Utilities and startups are racing to build fast-charging networks for electric vehicles throughout the U.S. as auto makers bet their future on EVs. Regional alliances are emerging as utilities join with Continue Reading
Pressure is mounting on the oil and gas sector to clean up its act and reduce emissions from operations, the so-called Scope 1 and Scope 2 emissions. Many of Europe’s Continue Reading
Check out this recap of popular downstream-related articles on Rigzone. Rigzone’s downstream readers showed much interest last week in new carbon capture and storage (CCS) developments from a pair of Continue Reading
The USA rig count rose again this week. The U.S. rotary rig count is within striking distance of hitting the 500 mark, adding seven rigs to reach 491 this week, Continue Reading
Nearly half of Americans would consider owning an electric vehicle (EV) today, up from just more than a third of the population three months ago. Better battery life, range and Continue Reading
Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless Continue Reading
The official pandemic toll is 4,140,700 deaths, but the dreadful cost is most certainly higher — perhaps twice the official estimates or more. Does it matter whether 8 or 10 million have died instead Continue Reading
The British government is exploring ways to remove China’s state-owned nuclear energy company from all future power projects in the UK, including the consortium planning to build the new É20bn Continue Reading
One by one, the world’s auto manufacturers have made bold commitments to electric vehicles, setting targets for turning over their entire fleets and disclosing large capital expenditure plans for the Continue Reading
Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery. Continue Reading
Crude oil futures ticked up slightly July 23, ending higher for the fourth consecutive day on optimism that global production increases would fall short of a demand recovery. Front-month NYMEX Continue Reading
Despite a major oil price crash on Monday, oil prices are now on course to close out the week more or less unchanged. Friday, July 23rd, 2021 The news of Continue Reading
Oil fell further below $74 a barrel on Friday but was on track to end the week largely unchanged after rebounding from a sharp drop on Monday, underpinned by expectations Continue Reading
Climate scientists have long warned that global warming would lead to extreme heat in many parts of the world. But the 120 degree Fahrenheit temperatures brought on by the heatwave Continue Reading
Fires, floods, heatwaves, and droughts. The deadly weather that has unfolded in recent weeks has left climate scientists “shocked” and concerned that extreme events are arriving even faster than models Continue Reading
OPEC—as well as the entire energy industry—should be thanking Saudi Arabia for its “magnificent” job in managing their production during the Covid-19 pandemic, according to Robert Yawger, executive director of Continue Reading
As Iran is preparing for the inauguration of elected president Ebrahim Raisi, a move that will consolidate the power of the ultra-conservative forces that support Ayatollah Ali Khamenei, its citizens Continue Reading
Brazil’s national power grid operator (ONS) said on Friday that severe drought is likely to push the country’s power generation capacity to its absolute limit by November, as hydroelectric plants Continue Reading
Indian Oil Corporation (IOC), the largest oil refiner in the country, looks to boost its crude oil refining capacity by one-third over the next half-decade as it believes gasoline and Continue Reading
Venezuela’s capital city is once again rationing gasoline after output at state-owned refineries slumped, forcing motorists to endure day-long queues to top off tanks. Shortages have returned to Caracas, prompting Continue Reading
Highlights Independent E&P companies increased crude oil output to 70,000 b/d in June Three largest producers responsible for 50,000 b/d Pemex struggling to meet own goals Mexico City — Crude Continue Reading
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt Continue Reading
Inspired by the sun, the Tokyo Olympic cauldron is designed to be better for the planet. The flame at Tokyo’s National Stadium and another cauldron burning along the waterfront near Continue Reading
The In-fa typhoon, which caused devastating flooding in parts of China this week—claiming at least 33 lives—is expected to make landfall this weekend in a key area hosting some of Continue Reading
High oil prices and China’s crackdown on the use of oil import quotas could result in the lowest crude oil import growth at the world’s top oil importer since 2001, Continue Reading
State-sponsored Chinese actors targeted U.S. oil and gas pipeline companies in a spearphishing and intrusion campaign between 2011 and 2013, a Joint Cybersecurity Advisory, coauthored by the Cybersecurity and Infrastructure Continue Reading
For many migrant workers caught up in severe flooding in the central Chinese city of Zhengzhou, crossing town to stay with relatives in less affected areas or returning to their Continue Reading
Schlumberger delivers optimistic outlook for North American and international oil markets Reports earnings of 30 cents per share, beating Wall Street estimates of 26 cents per share Operating margins almost Continue Reading
The U.S. is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market. Air traffic in the U.S. has jumped to more Continue Reading
Most Americans who haven’t been vaccinated against COVID-19 say they are unlikely to get the shots and doubt they would work against the aggressive delta variant despite evidence they do, Continue Reading
Steven Penkevich spent 36 years at Ford Motor Co. F -0.65% as part of an army of Detroit engineers who perfected the internal combustion engine, a technology dating back to the dawn of the automobile Continue Reading
The number of oil and gas rigs in the United States is up 7 this week, according to Baker Hughes , which pegged the total rig count at 491, up Continue Reading
The Biden Administration is committing $300 million to invest in the economic development of coal and coal power plant-affected communities as part of a $3-billion funding for investment in America’s Continue Reading
Heat will bear down on Texas and the Great Plains within days, driving temperatures in Dallas above the 100-degree mark for the first time this year. A dome of high Continue Reading
Natural gas prices at the US benchmark Henry Hub recently zoomed past the $4 level, where the market continued to trade July 23 amid renewed bullishness over hot weather and Continue Reading
Merkel at a plenary session of the German Bundestag in June As she leaves office, Angela Merkel, hailed for her pioneering global leadership on climate change, stands accused at home Continue Reading
Highlights Hybrid car sales overtake diesel for market share Electric vehicle sales jump more than 200% over year Plug-in hybrid sales more than triple since 2020 European sales of conventional Continue Reading
Russia on Saturday reported 23,947 new coronavirus cases and a repeat all-time high in the number of deaths related to the virus, at 799. Russia has been in the grip Continue Reading
Thermal coal is one of this year’s best-performing asset classes Supply disruptions, a drought in China and rebounding electricity demand have fired up the market for thermal coal, making the Continue Reading
Oil fell further below $74 a barrel on Friday but was on track to end the week largely unchanged after rebounding from a sharp drop on Monday, underpinned by expectations Continue Reading
Oil rose to the highest in a week amid expectations that recovering demand from the U.S. to India and Europe will further tighten global crude markets. Futures in New York Continue Reading
Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the year as economies recover from the coronavirus crisis. Continue Reading
The world will need to invest up to $173 trillion in greener energy infrastructure and supply over the next 30 years if it wants to achieve net-zero carbon emissions by Continue Reading
In many ways, the world is not ready for the EV revolution. While electric vehicles are an absolutely invaluable and essential component of the clean energy revolution and combating climate Continue Reading
Water and mud landslides overran houses and roads in Germany this month, killing more than 160 people and leaving hundreds missing. Deadly weather as far apart as China, Germany and Continue Reading
Prince Abdulaziz bin Salman Abdulaziz bin Salman, the most powerful man in petroleum, navigates unruly OPEC+ nations, huge swings in price and production—and the end of fossil fuels. The Boeing Continue Reading
PDVSA is offloading more than a half a million barrels per day of condensate that it has imported in order to blend with its extra heavy crude oil, according to Continue Reading
Venezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the Maduro regime’s grip on power. The Continue Reading
The Biden administration is raising the pressure on China, confronting it on cyberattacks and human rights and making tentative progress rallying allies to its side, while so far avoiding deep Continue Reading
