South Africa’s state-owned power utility has implemented power cuts on 100 days in 2022, with more to come. Eskom Holdings SOC Ltd. ramped up outages to so-called stage-4 load shedding, Continue Reading
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust purchases to align them with Continue Reading
Scientists who detected a massive methane leak at an offshore platform run by Mexico’s Pemex said Tuesday there was “no way” they had made a mistake, roundly rebutting claims by Continue Reading
China faces its biggest annual drop in oil demand in more than three decades as Covid-19 lockdowns and a property crisis weigh on growth in the world’s No. 2 consumer, Continue Reading
Residents of a city in China’s far west Xinjiang region say they are experiencing hunger, forced quarantines and dwindling supplies of medicine and daily necessities after more than 40 days Continue Reading
Residents of China’s west, frustrated by monthslong Covid-19 restrictions that failed to extinguish outbreaks, are increasingly taking to social media to air their grievances, marking a potentially embarrassing backdrop for Continue Reading
Russia and China are making moves to dethrone the U.S. dollar in global oil markets. Russian and Chinese hydrocarbon giants, Gazprom and China National Petroleum Corporation, have agreed to switched Continue Reading
Korea Superconducting Tokamak Advanced Research, or KSTAR, scientists have succeeded in sustaining a plasma gas at 100 million kelvin for up to 20 seconds without experiencing significant instabilities. This result Continue Reading
But other energy costs are rising, offsetting relief at the pump. The index for electricity in August climbed 15.8% over the same month a year ago, the biggest such 12-month Continue Reading
Analysts had hoped that oil production at the Permian Basin would hit record highs in October, with the EIA forecasting a 66,000-bpd increase. As the active rig count drops in Continue Reading
