations between Tehran and the five world powers that, together with the U.S. signed Continue Reading
Nigeria’s refined petroleum products, especially the Premium Motor Spirit (PMS), otherwise called petrol, is the ‘smuggle gold’ feeding Cameroon, Benin, Togo, Chad and Niger Republic, which all share border with Continue Reading
India reported a record 145,384 new COVID-19 cases on Saturday and the highest number of deaths in more than five months, as it grapples with an overwhelming second-wave of infections Continue Reading
Matias Kulfas Argentina’s government is pushing for long-term oil price controls as the South American nation runs out of time to unearth a shale trove in Patagonia. The idea of Continue Reading
Cheniere Energy expects LNG demand to increase until 2040, though it may decline beyond that due to continued global action to reduce greenhouse gas emissions, presenting risks for existing US Continue Reading
US refinery runs are expected to reach 15.18 million b/d for the week ended April 9, S&P Platts Analytics data showed, as refineries continue to come back online in the Continue Reading
Economists are once again ratcheting up their U.S. growth forecasts as a fresh injection of government aid, rising vaccination rates and looser business restrictions combine to provide a bigger tailwind Continue Reading
The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named storms sweeping out of the basin. In the first of four seasonal Continue Reading
A few weeks ago, doctors in Michigan hospitals began noticing their intensive care units were filling up again with coronavirus patients — something they had hoped the state’s high level Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 this week, bringing the total rig count to 432. Last Continue Reading
Springtime in the Last Frontier doesn’t always mean April showers. Blizzard conditions, wind chills of minus-70, and temperatures more than 40 degrees below zero are gripping the nation’s 49th state, Continue Reading
The Dakota Access Pipeline will not be ordered to shut down while pending review, government lawyers told U.S. District Judge Brian Boasberg on Friday, much to the ire of environmentalists Continue Reading
Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from Continue Reading
Researchers with the Long Term Ecological Research site at the University of Colorado’s Mountain Research Station on the Niwot Ridge of Colorado’s Indian Peaks work on the 2019 snow survey Continue Reading
Dozens of troop carriers and missile launchers sit on flatbed wagons lining up along tracks running through southern Russia, in a region bordering Ukraine. A still image from video shows Continue Reading
Hospitals in Turkey and Poland are filling up. Pakistan is restricting domestic travel. The U.S. government will send more help to the state with the country’s worst infection increase. The Continue Reading
Industrial production in Germany dropped for a second consecutive month in February, official data showed Friday, a showing that increases the likelihood of Europe’s biggest economy having contracted in the Continue Reading
The recent deployment of Russian troops along Ukraine’s border and Moscow’s indication that it could intervene in the event of a full-scale war in eastern Ukraine are dimming hopes for a Continue Reading
The pandemic could continue to impact global oil demand until 2024, while the decarbonization plans in major European economies could arise as a new threat to Russia’s oil industry, according Continue Reading
Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. The two parties Continue Reading
The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen, plying the river Seine in Paris. Commercial operations are set to commence in Continue Reading
Ukraine’s defence minister said on Saturday his country could be provoked by Russian aggravation of the situation in the conflict area of Ukraine’s eastern Donbass region. The minister, Andrii Taran, Continue Reading
Oil dipped, weighed by a stronger dollar and after Saudi Arabia said it was confident that OPEC+ was right in agreeing to raise output. West Texas Intermediate futures gave up Continue Reading
Oil closed lower, yet its underlying market structure firmed, as investors assessed the challenges to a global economic recovery. West Texas Intermediate crude futures slipped 0.3% on Thursday after a Continue Reading
A stronger global economy this year is set to accelerate oil demand growth to 5.5 million barrels per day (bpd), the U.S. Energy Information Administration (EIA) said in its Short-Term Continue Reading
Lately, the solar sector has been hogging the renewable energy limelight, and for good reason. Experts such as the International Energy Agency (IEA) have predicted that solar energy will lead Continue Reading
If you’re under the impression that climate change drove ancient civilizations to their demise, you probably haven’t heard the full story. The ancient Maya, for example, didn’t vanish when their Continue Reading
Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in Continue Reading
Saudi Arabia remains confident that an OPEC+ agreement to increase oil production over the next three months was the right move, said its energy minister. “It’s still a good decision,” Prince Continue Reading
Egypt won’t release the massive container ship that blocked the Suez Canal for nearly a week in March until its owners agree to pay as much as a billion dollars in Continue Reading
Iran released on Friday a South Korean ship and its captain detained since January after South Korea promised to try to secure the release of Iranian funds frozen in South Continue Reading
Daily rates for smaller oil tankers have started to recover after OPEC+ and Saudi Arabia announced they would gradually add around 2 million barrels per day (bpd) of crude production Continue Reading
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow through with their threat Continue Reading
Nigeria has an urgent insecurity problem . News from the country often emphasises insecurity related to Islamic insurgents in Northern Nigeria, organised armed banditry involving Fulani herdsmen , farmer-herder conflicts, Continue Reading
As India’s coronavirus caseload fell sharply in early 2021, I took a few cautious steps to reclaim bits of my pre-pandemic life. I had several outdoor lunches with friends not seen Continue Reading
Methane concentrations in the country likely originate from many sources including paddy fields, landfills, leaky natural gas pipelines and coal stockpiles. One of the countries most vulnerable to climate change Continue Reading
