Iceland is a leader in…
Governments and businesses are exploring…
Easing Inflation Sparks Bullish Sentiment…
Big Oil divested assets worth $198 billion in the five years to 2020, BloombergNEF has calculated, but has not used the proceeds to invest in green energy. Instead, the…
Coal prices in Europe have soared to a nine-year high due to a combination of increasing demand and supply constraints. Prices for front-year coal futures on…
ExxonMobil has started marketing gas assets in the Fayetteville Shale in Arkansas, the US supermajor’s spokeswoman Julie King told Reuters on Wednesday. Since before the pandemic, Exxon has been…
The Midland basin in Texas produced an average of 1.68 million barrels per day (bpd) of crude oil last year, accounting for 15 percent of all crude output in America,…
The increased investments of international oil majors in renewable energy projects are diminishing the returns of the pure clean energy firms, especially combined with a surge in raw material prices…
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 816,000 barrels for the week ending August 6, bringing the total 2021 crude draw so…
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day (bpd) because pumping crude at an oilfield had to be reduced because of a leak in a pipeline,…
Reduced hydropower output in Iran amid a water scarcity has prompted Tehran to suspend electricity exports to neighboring Iraq, which relies on Iranian power and gas supply, Iraq’s Electricity Minister…
India is considering tax cuts for imported electric vehicles following lobbying from Tesla, Reuters has reported, citing two senior government officials. According to the sources who wished to remain…
Giving up oil and other fossil fuels is "patently unrealistic", Alberta Premier Jason Kenney said in comments on the IPCC climate report released yesterday, which warned that humankind's window for…
Operations at 53 shuttered coal mines in China will once again come to life, as China struggles to keep up with increased power demand, according to a statement by the…
The federal government of Iraq and the semi-autonomous region of Kurdistan pledged on Sunday to cooperate in resolving their differences in energy issues, hoping to turn “a new page”…
Security forces from Rwanda and Mozambique have taken the Mozambican port city of Mocímboa da Praia from insurgents, whose attacks in the area forced France’s giant TotalEnergies to suspend a…
Resources to accelerate the energy transition and boost U.S. clean energy manufacturing and transportation are part of a $3.5-trillion budget resolution Senate Democrats announced on Monday, with a view…
After falling to a 2021 low in June, crude oil imports to China began to recover last month as refineries exited maintenance season. Average daily imports stood at 10.07 million…
Electric cooperatives are still relying on coal for about a third of their output, the Wall Street Journal has reported, citing the latest data, for 2019. Co-ops, which serve some…
The much-publicized goal of limiting global warming to 2 degrees Celsius above pre-industrial levels will be beyond reach unless the world makes immediate, rapid, and large-scale reductions in greenhouse gas…
Sub-Saharan Africa, especially its largest oil producers Nigeria and Angola, will struggle to raise oil output through the middle of this decade, as international majors are shifting their investment priorities,…
China started this week construction work on a new US$17-billion nuclear power plant project, for which it will install Russian nuclear reactors at the Xudabao project in northeastern China,…
China is requiring its top power companies and local authorities to update the government monthly on the progress they are making with building and installing renewable energy capacity as Beijing…