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Expect A Strong Year For Oil Discoveries

Expect A Strong Year For Oil Discoveries

Despite the kickback from the…

Hydrogen Costs Could Be Set To Plunge By 50%

Hydrogen Costs Could Be Set To Plunge By 50%

Hydrogen, while still expensive today,…

Is This The Death Knell For Nuclear?

Is This The Death Knell For Nuclear?

Nuclear energy is a divisive…

News

Ontario Government Warns Residents of Nuclear Incident—Accidentally

Ontario Government Warns Residents of Nuclear Incident—Accidentally

Jan 14, 2020 at 09:40 | Irina Slav

The Canadian government sent out an incident alert for a nuclear plant near Toronto on Sunday, urging residents in the vicinity of the Pickering nuclear power plant to ask the…

World’s Largest Fund Manager Sees Huge Opportunity In Climate Change

World’s Largest Fund Manager Sees Huge Opportunity In Climate Change

Jan 14, 2020 at 09:38 | Tsvetana Paraskova

The world’s biggest fund manager, BlackRock, said on Tuesday it is making sustainability and transparency the center of its investment strategy as it expects investment…

Venezuela’s PDVSA Uses Foreign Partners To Sell Its Crude

Venezuela’s PDVSA Uses Foreign Partners To Sell Its Crude

Jan 13, 2020 at 16:54 | Tsvetana Paraskova

Venezuela’s state-owned oil firm PDVSA is moving to market its crude oil overseas by enlisting its joint venture partners, including U.S. supermajor Chevron, to sell cargoes to buyers in Asia…

Norway Suffers Setback In Quest For Arctic Oil Discoveries

Norway Suffers Setback In Quest For Arctic Oil Discoveries

Jan 13, 2020 at 16:27 | Tsvetana Paraskova

One of the most active companies on the Norwegian Continental Shelf, Lundin Petroleum, said on Monday that it had revised downwards its resource estimate for a recent discovery in…

UK’s Second Largest City Takes Radical Measure To Curb Pollution

UK’s Second Largest City Takes Radical Measure To Curb Pollution

Jan 13, 2020 at 15:52 | Tsvetana Paraskova

The second-largest city in the UK, Birmingham, unveiled on Monday a plan to reduce air pollution and carbon emissions by limiting access of private cars to the city center.…

Tesla Shoots Past $500-Mark

Tesla Shoots Past $500-Mark

Jan 13, 2020 at 15:44 | Julianne Geiger

Tesla (NASDAQ: TSLA) stock shot up over 8% to over $500 on Monday, reaching $516.83 (+$38.67) by 2:30pm EST as bullish sentiment for the electric car manufacturer takes on a…

Mnuchin: US Works With China To Cut Off All Iranian Oil Imports

Mnuchin: US Works With China To Cut Off All Iranian Oil Imports

Jan 13, 2020 at 11:18 | Tsvetana Paraskova

The United States is working closely with China to have it cut off altogether imports of Iranian crude oil, as the U.S. steps up sanctions pressure on the Iranian regime,…

Aramco Supersizes IPO, Issues More Shares

Aramco Supersizes IPO, Issues More Shares

Jan 13, 2020 at 09:31 | Irina Slav

Aramco has exercised the greenshoe option attached to its initial public offering, issuing another 450 million shares to raise an additional $3.8 billion, the company said as quoted by…

Cyber Threats To North American Power Grid Are Growing

Cyber Threats To North American Power Grid Are Growing

Jan 10, 2020 at 16:07 | Tsvetana Paraskova

Threats of cyber attacks on North America’s electric network systems are growing, industrial cybersecurity firm Dragos said in a new report this week.   This year, the firm has…

South Sudan To Assess Environmental Impact Of Oil Production

South Sudan To Assess Environmental Impact Of Oil Production

Jan 10, 2020 at 12:51 | Tsvetana Paraskova

South Sudan looks to have a full environmental impact audit of all its oil-producing fields and conduct such audits ahead of any new exploration and drilling in the country, the…

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