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How A Carbon Tax Would Be Implemented

How A Carbon Tax Would Be Implemented

A rather simple solution to…

Stock Market Chaos Sparks Oil Selloff

Stock Market Chaos Sparks Oil Selloff

Global markets took a beating…

News

Oil Prices Rise After API Reports Surprise Crude Oil Draw

Oil Prices Rise After API Reports Surprise Crude Oil Draw

Oct 16, 2018 at 15:55 | Julianne Geiger

The American Petroleum Institute (API) reported a surprise draw of 2.13 million barrels of United States crude oil inventories for the week ending October 12, compared to analyst expectations that…

Mexico’s Incoming President Presses Big Oil To Start Pumping From Recent Finds

Mexico’s Incoming President Presses Big Oil To Start Pumping From Recent Finds

Oct 16, 2018 at 13:54 | Tsvetana Paraskova

Mexico wants Big Oil to start producing from the recently discovered oil fields in Mexico as soon as possible, incoming President Andrés Manuel López Obrador told foreign executives at a…

Refinery Official Sees India Getting U.S. Waiver For Iran Oil Imports

Refinery Official Sees India Getting U.S. Waiver For Iran Oil Imports

Oct 16, 2018 at 13:19 | Tsvetana Paraskova

Mangalore Refinery and Petrochemicals, a subsidiary of India’s Oil and Natural Gas Corporation (ONGC), expects India to receive this month a waiver from the U.S. sanctions on Iranian oil,…

Top UK Firms Pledge Hundreds Of Millions Of Pounds To Fight Climate Change

Top UK Firms Pledge Hundreds Of Millions Of Pounds To Fight Climate Change

Oct 16, 2018 at 12:24 | Tsvetana Paraskova

Major UK companies, including banks and retailers, are pledging to invest hundreds of millions of British pounds to cut their carbon footprint and to support new energies, the UK government…

Quakes In Surrey Unlikely To Be Result Of Oil Drilling

Quakes In Surrey Unlikely To Be Result Of Oil Drilling

Oct 16, 2018 at 11:11 | Irina Slav

A British seismologist has suggested the recent series of earthquakes in Surrey had no causal link to oil drilling activities being carried out in the region. Surrey Live quoted…

200 Dead In Nigeria Oil Pipeline Blast

200 Dead In Nigeria Oil Pipeline Blast

Oct 16, 2018 at 08:21 | Irina Slav

The number of casualties after an oil product pipeline explosion in Nigeria has reached 200, local media report, as people from local communities have gathered to protest the negligence…

Nigeria Shuts Key Gasoline Pipeline After Fire Kills Dozens

Nigeria Shuts Key Gasoline Pipeline After Fire Kills Dozens

Oct 16, 2018 at 08:15 | Tsvetana Paraskova

The Nigerian National Petroleum Corporation (NNPC) has shut down a key oil product pipeline after late last week a fire broke out along the pipeline route, which the company…

Libya’s Oil Firm May Halt Zawiya Refinery Due To Insecurity

Libya’s Oil Firm May Halt Zawiya Refinery Due To Insecurity

Oct 16, 2018 at 08:10 | Tsvetana Paraskova

Libya’s National Oil Corporation (NOC) warned on Sunday that it could suspend operations at the Zawiya oil refinery if competent authorities fail to address recent security incidents at the…

India Set To Miss Its 2022 Renewable Energy Targets

India Set To Miss Its 2022 Renewable Energy Targets

Oct 15, 2018 at 12:56 | Tsvetana Paraskova

Although government support of renewables in India remains strong, the country faces “a myriad of challenges,” which will likely result in India falling short of its own renewable energy targets…

Protesters Block Site Where Fracking In UK Resumes After 7 Years

Protesters Block Site Where Fracking In UK Resumes After 7 Years

Oct 15, 2018 at 12:03 | Tsvetana Paraskova

Protesters gathered on Monday morning outside a drilling site in northwest England, where fracking is returning for the first time in seven years, after a last-minute request for…

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