The temperature in the British capital could rise as high as 15 degrees Celsius (59 degrees Fahrenheit) on Dec. 31. New Year’s Eve is set for record-breaking temperatures in London Continue Reading
Crude oil futures held on to gains notched overnight in mid-morning trade in Asia Dec. 29 as risk sentiment in financial markets remained buoyant amid the festive season, though COVID-19 Continue Reading
Oil held near a one-month high after industry data pointed to another drop in U.S. crude inventories and traders bet the fast-spreading omicron variant would prove to be less severe Continue Reading
Many forecasters, including BP, in 2020 argued that peak oil was already past us Investment bank analysts seem to overwhelmingly expect higher prices because of strong demand and not-so-strong supply Continue Reading
The oil markets are poised to end 2021 on a relatively high note, as concerns of Omicron impacting global demand in the same way that Delta did turned out to Continue Reading
Today the Grahamstown High Court in Makhanda ordered Shell to immediately cease its seismic blasting along South Africa’s Wild Coast, while ordering Shell and the Minister of Mineral Resources and Continue Reading
Iran for the second time this year ordered a shutdown of authorized cryptocurrency mining centers as part of efforts to ease the strain on the country’s power plants and avoid Continue Reading
Siahouk, a shepherd, had gone to get water from a pond when he was attacked Lying on the floor of his modest home, Siahouk was in excruciating pain from the Continue Reading
Mexico’s Petroleos Mexicanos (Pemex) said on Tuesday it would drastically reduce planned crude exports next year as the state oil company works to meet the government’s target of refining all Continue Reading
Mexico plans to halt crude oil exports in 2023 as part of President Andres Manuel Lopez Obrador’s nationalist goal of self-sufficiency in fuel production. Petroleos Mexicanos, the Mexican state-owned producer Continue Reading
