It’s an eternal dispute – the need to meet consumer energy needs through oil and gas production versus the battle of climate change activists and green policy. When President Biden Continue Reading
Higher electric vehicle (EV) adoption and rising fuel efficiency will bring peak road transportation fuel demand forward to 2027, four years earlier than previously thought, BloombergNEF said in a report Continue Reading
Surf Air Mobility Inc., has signed a purchase agreement with Textron Aviation for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 Continue Reading
California power company Pacific Gas and Electric (PCG.N) said on Wednesday it would bury 10,000 miles of power lines in high-risk fire zones as a safety measure after its equipment Continue Reading
A new flight of large-scale climate projects requiring financial backing of about $1 trillion a year will be needed to meet the Biden administration’s carbon goals, a U.S. Energy Department Continue Reading
Group of 20 ministers are likely to end talks this week without an ambitious deal on climate change, another setback in the fight against rising temperatures ahead of key negotiations Continue Reading
Weekly US coal carload originations totaled 69,186 in the week ended July 17, up 18.3% from the previous week and up 23.3% from the year-ago week, Association of American Railroads Continue Reading
US production capacity for renewable diesel could increase significantly through 2024, based on announced projects and those that are under construction, according to the US Energy Information Administration (EIA). Growing Continue Reading
Britain’s supermarkets, wholesalers and hauliers were struggling on Thursday to ensure stable food and fuel supplies after an official health app told hundreds of thousands of workers to isolate after Continue Reading
Gas industry lobbyists have stepped up meetings with European Union policymakers amid a political tussle on whether to badge the fuel as sustainable, analysis from campaign group Reclaim Finance showed. Continue Reading
Germany will act to curb Russia’s ability to export energy if Moscow takes aggressive actions against Ukraine or uses energy as a weapon, a U.S. diplomat said of a U.S.-German Continue Reading
524 The Biden administration reached an agreement with Germany on Wednesday that allows for the completion of a controversial natural gas pipeline between Russia and Germany, ending a heated dispute Continue Reading
Shell has today confirmed that it will appeal against a landmark court ruling requiring the oil giant to cut emissions faster than it had planned to. The Anglo-Dutch firm said Continue Reading
Highlights Ukraine promised energy transition funds, EU sanctions muscle Platts Analytics expects commercial gas supplies to flow in October US remains opposed, will enforce sanctions on ‘case-by-case’ basis The US Continue Reading
Highlights US, Germany reach deal on mitigating pipeline impact Ukraine President to visit Washington on Aug. 30 ‘No agreement on Ukraine without Ukraine’: Vitrenko US and German measures designed to Continue Reading
Deutsche Aircraft, the new purpose-driven German aircraft Original Equipment Manufacturer (OEM) ( earlier post ), and Universal Hydrogen Co. ( earlier post ) announced a technical collaboration to complete a Continue Reading
Oil wiped out an earlier decline as sentiment firmed in wider markets, with crude gradually recovering from a rout earlier in the week. West Texas Intermediate futures added 0.3%, reversing Continue Reading
Crude prices rise, but not as much as stock markets OPEC+ deal brings more market stability US crude, fuel inventory draws expected Crude oil futures rebounded somewhat July 20 after Continue Reading
Brent oil clawed back some losses after tumbling to an eight-week low amid a broader market rout stoked by a Covid-19 resurgence, which has raised concerns about the short-term outlook Continue Reading
Coal-fired power plants are proving hard to shut down in developing economies because they are cheap and convenient, but keeping them going is pumping out carbon dioxide at a rate Continue Reading
The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law, a government spokesman in Tehran Continue Reading
Saudi Aramco has suffered a data breach in which cyber attackers have stolen 1 terabyte of proprietary data of Saudi Arabia’s oil giant and are selling it on the dark Continue Reading
Lax oversight, outdated infrastructure, and extreme heat combust as Iraq’s oil capital suffers three fire emergencies in a single day. Iraqi fire-fighting teams battle a blaze at the West Qurna Continue Reading
No oil discovery narrative appears to have captured investor attention this year as much as Reconnaissance Africa’s ( TSXV:RECO , OTC:RECAF ) acquisition of the rights to Namibia’s giant, 6.3-million-acre Continue Reading
NEW DELHI (AP) — India’s excess deaths during the pandemic could be a staggering 10 times the official COVID-19 toll, likely making it modern India’s worst human tragedy, according to Continue Reading
An estimated two-thirds of people in India have Covid-19 antibodies, according to a new government survey that has raised hopes that the worst of the country’s pandemic crisis is over, Continue Reading
Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis as temperatures soar and demand for cooling surges, especially in Continue Reading
Roads and subway stations are submerged across China’s Henan province Torrential rain has caused severe flooding in parts of central China, leaving train stations and roads submerged. More than 10,000 Continue Reading
Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid Continue Reading
Areas in China have started to warn residents and businesses that peak summer demand amid a heatwave could lead to outages as electricity grids buckle under peak-load surges, Bloomberg reports Continue Reading
12 die in Zhengzhou subway flood; 4 deaths reported in Gongyi Henan hit by heavy rains since weekend; more rain forecast Provincial capital Zhengzhou, dozen other cities flooded ‘Flood prevention Continue Reading
Japan will raise its target for renewable energy in the country’s electricity mix for 2030 as it pushes to cut emissions to meet commitments under international agreements on climate change, Continue Reading
China must cut emissions sooner if the planet is to avoid climate “chaos”, US climate envoy John Kerry has warned, telling the Financial Times that he was keen to speak Continue Reading
Visitors to the BHP (formerly known as BHP Billiton) booth speak with representatives during the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, Continue Reading
The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement “urgently needed protections against cyber intrusions.” It Continue Reading
The world’s largest oil firms may need to be careful relying on carbon capture and storage to reduce emissions from operations as much as they would like. While almost every Continue Reading
What You Need To Know Keeping the planet cool enough to avoid catastrophic climate change requires both cutting emissions pumped out annually and removing carbon dioxide that’s already in the Continue Reading
Oilfield company Halliburton Co (HAL.N) on Tuesday topped Wall Street earnings estimates and offered an upbeat view for energy services demand as the downturn in oil drilling activity recedes. The Continue Reading
The Delta variant of the coronavirus is the cause of more than 80% of new U.S. COVID-19 cases, but the authorized vaccines remain more than 90% effective in preventing hospitalizations Continue Reading
Scorching heat is boosting electricity prices across Europe, adding to a long list of factors that have sent power costs surging this summer. The extreme temperatures are boosting demand for Continue Reading
Alexander tried three times over 10 days to get his first dose of Russia’s Sputnik V coronavirus vaccine in his home town of Vladimir. Twice, supplies ran out as he Continue Reading
The United States and Germany will take action against Russia if it uses the Nord Stream 2 gas pipeline to harm Ukraine or other Eastern European countries, according to two Continue Reading
Moscow, capital of one of the world’s biggest hydrocarbon exporters, plans to boost the use of electric cars by rolling out a raft of charging infrastructure in the coming years, Continue Reading
As the European Union gets serious about fighting climate change, experts are fielding more calls than ever from polluters seeking help to trap, process and store their carbon emissions. The Continue Reading
The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who expect to announce the deal as Continue Reading
Highlights OGUK calls for self-isolation exemption Shell Shearwater infections reach 26, but rate slowing No ‘blanket exemption’ for sector or roles: government Nearly 150 workers have been evacuated or are Continue Reading
Brent oil clawed back some losses after tumbling to an eight-week low amid a broader market rout stoked by a Covid-19 resurgence, which has raised concerns about the short-term outlook Continue Reading
Oil rose above $69 a barrel on Tuesday, recouping some of the previous session’s 7% slide, as a tight physical market pushed aside concerns about rising COVID-19 infections weakening the Continue Reading
Oil prices slid Monday, recording their biggest one-day drop in 10 months as investors worried that the spread of the Delta variant of coronavirus will halt travel and dent demand Continue Reading
The agreement which OPEC+ reached on Sunday is modestly bullish for Goldman Sachs’s forecast that Brent will hit $80 per barrel this summer, the investment bank said in a note Continue Reading
