Saudi Arabia’s Oil Exports Hit The Highest Level Since 2016
Saudi Arabia’s crude production rose to 10.3 million barrels a day in March. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Continue Reading
Could Iraq Dethrone Saudi Arabia As Largest Oil Producer?
Iraq remains one of the most underdeveloped oil producers in the Middle East. EIA: Iraq holds a very conservatively estimated 145 billion barrels of proved crude oil reserves. At $2-3 Continue Reading
U.S. Sees Chances Of Iran Nuclear Deal As Slim
The chances of the world powers reaching a deal with Iran on its nuclear activities that would pave the way toward the removal of the U.S. sanctions on Iranian oil Continue Reading
India to continue buying ‘cheap’ Russian oil, discount to be finalised – source
India will continue to buy “cheap oil” from Russia but has not finalised terms of the discount, a senior government official familiar with the matter said on Wednesday. “We will Continue Reading
India heat wave: Axing coal imports proving to be a costly affair
The Indian government’s latest decision to penalize power plants for not importing coal is a stark contrast to the stance it took a couple of years ago, when it was Continue Reading
China Economy Worse Off in Some Ways Than 2020, Premier Says
China’s economy is in some respects faring worse than in 2020 when the pandemic first emerged, Premier Li Keqiang said, urging efforts to reduce a soaring unemployment rate. “Economic indicators Continue Reading
China’s Economic Recovery Faces New Hurdle in Rising Power Costs
China’s Central Bank, Regulator Urge Banks to Boost Lending Bloomberg News Two of China’s biggest provinces are raising power rates for factories amid increased environmental scrutiny and higher fuel costs, Continue Reading
China Coal Expansions Threaten Higher Methane Levels Worldwide
China’s plans for 169 new and expanded coal projects could boost global methane emissions from mines that produce the dirtiest fossil fuel by 10% and jeopardize its own short-term climate Continue Reading
US Drivers Begin to Balk at Record Gas Prices
Gasoline Likely to Rise Further, Rapidan Energy Says US gasoline demand — earlier expected to hold strong this summer despite soaring prices — is starting to show signs of cracks. Continue Reading
California, Long Leery of Nuclear Power, Joins Bid to Save It
The push to make nuclear power a key tool to fight climate change is getting a boost from one of the most unlikely places on Earth: California. The state, birthplace of Continue Reading