As surely as the rains fall and flowers blossom, the Northern Hemisphere awakens every June to another, less inspiring rite of spring—a new peak level for global atmospheric carbon dioxide. Continue Reading
OPEC and its allies expect oil inventories to fall further in the coming months, OPEC’s secretary general said on Monday, suggesting efforts by the producers to support the market are Continue Reading
Temperatures in the Middle East have topped 125 degrees after a run of record-breaking heat. Several countries tied or challenged national records amid the blistering heatwave, which has brought a Continue Reading
The debate about emissions reduction and the path forward for oil companies moved to a whole new level since the International Energy Agency (IEA) dropped last month the bombshell report Continue Reading
Saudi Arabia has lined up 15 banks to manage new multi-billion dollar bond offerings for its flagship oil and gas company, Aramco, according to a number of domestic and international Continue Reading
As Reconnaissance Energy Africa continues to excite investors and industry experts alike, we sat down with the man responsible for what could be the next major development in this story. Continue Reading
As the prices of steel, cement and other raw materials climb higher and higher amid tightening supply, drillers in the U.S. shale patch are facing higher production costs, Bloomberg reports Continue Reading
Crude oil imports into China dropped by almost 15 percent annually last month. While substantial, the drop is no reason for worry because it was caused by refinery maintenance season. Continue Reading
Top power producers set peak emissions goals by 2025 or earlier No signs of accelerated coal plant closures, ETS has limited impact Coal remains critical to alleviate peak demand power Continue Reading
China’s crude imports slumped 14.6% on the year to a five-month low of 9.69 million b/d in May amid destocking activities, showed preliminary data released June 7 by the General Continue Reading
