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U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. natural gas producers and…

Big Oil’s Carbon Capture Conundrum

Big Oil’s Carbon Capture Conundrum

Energy experts and environmentalists express…

News

Shipping Giants Clash With The EU Over Emissions Plans

Shipping Giants Clash With The EU Over Emissions Plans

Nov 27, 2020 at 10:24 | City A.M

Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to…

U.S. Regulators Launch An Investigation Into Tesla Safety Issues

U.S. Regulators Launch An Investigation Into Tesla Safety Issues

Nov 27, 2020 at 09:43 | ZeroHedge

In what appears to be a continuing spillover from Tesla's recent contested recall of its Model S and Model X vehicles in China…

Pemex Prepares For 2021 Oil Pirce Hedge

Pemex Prepares For 2021 Oil Pirce Hedge

Nov 27, 2020 at 09:28 | Irina Slav

Mexico’s state oil company Pemex is preparing to launch its 2021 oil hedge that will protect its revenues, Reuters reports, citing an unnamed…

Venezuela Resumes Direct Oil Shipments To China

Venezuela Resumes Direct Oil Shipments To China

Nov 27, 2020 at 09:15 | Irina Slav

Venezuela has restarted direct shipments of crude oil to China despite U.S. sanctions, Reuters has reported, citing shipping data and documents from PDVSA.…

UK Energy Giants Back Carbon Trading Over Carbon Tax

UK Energy Giants Back Carbon Trading Over Carbon Tax

Nov 26, 2020 at 12:14 | City A.M

Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In a letter to Boris Johnson,…

Total And Exxon Renegotiate A Major Gas Sharing Deal

Total And Exxon Renegotiate A Major Gas Sharing Deal

Nov 26, 2020 at 11:23 | Tsvetana Paraskova

Supermajors ExxonMobil and Total are renegotiating a natural gas resource sharing deal for their respective liquefied natural gas (LNG) projects offshore Mozambique, Reuters reports

Another Oil Major Is Betting Big On Renewables

Another Oil Major Is Betting Big On Renewables

Nov 26, 2020 at 10:33 | Tsvetana Paraskova

Spain’s oil major Repsol plans to reduce its oil business operations and increase five times its renewable energy portfolio by 2030 as part of its latest

Viral Video Of Water On Fire Reveals A Natural Gas Leak In China

Viral Video Of Water On Fire Reveals A Natural Gas Leak In China

Nov 26, 2020 at 09:25 | Michael Kern

Residents in a natural gas-producing northeastern Chinese province have made a video of tap water being set on fire with a lighter—a video…

Enbridge Sues To Stop Michigan From Shutting Down Pipeline

Enbridge Sues To Stop Michigan From Shutting Down Pipeline

Nov 25, 2020 at 16:31 | Michael Kern

Enbridge filed on Tuesday a federal complaint at a U.S. district court seeking an injunction to stop Michigan’s order for closure of the Line 5 pipeline, arguing that the…

Coal Miners Are Turning Their Backs On Trump

Coal Miners Are Turning Their Backs On Trump

Nov 25, 2020 at 16:11 | MINING.com

Support from coal miners helped Donald Trump win the US presidency four years ago. Now, the leader of the nation’s top mining union is calling on Trump to…

Tourism Industry Set To Recover Sooner Than Expected

Tourism Industry Set To Recover Sooner Than Expected

Nov 25, 2020 at 14:12 | Oxford Business Group

On November 9 US pharmaceutical giant Pfizer and German biotechnology company BioNTech announced that a jointly developed vaccine candidate was effective at preventing more than 90% of test…

Bitcoin Miners Are Starving Entire Cities Of Electricity

Bitcoin Miners Are Starving Entire Cities Of Electricity

Nov 25, 2020 at 14:10 | RFE/RL staff

SUKHUMI -- In the side streets and narrow alleys of Abkhazia’s main city, a low growl and an oily stench are commonplace. Thrumming diesel generators provide power amid rolling blackouts…

Rig Count Rise Fails To Slow The Oil Price Rally

Rig Count Rise Fails To Slow The Oil Price Rally

Nov 25, 2020 at 13:12 | Julianne Geiger

Baker Hughes reported on Wednesday that the number of oil rigs in the United States rose by 10 to 241, resuming its climb after a one-week decline last…

Israel Prepares For A Potential U.S. Military Strike On Iran

Israel Prepares For A Potential U.S. Military Strike On Iran

Nov 25, 2020 at 12:37 | ZeroHedge

With just weeks to go until President-Elect Joe Biden is inaugurated on January 20, Axios reports that Israel is preparing for the possibility…

Oil Tanker Hit By Mine Explosion Near Saudi Arabia

Oil Tanker Hit By Mine Explosion Near Saudi Arabia

Nov 25, 2020 at 11:38 | Tsvetana Paraskova

An oil tanker was damaged in the Red Sea near Saudi Arabia after a mine exploded on Wednesday, the Associated Press reported, citing…

The OPEC Producer Looking To Sell A Stake In Its Oil Company

The OPEC Producer Looking To Sell A Stake In Its Oil Company

Nov 25, 2020 at 11:21 | Tsvetana Paraskova

OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the…

Saudi Arabia Urges The UN To Intervene As Houthi Attacks Persist

Saudi Arabia Urges The UN To Intervene As Houthi Attacks Persist

Nov 25, 2020 at 09:35 | Irina Slav

The United Nations Security Council should “stop the threat” of more Houthi attacks on Saudi energy infrastructure, the Saudi ambassador to the UN said in a letter to the…

Russia Extends Its Lead As China’s Top Oil Supplier

Russia Extends Its Lead As China’s Top Oil Supplier

Nov 25, 2020 at 09:17 | Tsvetana Paraskova

Russia was ahead of Saudi Arabia in the race to be China’s top crude oil supplier in October, according to official Chinese data reported by Reuters. Yet, Chinese imports…

Oil Price Rally Stalls On Large Crude Build

Oil Price Rally Stalls On Large Crude Build

Nov 24, 2020 at 15:53 | Julianne Geiger

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 3.8 million barrels for the week ending November 20. Analysts had…

Colorado Approves Stricter Rules For Oil & Gas Drilling

Colorado Approves Stricter Rules For Oil & Gas Drilling

Nov 24, 2020 at 13:20 | Michael Kern

The Colorado Oil and Gas Conservation Commission (COGCC) approved this week stricter rules for oil and gas drilling, extending the setbacks for oil…

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