An airstrike killed about 14 people in a building in the Yemeni capital of Sanaa, residents said on Tuesday, during strikes across the city launched by the Saudi-led coalition fighting Continue Reading
Oil rigs Nigeria is producing far less oil than it did 25 years ago when the estimated population was much less than what it is today and government spending was Continue Reading
In spite of its current struggles, Nigeria’s oil production will hit 1.7 million barrels per day in 2022, a new report by CardinalStone Research, has indicated. Stressing that it expects Continue Reading
The physical crude market in Asia is showing further signs of strength, bolstering the outlook for higher futures prices just as global oil benchmark Brent rallies to the highest level Continue Reading
Bloomberg News China is better prepared to avoid any energy supply crisis even with power demand forecast to continue to grow rapidly, authorities said. A 10% lift in demand last Continue Reading
China’s overseas shipments of fuels fell for a second year as Beijing tightened export quotas, in part to ensure sufficient domestic supply. Gasoline exports in 2021 slid 9.1% from a Continue Reading
Last year, Chinese policymakers shook up the world’s second-largest economy just as its rebound from the pandemic was starting to wear off, unleashing a flurry of measures to address longer-term Continue Reading
China announced on Monday that its birthrate plummeted for a fifth straight year in 2021, moving the world’s most populous country closer to the potentially seismic moment when its population Continue Reading
U.S. refiners and biofuel companies are likely to reach less than half the renewable diesel production projected by the U.S. government for 2025 due to policy and feedstock constraints, according Continue Reading
As climate change pushes states in the U.S. to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources Continue Reading
