A Canadian province is rationing petrol over fuel shortage fears after a major storm cut off road and rail links. Canadian Armed Forces personnel have begun arriving in British Columbia Continue Reading
Rigzone’s regular market watchers look at increasing political rhetoric from the U.S., the future for oil prices, rising Covid cases and more. (The views and opinions expressed in this article Continue Reading
Austria will become the first country in western Europe to reimpose a full COVID-19 lockdown, it said on Friday as neighbouring Germany warned it may follow suit, sending shivers through Continue Reading
Poland accused Belarus on Friday of trucking hundreds of migrants back to the border and pushing them to attempt to cross illegally, only hours after clearing camps at a frontier Continue Reading
Germany has entered a “nationwide state of emergency” because of surging coronavirus infections, the head of the country’s disease control agency said Friday. Lothar Wieler, the head of the Robert Continue Reading
A feed additive that cuts methane burped out by cows — a major contributor to agricultural emissions — moved a step closer to being sold in Europe. The European Union’s Continue Reading
Thousands of migrants have been crowded into a warehouse near the border between Poland and Belarus, after Belarusian authorities coaxed them into abandoning the freezing camps they occupied for weeks Continue Reading
The surge in Covid cases across Europe is forcing governments to take drastic measures, with Austria on course to become the first country in the continent to make coronavirus vaccines Continue Reading
The buildup of Russian troops near Ukraine has left U.S. officials perplexed, muddying the Biden administration’s response. Some Republican lawmakers have been pressing the U.S. to step up military support Continue Reading
Governments from some of the world’s biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for Continue Reading
EIA: Crude oil prices are set to decline next year from the current levels of around $80 EIA: Global inventories will start to build again with supply rising more than Continue Reading
Oil took a fresh knock, extending a retreat from a seven-year high in October, as China said that it’s releasing some crude from strategic reserves days after the U.S. invited Continue Reading
Oil rose in choppy trade as recent declines below $80 lured some investors back for bargains while the market waited to see whether the U.S. would match China’s plans to Continue Reading
Food prices will likely stay elevated in 2022 as disruptions to the global supply chain are set to persist, according to the head of Cargill Inc. , who highlighted labor 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
Hydrogen has been billed as the clean energy of the future by governments worldwide, including in the United States, Europe, Australia and Japan. But a new study published in the journal Applied Energy Continue Reading
OPEC members and other participants of ADIPEC2021 are calling on governments and international institutions to be realistic about the global energy transition While countries like the UAE and Saudi Arabia Continue Reading
The world is currently obsessed with cutting global emissions, and the aviation industry is now in the spotlight as the next sector that needs to ‘go green’ While plenty of Continue Reading
At international climate talks earlier this month, the U.S. tried to prove to the rest of the world that it would once again be a leader in tackling climate change Continue Reading
Believe it or not, it’s nearly 2022 and some people still think we shouldn’t do anything about the climate crisis. Even though most Americans understand that carbon emissions are overheating Continue Reading
The stated U.S. aim when indirect U.S.-Iranian talks resume this month is to see if the two can revive a 2015 nuclear deal, but Washington’s unspoken goal may be to Continue Reading
Hundreds of Iraqis returned home Thursday from Belarus after abandoning their hopes of reaching the European Union — a repatriation that came after tensions at Poland’s eastern border, where thousands Continue Reading
OPEC+ countries’ seaborne exports for October and the first half of November have seen a clear increase. Amid other factors, this has helped pause the oil price rally over the Continue Reading
Saudi Arabia’s Crown Prince has unveiled another element of the NEOM megaproject, a floating industrial complex dubbed Oxagon NEOM: Oxagon presents a radical new model for future manufacturing centers Oxagon Continue Reading
A thick blanket of noxious haze has settled over the Indian capital of New Delhi, burning eyes and lungs, forcing schools to close and prompting ardent calls from residents for Continue Reading
Chile is planning to build a 15,000 km subsea cable for a cost of more than $2 billion to send solar energy to China This project would solve one of Continue Reading
Energy demand is high and supplies are low from Europe to Asia. Many countries in the European Union have enacted emergency provisions to help their most vulnerable citizens survive a Continue Reading
Deforestation increased in the Amazon by 22% during the 2020-21 period Deforestation in Brazil’s Amazon rainforest has hit its highest level in over 15 years, official data shows. A report Continue Reading
Sri Lanka has temporarily shut its only oil refinery as part of efforts to manage dwindling foreign exchange reserves, the energy minister said on Tuesday, triggering long queues at petrol Continue Reading
Factory-gate prices in South Korea rose at the fastest pace since 2008 last month, fueling inflation concerns and adding to reasons for the central bank to raise interest rates next Continue Reading
A surge in cases in the Upper Midwest has some Michigan schools keeping students at home ahead of Thanksgiving and the military sending medical teams to Minnesota to relieve hospital Continue Reading
Japan unveiled a record $490 billion spending package on Friday to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding Continue Reading
The market is currently left guessing on the size and timing of a possible Chinese strategic petroleum reserve release. Thursday’s news that China is carrying out crude oil release preparations Continue Reading
Energy infrastructure companies were scrambling on Wednesday to restore pipelines in British Columbia that were shut down by catastrophic flooding, as natural gas prices in the region spiked higher and Continue Reading
The Texas electric grid could suffer a massive shortfall in generating capacity in a winter deep freeze, potentially triggering outages similar to those in February, according to a report on Continue Reading
U.S. lawmakers are weighing a bill that would allow soybean oil-based jet fuel to qualify for an unprecedented tax credit, a win for biofuel producers and a blow to environmental Continue Reading
Mark Siffin’s foray into the Permian Basin leaves behind financial and environmental wreckage that outlasts his presence in West Texas. Mark Siffin’s love affair with the Permian era started when Continue Reading
Ford wants to become the world’s largest electric car maker, overtaking industry leader Tesla and larger rivals including Volkswagen, its chief executive said on Thursday. Jim Farley outlined the US Continue Reading
Just 32 percent of Americans plan to drive for Thanksgiving this year as gasoline prices are expected to be the second most expensive for the holiday ever, the annual survey Continue Reading
A stand-off between President Joe Biden and oil and gas producers in the Permian Basin is developing as prices continue to climb. President Biden has accused the oil and gas Continue Reading
Carbon capture and storage played a large role in Lease Sale 257, which recorded a bumper crop of bids from oil and gas producers Nov. 17 for drilling rights in Continue Reading
A total of 33 companies participated in the lease sale, submitting $198,511,834 in total bids. The Bureau of Ocean Energy Management (BOEM) has announced that Gulf of Mexico Lease Sale Continue Reading
Detroit’s two biggest auto makers— Ford Motor Co. F -1.51% and General Motors Co. GM -3.53% —are looking to get into the semiconductor business, after a year of computer-chip shortages that snarled their global factory output. Ford on Thursday morning outlined a Continue Reading
Goldman Sachs strategist Courvalin: A possible U.S. SPR release has now been fully priced in Goldman Sachs: higher oil prices are justified by a strong demand recovery in the face Continue Reading
In addition to the Rolls-Royce small modular reactor (SMR) SMR timed to coincide with the COP26 environmental conference, another type of SMR has been in the news. The natrium reactor, Continue Reading
Camps on Polish border now empty First repatriation flight to Iraq since August Belarus wants EU corridor for 2,000 migrants Germany rejects proposal EU says Belarus orchestrated the crisis BRUZGI, Continue Reading
A fleet of tankers laden with Russian diesel heading to the U.S. East Coast may help to alleviate the most expensive retail prices for the fuel in seven years. Four Continue Reading
Coronavirus deaths in Russia hit record highs for the second straight day Thursday, while new daily cases appeared to be taking a downward trend but still remained higher than during Continue Reading
Angela Merkel announced the measures following a meeting with state leaders Germany is set to introduce tighter curbs on people who have not been vaccinated against Covid-19, as cases in Continue Reading
One in three Austrians is not yet vaccinated, one of the lowest rates in Western Europe Days after Austria imposed a lockdown on the unvaccinated, it has announced a full Continue Reading
