South African power utility Eskom implemented Stage 6 power cuts early on Sunday morning, its worst level touched for the second time this year although a “total blackout” was not Continue Reading
Shell Petroleum Development Company of Nigeria Limited (SPDC) is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP). Vanguard gathered that TNP takes crude from Continue Reading
Oil loading and exporting operations from Iraq’s Basrah oil terminal are back to their normal rates after being halted on Friday due to a spillage, which has now been contained, Continue Reading
India purchased some of the nation’s most expensive liquefied natural gas shipments ever after vital Russian deliveries were canceled. GAIL India Ltd. bought several LNG cargoes for delivery between October Continue Reading
Pakistan State Oil Co., the nation’s largest fuel importer and retailer, is planning to build a $500 million LNG terminal as part of its strategy to diversify into multiple businesses. Continue Reading
China has signed a deal to construct a railroad through Krygyzstan and Uzbekistan that would bypass sanctions-hit Russia. Kyrgyzstan, Uzbekistan and China signed the agreement on the sidelines of the Continue Reading
Huge waves in Kochi prefecture, western Japan Nine million people have been told to evacuate their homes as Japan is battered by one of the worst typhoons the country has Continue Reading
China exported a whopping 97.4% more gasoline in August 2022 than it did the year before. This huge increase was largely due to a new batch of fuel export quotas Continue Reading
The Prelude floating LNG production facility off the coast of Australia has resumed production and exports, operator Shell said today. Operations at the project were halted earlier this year due Continue Reading
Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, Continue Reading
China’s August gasoline exports rose 97.4% from a year earlier, customs data showed on Sunday, as refiners took advantage of fresh export quotas amid faltering domestic demand. Gasoline shipments were Continue Reading
Hurricane Fiona struck Puerto Rico’s southwest coast on Sunday as it unleashed landslides, knocked the power grid out and ripped up asphalt from roads and flung the pieces around. Forecasters Continue Reading
Highlights Port of Long Beach volumes edge higher against Los Angeles Asia-USWC freight rates down 19% on week USEC volumes remain strong while ports grapple with vessel backups US West Continue Reading
Private companies in the Permian Basin of West Texas and New Mexico emerged from the pandemic-induced oil downturn as a growth engine for U.S. shale. Dozens of small drillers helped Continue Reading
Auto makers racing to turn out electric vehicles have generated long wait lists. Now they must try not to disappoint customers like Louie Figueroa. Mr. Figueroa put down a $100 Continue Reading
Wil VanLoh, head of private equity group Quantum Energy Partners: “there’s no bailout coming”, U.S. producers cannot pump a lot more. U.S. shale executives aren’t expecting major production increases in Continue Reading
Greenpeace and a raft of other environment groups issued the European Union with an ultimatum over its decision to grant some gas and nuclear power stations a “fake” green label Continue Reading
Vladimir Putin ’s economic campaign to force European governments to abandon support for Ukraine by sharply curbing their natural-gas supplies looks to be faltering as gas prices fall, Russian government Continue Reading
German energy importers have resumed nominations of gas volumes to be delivered via the Nord Stream 1 pipeline even though no gas is flowing along the pipe right now. According Continue Reading
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is Continue Reading
General view of the Fos-Lavera oil hub near Marseille, France, September 17. REUTERS/Jean-Paul Pelissier Brent and WTI head for weakest quarter since 2020 Exports ‘gradually’ resume after spill at Iraq’s Continue Reading
The latest monthly oil market reports show a broad agreement about balances. The latest monthly oil market reports show a broad agreement about balances, Standard Chartered (SC) highlighted in a Continue Reading
Deadly floods in Pakistan. Scorching heat and wildfires in the US West. Torrential rains in Australia and Indonesia. A megadrought in Brazil and Argentina. As climate change pushes weather disasters Continue Reading
The dramatic rise of electric vehicles has been touted as a major win for the environment. While this transition to ‘zero-emission’ vehicles may benefit developed nations, front-line communities and emerging Continue Reading
An oil spill has forced a shutdown of all crude oil exports from Iraq’s Basra Port, oil sector sources said on Friday, cited by Reuters. With four tanker berths, the Continue Reading
The negotiations to revive the Joint Comprehensive Plan of Action (JCPOA) between Iran and the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany) are, to use Continue Reading
Iran’s supreme leader, Ayatollah Ali Khamenei, canceled all meetings and public appearances last week after falling gravely ill and is currently on bed rest under observation by a team of Continue Reading
The Nigeria-Morocco Gas Pipeline Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco. The Group Chief Executive Officer of the Nigerian National Petroleum Company Continue Reading
South African power utility Eskom said power outages will be ratcheted up a notch to ‘Stage 5’ from 1000 a.m. (0800 GMT) local on Saturday until 0500 a.m. on Monday Continue Reading
U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with Continue Reading
Africa, which is home to many of the most climate-vulnerable countries, needs to make its fair share of efforts to reduce global emissions and curb temperature rise, the U.S. Special Continue Reading
Kazakhstan’s vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels “in October at best”, Kazakh Energy Minister Bulat Akchulakov Continue Reading
A drill rig under construction is seen at an offshore island in the northern Caspian Sea, part of the Kashagan oilfield, October 11, 2012. Up to 12 billion barrels of Continue Reading
Indian prime minister Narendra Modi has told Russian president Vladimir Putin that now is “not an era of war”, in some of his most pointed public remarks yet about Russia’s Continue Reading
Argentine oil pipeline operator Oleoductos del Valle (Oldelval) will invest $750 million to double its transport capacity from the Vaca Muerta shale formation, the country’s energy ministry announced Friday, hoping Continue Reading
Escalating street protests have pushed Haiti’s already dire social crisis this week into what regional leaders described as a “low-intensity civil war,” leaving residents of the capital cut off from Continue Reading
Delta Air Lines Inc (DAL.N) plans to start receiving shipments of renewable fuel feedstocks at its Trainer, Pennsylvania, refinery as part of a strategy that could reduce its environmental liabilities Continue Reading
A powerful extratropical cyclone is expected to blast the western coast of Alaska starting Friday night — bringing potential perils from a storm surge that threatens to top out at Continue Reading
The number of total active drilling rigs in the United States rose by 4 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
LONDON, Sept 16 (Reuters) – demand for gas from domestic generators as well as customers in Europe and Asia scrambling for replacement supplies following Russia’s invasion of Ukraine. Working inventories Continue Reading
U.S. President Joe Biden unveiled a new funding scheme to expand electric vehicle infrastructure across the country. The first round of funding will total $900 million and aims to bolster Continue Reading
RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… Chinese President Xi Jingping met Continue Reading
The number of UK businesses exporting goods to the EU fell 33 percent to 18,357 in 2021, from 27,321 in 2020, according to data from HMRC. Discussing the figures with Continue Reading
The CF Industries Holdings Inc. fertilizer manufacturing complex in Ince, U.K. Photographer: Anthony Devlin/Bloomberg One of Britain’s biggest suppliers of carbon dioxide halted output at a plant in England, further Continue Reading
Europe has successfully headed off an energy crisis for now by taking strong measure to control prices and keep storage tanks of natural gas full heading into winter, France’s ambassador Continue Reading
Oil pumping jacks in an oilfield in Tatarstan, Russia. Bloomberg News Russia could find new markets for about half of the crude exports that will be banned by the European Continue Reading
Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday. Two Continue Reading
Underlining Russia’s widening isolation on the world stage, Prime Minister Narendra Modi of India told President Vladimir V. Putin on Friday that it is no time for war — even Continue Reading
Global oil demand continues to lose momentum due to China’s economic weakness and a slowdown in countries of the Organization for Economic Cooperation and Development, the International Energy Agency said Continue Reading
Oil steadied on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase balanced supply concerns. The International Energy Agency said Continue Reading
