The search for the world’s largest methane sources
Stemming the methane leaks from landfills, oil fields, natural gas pipelines and more is one of the most powerful levers we have to quickly slow global warming. T The threat Continue Reading
US gives Iraq another 120-day waiver to import Iranian power supplies
Highlights State Department expects Iraq to curb import dependence Renewal comes after Iraqi prime minister’s White House visit The US State Department has granted another sanctions waiver allowing Iraq to Continue Reading
Big Oil Continues To Ramp Up Investments In South America
The threat of peak oil demand arriving sooner than predicted and the aggressive push to decarbonize the world economy in a post-Paris Agreement world is creating considerable uncertainty for the Continue Reading
Recon Africa De-Risks The World’s Most Exciting Oil Find
Namibia has every right to celebrate. It’s never produced a barrel, but now, its Kavango Basin test wells have hit hundreds of meters of oil. And the junior exploration company Continue Reading
Nigeria: Hand Over Refineries to Private Sector and Be Better Off, PwC Tells Govt
The federal government has been advised to handover its refineries and other commercially viable projects to the private sector in order to reduce its debts and earn more revenue from Continue Reading
Venezuela to Cut Zeros From Currency Battered by Hyperinflation
Venezuela will remove six zeros from the bolivar in another attempt to save a currency that has been wracked by years of hyperinflation. The central bank said it plans to Continue Reading
China’s Corporate Crackdown Is Just Getting Started. Signs Point to More Tumult Ahead.
In recent months, China has blown up what would have been the world’s largest initial public offering, launched probes into some of its biggest technology companies, and wiped out more than $1 trillion in Continue Reading
Homes flooded, fields and roads damaged as heavy rain hits North Korea
More than 1,100 homes in North Korea were damaged, thousands of people evacuated, and farms and roads washed away after days of heavy rains brought flooding, its state media reported. Continue Reading
China’s gasoline, jet fuel use to hit record in 2021 despite COVID cloud
China’s fuel demand is on track to hit record highs this year on a rebound in car sales and booming domestic air travel, even as a resurgence of COVID cases Continue Reading
China coal inventory thins amid peak power demand- state media
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks exacerbated by last month’s severe floods and typhoon, state media Continue Reading