Concerns about rising home heating costs are clouding prospects for a proposed tax on methane leaks in the $2 trillion social and climate spending bill backed by President Biden and Continue Reading
Chinese officials reported Monday that their coal production surged to its highest level in years, the same day that officials in India’s capital readied a shutdown due to air pollution, Continue Reading
Chinese coal production in October rose to the highest level since March 2015 as the energy crisis in the world’s second-largest economy prompted authorities to seek to increase coal supply Continue Reading
U.S. oil producers are struggling to find enough crews, vehicles and equipment to take advantage of rising global demand and a seven-year high in crude prices, say executives at oilfield Continue Reading
U.S. President Joe Biden on Monday announced a step toward prohibiting oil and gas development outside the boundaries of the Chaco Culture National Historical Park as part of a Native Continue Reading
Joe Biden will meet the leaders of Mexico and Canada this week as his plans to encourage Americans to buy electric cars made in the US have sparked furious opposition Continue Reading
US coal prices have jumped to their highest level in more than 12 years as the industry scrambles to keep pace with surging demand driven by power producers switching to Continue Reading
Parts of the Pacific Northwest and British Columbia can’t catch a break. Atmospheric rivers, or plumes of deep tropical moisture, have brought excessive rainfall, flooding and mudslides over the past Continue Reading
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The oil and gas industry is finally getting in on the 3D printing revolution, using the technology to solve supply chain problems, lower costs, and reduce emissions The tech could Continue Reading
Highlights Gas production gains; mild start to heating season Storage deficit to five-year average narrowing NYMEX Henry Hub repeatedly fell below the $5/MMBtu mark in recent trading, with analysts attributing Continue Reading
Citgo Petroleum Corp, the eighth-largest U.S. oil refiner, reported on Monday its seventh quarterly loss in the last two years and reshuffled its board of directors, naming three new members. Continue Reading
The Bakken oilfield in North Dakota, the birthplace of America’s oil boom a decade ago, is struggling to recover from last year’s market crash even as crude prices have surged Continue Reading
U.S. shale production is finally ready to grow again, with output set to climb next year due to increased spending in the Permian The rise in output will be lower Continue Reading
The US Tire Manufacturers Association (USTMA) will produce cryogenically milled tire tread (CMTT) and provide samples to researchers to advance scientific study on tire and road wear particles (TRWP). In Continue Reading
Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure that will see the company walk away from the Netherlands amid deteriorating relations with what’s been Continue Reading
Austria imposed a lockdown on people unvaccinated against the coronavirus on Monday as winter approaches and infections rise across Europe, with Germany considering tighter curbs and Britain expanding its booster Continue Reading
Russian gas flows through a key pipeline to Germany rose on Monday, with no sign that Belarus’s president had acted on his threat to cut off supplies to the European Continue Reading
Russia says there is no shortage of oil in the global market and there may even be a surplus from early next year, adding to the chorus of other OPEC+ Continue Reading
A billionaire French oil family’s decision to back Rolls-Royce’s plans for a fleet of mini nuclear power plants is part of a set of investments predicated on a renaissance for Continue Reading
As temperatures drop and coronavirus infections spike across Europe, some countries are introducing increasingly targeted restrictions against the unvaccinated who are driving another wave of contagion and putting economic recoveries, Continue Reading
Temperatures on the European mainland, and in the UK are set to slide starting next week This first cold blast of the season is going to test the energy supplies Continue Reading
“Everybody is predicting a surplus of supply starting from the first or second quarter,” next year, Russian Deputy Energy Minister Pavel Sorokin told Bloomberg on the sidelines of this week’s Continue Reading
Global oil markets remain very tight and heavily backwardated as demand returns to pre-pandemic levels, the chief executive officer of global trading firm Trafigura said on Tuesday. “We are seeing Continue Reading
Russian natural gas flows through the Yamal-Europe pipeline to Germany remained broadly steady on Tuesday morning and above the weekend’s levels, data from German network operator Gascade showed. Belarusian President Continue Reading
Europe risks rolling power outages if there is a prolonged period of cold weather this winter, according to the chief executive of Trafigura, one of the world’s biggest commodity traders. Continue Reading
Russia has managed to secure the largest share in Iran’s huge Chalous gas discovery, a move that could have huge economic and geopolitical consequences A senior Russian official believes this Continue Reading
While plenty of traders have accused Russia of withholding natural gas from Europe, it is now looking like the natural gas giant simply cannot significantly increase exports Natural gas prices Continue Reading
Crude oil prices fell on Monday on expectations of increasing supply, while higher energy costs and rising COVID-19 cases are also seen weighing on demand. Brent crude futures fell 63 Continue Reading
Oil fell as U.S. President Joe Biden faced more calls to tap the Strategic Petroleum Reserve to tackle surging gasoline prices. West Texas Intermediate sank 0.8% after declining for three Continue Reading
The ongoing UN Climate Change Conference (COP26) in Glasgow has underlined how increased adoption of low-carbon energy sources will be key to reducing global emissions. While it is not without Continue Reading
As the global supply chain struggles from the aftershocks of the pandemic, spreading the suffering to nearly every industry, cyber criminals vultures are descending on the vulnerabilities to create more Continue Reading
COP26 took fourteen days and some long nights of negotiations. It produced breakthrough pledges, a set of rules on carbon trading and some big aspirations that will have to be Continue Reading
It was Day 13 of the COP26 summit, and even the trees inside the Glasgow venue were beginning to wilt. With the meeting running almost 24 hours over its scheduled Continue Reading
While world leaders and negotiators are hailing the Glasgow climate pact as a good compromise that keeps a key temperature limit alive, many scientists are wondering what planet these leaders Continue Reading
The COP26 climate summit in Glasgow succeeded in getting 197 countries to agree new rules on limiting greenhouse gas emissions, but last-minute objections from India and China stymied a commitment Continue Reading
Eridu holds estimated 7 billion-12 billion barrels Lukoil holds 60% stake in field, in southern Iraq Could yield 250,000 b/d at peak production Lukoil has submitted to Iraq’s oil ministry Continue Reading
OPEC Secretary General Mohammad Barkindo said on Monday that oil and gas were “targeted” for the first time at COP26 as having no place in the energy transition. As an Continue Reading
Saudi Arabia and the United Arab Emirates signaled OPEC+ will continue raising oil output cautiously and won’t bow to U.S. pressure to pump faster. President Joe Biden, concerned that gasoline Continue Reading
India is facing widespread coal shortages, highlighting a weakness in its energy mix. Both micro and macro solar projects could help free India from fossil fuels. India’s ambitious approach to Continue Reading
Covid-19 cases are climbing in places like the upper Midwest, Southwest and parts of the Northeast, hindering the nation’s progress in ending a surge triggered by the highly contagious Delta variant of Continue Reading
China is battling the spread of its biggest COVID-19 outbreak caused by the Delta variant, according to numbers announced on Monday, with travellers from a city where infections have grown Continue Reading
As U.N. climate conference delegates considered how to save the planet over the weekend in Glasgow, Toyota Motor’s chief executive was in Japan racing an experimental hydrogen car – a Continue Reading
Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions hit exports and business spending plans and fresh COVID-19 cases soured the consumer mood. While Continue Reading
China’s Retail Sales, Industrial Output Beat Estimates China’s economy performed better than expected in October as retail sales climbed and energy shortages eased, though a slump in property and rising Continue Reading
China has confined nearly 1,500 university students to their dormitories and hotels following an outbreak of COVID-19 in the northeastern city of Dalian. The order was issued Sunday after several Continue Reading
Chinese factory activity and consumer spending were surprisingly robust in October, official monthly figures showed Monday, though fresh signs of weakness in the property sector underscored concerns for the outlook Continue Reading
It’s just 60 miles from El Dorado Dairy in Ontario, Calif., to the nation’s largest container port in Los Angeles. But the farm is having little luck getting its products Continue Reading
President Biden is in a tight spot when it comes to energy The White House continues to face critique from both environmentalists and the oil and gas industry If energy Continue Reading
Russian gas flows towards Germany via the Yamal-Europe pipeline rose over the weekend, preliminary data from German network operator Gascade showed, with no signs of being impacted by a political Continue Reading
