More than half of humanity is crowded together in cities. That’s about 4 billion people living on top of one another, working, commuting, polluting, and figuring out how to survive. Continue Reading
A 5.9 magnitude earthquake in southern Iran partially has damaged a critical oil facility and disrupted production, state television reported April 18. Not registered? Receive daily email alerts, subscriber notes Continue Reading
Iran on Friday has announced its latest nuclear fait accompli , saying that it’s obtained for the first time ever 60% enriched uranium overnight . This marks the highest level Continue Reading
In the winter of 2015, Chennai suffered its worst inundation in a century, severely disrupting flights, train and bus services and forcing the postponment of half-yearly school exams. Source: Strdel/AFP/Getty Continue Reading
India’s currency has swung from emerging market leader to laggard as the country battles a ferocious wave of coronavirus infections, prompting concerns among global investors that a nascent economic recovery Continue Reading
The COVID-19 pandemic has hit Colombia and its economy, including the vital energy sector, particularly hard. After implementing one of the world’s longest pandemic lockdowns during 2020, which took the Continue Reading
China sought to allay fears it wants to topple the dollar as the world’s main reserve currency as Beijing makes bigger strides in creating its own digital yuan. People’s Bank of Continue Reading
The United States and China, the world’s two biggest carbon polluters, agreed to cooperate to curb climate change with urgency, just days before President Joe Biden hosts a virtual summit Continue Reading
The US and China have committed to work together to combat climate change despite rising tensions between the two powers, boosting chances of global deal on emissions at a UN Continue Reading
A pair of seasoned investors see Texas’ largest city as the prime place to foster the development of innovations to accelerate the transition away from oil and gas, and Rigzone’s Continue Reading
Highlights Stocks likely to remain high until June: Platts Analytics Traders holding plentiful volumes in storage tanks Upcoming maintenance will slow clearance of stocks Singapore — The appetite for near-term Continue Reading
Toyota Motor Corporation announced Toyota bZ, its newly established series of battery-electric vehicles (BEVs), in establishment of a full line-up of electrified vehicles. At Auto Shanghai, Toyota unveiled a concept Continue Reading
Carter Collum used to spend mornings shoulder to shoulder with competitors in the record rooms of East Texas courthouses, hunting for the owners of underground natural-gas deposits. At night, he Continue Reading
The oil and gas sector is currently enjoying a mini-boom cycle as economies gradually re-open and oil demand begins to return to a semblance of normalcy. The oil markets are Continue Reading
A group of U.S. electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to Continue Reading
When President Joe Biden convenes a virtual climate summit on Thursday, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions Continue Reading
Of the many fronts the Biden administration is diverging from its predecessor, the most striking — and likely most consequential — is on climate. For four years under former president Continue Reading
Brittany Liscord was at her job at the Children’s Museum & Theatre of Maine in 2018 when, out of nowhere, she received a warning from a colleague. It was about Continue Reading
BP has been one of the companies most responsible for the burning of unwanted natural gas in the busiest U.S. oil field. Now it is trying to clean up its act. Continue Reading
The U.K. economy is building momentum, with real-time indicators suggesting consumers have started to splurge some of the cash they’ve saved now that the government has loosened lockdown rules. Restaurant bookings Continue Reading
In 2020, Fitch Solutions analysts recorded 37 manufacturing projects for EV batteries and related components and materials worth $21.04 billion, for those projects disclosing financial details. The projects range from Continue Reading
Private companies’ share of UK oil and gas production reached nearly a third last year — up from just 8 per cent a decade ago as a new breed of Continue Reading
The European Commission is split over whether to postpone a decision on classifying gas generated from fossil fuels as green energy under its landmark classification system for investors. Brussels had Continue Reading
Oil posted the biggest weekly gain since early March as signs emerged of a recovery from the pandemic gaining traction in the U.S. and China. Futures in New York advanced Continue Reading
Oil demand is finally bouncing back despite the fact that Covid cases are rising and additional travel restrictions have been put in place. For more great energy content, make sure Continue Reading
Despite a bullish stance on the short-term future of oil demand, Goldman Sachs has a grimmer prediction for the longer-term future of the commodity: in a Bloomberg report, the investment Continue Reading
Wood Mackenzie has highlighted that under its Accelerated Energy Transition Scenario (AET-2), oil demand will drop significantly, and with it, oil prices. Wood Mackenzie has highlighted that under its Accelerated Continue Reading
It’s a sunny, breezy morning in Eugene, Ore., a place best known for access to the great outdoors, a history of environmental activism and being the birthplace of Nike. I’m standing outside Continue Reading
From satellites to drones to cameras, here’s the gear helping scientists , activists, and regulators crack down on harmful methane leaks around the world. In the fight against global warming, Continue Reading
Militants using explosives attacked two oil wells northwest of Kirkuk in northern Iraq on Saturday but no significant damage resulted and production was not affected, the Iraqi oil ministry said. Continue Reading
Iran’s state television on Saturday identified a man it said was behind a recent explosion at its main Natanz nuclear plant. “Reza Karimi, the perpetrator of this sabotage…, has been Continue Reading
Iran said Friday it had enriched uranium at 60% purity for the first time, a move that comes in response to an attack on its main nuclear facility, and which Continue Reading
The world’s largest oil company and biggest oil exporter, Saudi Aramco, has resumed tendering and development work on major offshore oil expansion projects that would give Saudi Arabia another 1.15 Continue Reading
As many as 100 oil and gas projects are set to start in Nigeria by 2025, accounting for 23 percent of all projects starts in the industry in Africa within Continue Reading
Few years ago, any economic pundit that thought of the possibility of a privately-owned petroleum refinery that would have the capacity to meet the needs of Nigeria’s downstream sector, and Continue Reading
The International Monetary Fund won’t hand over $5 billion of special drawing rights to Venezuela to bolster its reserves as part of a massive injection of resources to member nations, Continue Reading
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s Continue Reading
Repairs at Mexico’s Minatitlan 285,000 b/d plant after an April 7 could keep the plant offline for 90 days, Pemex said in a statement. Receive daily email alerts, subscriber notes Continue Reading
Shell plans to carry out a drilling campaign offshore Brazil in the second half of 2021, Shell Brasil President Andre Araujo said April 16. Receive daily email alerts, subscriber notes Continue Reading
EQT Corp. is calling for stricter caps on methane leaks from natural gas wells after the Trump administration relaxed the rules in a bid to boost the domestic energy industry. Continue Reading
A new kind of power plant that doesn’t add greenhouse gases to the atmosphere is being built in the U.S., potentially providing a way for utilities to keep burning natural Continue Reading
Deep in a pine forest in southern Russia, military trucks, their silhouettes blurred by camouflage netting, appear through the trees. Soldiers in four-wheel-drive vehicles creep along rutted dirt roads. And Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 7 this week, bringing the total rig count to 439. Last Continue Reading
The number of North American producers that filed for bankruptcy protection in the first quarter of 2021 reached the highest number for a first quarter since 2016, yet the wave Continue Reading
Bakken natural gas production continues to show slight declines, allowing for additional Canadian exports to the US Midwest as Watford City hub prices fall to nearly $2/MMBtu. Receive daily email Continue Reading
Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the staggered global demand recovery from the pandemic. For the second time this month, Continue Reading
Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with Continue Reading
Frustrated by slow and uncertain vaccination drives around the world, some of the nine million Americans living abroad are coming home to get their Covid-19 shots. For many, the risks of Continue Reading
When the temperature dipped to 9 degrees inside his Austin mobile home, Laron Limuel took to sleeping in his Kia Optima sedan to try to stay warm. After days without Continue Reading
The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas Continue Reading
