Charles Kennedy

Latest articles from Charles

• Houthis Advance On Oil-Rich Province In Yemen

  Published 26 July 2021 | viewed 1,044 times

  The force of the Yemeni Houthis are advancing towards the country's oil-rich Shabwah province, Iran's Fars News reported this weekend, adding that the advance was…

• Deadly Typhoon Threatens Strategic Chinese Oil Hub

  Published 23 July 2021 | viewed 3,025 times

  The In-fa typhoon, which caused devastating flooding in parts of China this week—claiming at least 33 lives—is expected to make landfall this weekend in a…

• Startup Unveils Frugal Iron-Based Energy Storage

  Published 22 July 2021 | viewed 1,664 times

  Form Energy, a startup developing energy storage solutions, said on Thursday that it had developed an iron-air battery chemistry that could help incorporate more renewable…

• Saudi Arabia Wants To Pump ‘Every Last Molecule Of Oil’

  Published 22 July 2021 | viewed 6,904 times

  After two weeks of impasse, the recent OPEC+ agreement has put Saudi Energy Minister Prince Abdulaziz bin Salman in the spotlight again for the power…

• China Wants A Piece Of The $30 Billion Shipping Fuel Market 

  Published 21 July 2021 | viewed 841 times

  China has been raising its marine fuel sales in recent years, aiming to grow its share of Asia’s large bunkering market, which is valued at…

• U.S. Requires Critical Pipelines To Beef Up Cybersecurity

  Published 20 July 2021 | viewed 1,567 times

  The U.S. Department of Homeland Security issued on Tuesday a new security directive requiring owners and operators of critical oil and gas pipelines to implement…

• Halliburton Q2 Profit Beats Estimates As Oil Markets Improve

  Published 20 July 2021 | viewed 1,964 times

  Improved North American and international markets for drilling, completion, and production helped oilfield services provider Halliburton Company (NYSE: HAL) book a higher net profit for…

• Chevron’s Carbon Capture Project Falls Short Of Requirements

  Published 20 July 2021 | viewed 2,077 times

  The world’s largest oil firms may need to be careful relying on carbon capture and storage to reduce emissions from operations as much as they…

• Saudi Arabia Boosted Crude Oil Exports To 4-Month High In May

  Published 19 July 2021 | viewed 3,008 times

  The world’s top oil exporter, Saudi Arabia, raised its crude oil exports in May to the highest level in four months after OPEC+ decided in…

• Coal-Based Bitcoin Mining Jumps In Kazakhstan Amid China’s Ban

  Published 18 July 2021 | viewed 1,868 times

  Bitcoin mining continues to rely predominantly on electricity generated from fossil fuels despite the heightened attention to the climate toll of crypto mining. Kazakhstan, where…

• Another Major Firm Quits Oil Drilling In Great Australia Bight

  Published 16 July 2021 | viewed 2,711 times

  After European and U.S. supermajors quit exploration for oil and gas in the Great Australian Bight, now Santos and Murphy Oil relinquished on Friday their…

• Weak Fuel Demand Sends India’s Oil Imports To 9-Month Low

  Published 16 July 2021 | viewed 4,871 times

  Indian refiners imported in June 2021 the lowest volume of crude oil in nine months, as purchases slowed down in April and May when India…

• Oil Suffers Double Whammy In Weakest Week Since March

  Published 16 July 2021 | viewed 29,993 times

  Oil prices are likely to record their worst week since March under the double blow of additional OPEC supply coming to markets and unfavorable fuel…

• EU Court Says Russia Should Limit Gas Supply To Europe

  Published 15 July 2021 | viewed 1,876 times

  The Court of Justice of the European Union upheld on Thursday a lower tribunal's ruling which had said that Russia's access to the OPAL gas…

• China To Tap Coal Reserves As Prices Soar

  Published 15 July 2021 | viewed 5,173 times

  China is set to release another 10 million tons of coal from its reserves to prevent shortages amid soaring coal prices and tight supplies in…

• Chinese Refineries Shatter Records In June

  Published 15 July 2021 | viewed 4,474 times

  China’s refineries processed a record amount of crude oil last month, at 14.8 million bpd, up by 3.9 percent from May when run rates also…

• U.S. Looks To Slash Long-Duration Energy Storage Costs By 90% By 2030

  Published 14 July 2021 | viewed 2,545 times

  The U.S. Department of Energy announced on Wednesday a new goal to support the increased rollout of more wind and solar power in the grid…

• Nigeria May Finally Approve New Oil Bill After 2 Decades Of Work

  Published 14 July 2021 | viewed 1,350 times

  Africa's largest oil producer and exporter, Nigeria, is expected to pass its new petroleum bill—twenty years in the making—as early as Wednesday, despite last-minute amendments…

• Shell's Brazilian JV Seeks $13.5 Billion Valuation In IPO

  Published 14 July 2021 | viewed 987 times

  A joint venture between Royal Dutch Shell and Brazil’s Cosan is seeking a valuation of up to $13.5 billion (70 billion reais) when it lists…

• The World’s First Small Nuclear Reactor Is Now Under Construction

  Published 13 July 2021 | viewed 36,990 times

  China National Nuclear Corporation (CNNC) launched on Tuesday the construction of the first onshore small nuclear reactor in the world, in its efforts to gain…