Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured that Nigeria would meet the three million barrels per day quota allocated to the country by the Organisation of Continue Reading
China’s capital city is suffering through its worst air pollution since May in the wake of its decision to boost coal production to address a power crunch. The concentration of Continue Reading
Coal has come back into energy markets in a big way this year, serving as a vital energy source as natural gas prices soared to incredible heights The coal price Continue Reading
China’s Sinopec Corp plans to increase natural gas supplies from its domestic fields to 13.24 billion cubic metres (bcm) this winter, up 3% from a year earlier, it said on Continue Reading
China’s top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market. The Continue Reading
A Chinese developer of real estate projects that use green technologies has become the latest builder to miss debt payments, just as defaults from the nation’s borrowers on offshore bonds Continue Reading
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
U.S. natural gas futures soared almost 12% to a near three-week high on Monday on expectations liquefied natural gas (LNG) exports will rise and forecasts calling for cooler weather and Continue Reading
U.S. power utility Dominion Energy and Spanish turbine maker Siemens Gamesa said on Monday they will build the first U.S. factory to make blades for offshore wind power, part of Continue Reading
Tesla Inc. TSLA 12.66% crossed $1 trillion in market value Monday, joining a select group of companies after its stock price more than doubled this past year on surging vehicle sales and rising profits. Continue Reading
Higher retail natural gas prices will be the primary driver for the expected increase in natural gas heating expenditures this winter U.S. households that primarily use natural gas for space Continue Reading
It looks like Senator Joe Manchin will stand firm in his stance against the climate change provisions in Biden’s infrastructure bill When it comes to the climate bill it looks Continue Reading
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) said on Monday that its marketing arm will sell LNG to a unit of Glencore PLC (GLEN.L) , moving Cheniere’s Continue Reading
Capital discipline, hedging could limit production gains US gas production surged Oct. 25 to its highest since Hurricane Ida struck the US Gulf Coast in late August, foreshadowing a potential Continue Reading
U.S. President Joe Biden’s global energy security adviser said on Monday that Russian President Vladimir Putin is getting close to using natural gas as a political tool if Russia is Continue Reading
Germany, Denmark, Ireland and six other European countries said on Monday they would not support a reform of the EU electricity market, ahead of an emergency meeting of energy ministers Continue Reading
The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). The purchase and installation of Continue Reading
Jacques Kadio has already cut his grocery bill, refuels his car less and turns the heating off when his children are at school, but still the spiralling cost of electricity Continue Reading
After years of publicly dismissing climate change, President Vladimir Putin is finally prodding officials to take the threat it poses to Russia’s economy more seriously. The shift in thinking means Continue Reading
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said oil producers shouldn’t take the rise in prices for granted. Oil rallied above $86 a barrel after Saudi Arabia said that Continue Reading
Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world Continue Reading
Energy transition and peak demand predictions have spooked investors in oil, putting the prospect of peak production sooner than anticipated accompanied by wild price spikes. Key climate talks are set Continue Reading
Predicting oil—or, apparently, gas—prices is a notoriously uncertain business Over the longer term, predicting oil prices becomes even more challenging But besides crazy bets on high oil prices in the Continue Reading
Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom steps up efforts to export a fuel seen as crucial Continue Reading
Oil prices are expected to reach $100 a barrel, yet, as the rates go up, Nigeria will spend more on fuel importation, frittering its market advantage. Despite oil price rally, Continue Reading
Fuji Oozx Inc. is one of hundreds of automotive-parts suppliers in Japan whose very existence is being threatened by the world’s shift toward electric vehicles. For almost 70 years, the Continue Reading
The power crisis in China is driving aluminum alloy prices higher as supplies come under threat. China is limiting supplies of key components used across a range of industries. While Continue Reading
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contractual obligations in its latest bid to tame prices that Continue Reading
Production costs at Chinese steel mill have increased, especially at electric arc furnaces, because of recent power rationing and government demands for energy consumption cuts, the country’s steel association said Continue Reading
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
Curbing China’s output of greenhouse gas will do more than almost anything else at this point to decide the fate of the planet. That primacy comes from being, by far, Continue Reading
China aims to have non-fossil energy consumption exceed 80% of its total mix by 2060, when the world’s second-biggest economy plans to be carbon neutral, according to guidelines published by Continue Reading
China’s cabinet on Sunday outlined measures to achieve its goals of reaching peak carbon emissions by 2030 and carbon neutrality before 2060 but said food and energy security must be Continue Reading
The supervisory boards of Venezuela-owned Citgo Petroleum, racing to stave off a breakup of the eighth-largest U.S. oil refiner, have held talks with U.S. officials in Bogota, Colombia, seeking to Continue Reading
Tesla has delivered yet another incredible earnings report, shocking markets with its improving profit margins There is more to come from the trailblazing electric vehicle company, however, with its move Continue Reading
You may find it curious that the price of oil is still above $80 a barrel. This is also why gasoline prices are at the highest levels since 2014. But, Continue Reading
Lower than usual temperatures from China to Japan will add to power demand at a time of already tight supply and high prices. Bloomberg News Waves, whipped up by a Continue Reading
New hydrogen production technology developed at the University of British Columbia (UBC) will be tested in a $7-million project between UBC, the government of Alberta and Alberta utility company ATCO. Continue Reading
U.S. environmental regulators are expected to base new rules for controlling methane emissions from oil and gas operations on the nation-leading policies of a state that has been tamping down Continue Reading
Fracking fluid and oil wastewater are dumped into an unlined pit located right up against the Petroleum Highway in Kern County, California. Credit: Sarah Craig/Faces of Fracking California has a Continue Reading
Coal from mines around this northeastern English port town made the U.K. an industrial and imperial superpower in the 19th century. In the 21st, the country has all but ditched Continue Reading
RTE, France’s power grid operator, said on Monday that the country could get to carbon-neutral status by 2050 at a cost that would be manageable. The RTE added in a Continue Reading
Gazprom’s (GAZP.MM) natural gas exports to Europe and Turkey could reach 183 billion cubic meters by the end of the year, the head of the Russian gas giant’s export branch Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . German business confidence took another hit in October as global supply logjams Continue Reading
The yawning black-brown scar in the earth that is Germany’s Garzweiler coal mine has already swallowed more than a dozen villages. Centuries-old churches and family homes have been razed and Continue Reading
Oil swung between gains and losses as traders weigh the ongoing impact of a global energy crunch and dwindling inventories at a key U.S. storage hub. Front-month futures in New Continue Reading
Natural-gas prices have shed 16% since hitting a 13-year high earlier this month, reversing some of a run-up that has prompted fears of exorbitant heating bills and higher manufacturing costs at a Continue Reading
Oil has now comfortably settled above $80, with Saudi Arabia refusing to alter its strategy and U.S. shale companies maintaining their spending discipline. For a deeper dive into exactly what Continue Reading
Computer chips. Exercise equipment. Breakfast cereal. By now, you’ve probably heard: The world has run short of a great many products. In an era in which we’ve become accustomed to clicking Continue Reading
It is perhaps unsurprising that you rarely see the words ‘climate change’ and ‘optimism’ in the same headline. The world’s forests, oceans and polar ice caps remain in peril, extreme Continue Reading
