Carbon emissions in China could peak two years earlier than planned as the economy slows and Beijing prioritizes renewable energy, according to a leading government think tank. China has pledged Continue Reading
In the central Chinese city of Xi’an, 13 million people are dealing with one of the world’s strictest coronavirus lockdowns. Residents have been ordered to stay in their homes since Monday, with Continue Reading
China’s Ministry of Commerce has issued 12.65 million mt of oil product import quotas in the first batch for 2022, sources with knowledge about the matter said on Dec. 30. Continue Reading
The average number of daily confirmed coronavirus cases in the United States hit a record high of 258,312 over the past seven days, a Reuters tally showed on Wednesday, as Continue Reading
Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are increasingly reluctant to loan money to the sector, according to the Continue Reading
The coldest US state of Alaska has recorded its hottest-ever December day, amid an unusual winter warm spell. Temperatures soared to a record 19.4C (67F) on the island of Kodiak Continue Reading
U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending December 24, 2021 which was 115,000 barrels per day less than the previous week’s average. Continue Reading
The biggest names in the auto industry are racing to build battery plants in the United States. The Department of Energy’s Vehicle Technologies Office has listed 13 new battery plant Continue Reading
EIA: commercial crude inventories fell by 3.6 million barrels Gasoline inventories decreased by 1.5 million barrels In middle distillates, the EIA estimated an inventory draw of 1.7 million barrels Crude Continue Reading
Internal rates of return have fallen this month across both oil and dry gas basins in the US, yet the rig count has increased steadily throughout December despite lower commodity Continue Reading
