Charles Kennedy

Latest articles from Charles

• Japan Bets Big On Hydrogen For Zero-Emission Future

  Published 09 November 2020 | viewed 4,178 times

  Japan is planning to reduce its dependence on fossil fuels by replacing them with hydrogen, Bloomberg reports, citing a project by Kawasaki Heavy Industries—the only…

• Coal Consumption In U.S. Electricity Sector Plunges 30%

  Published 06 November 2020 | viewed 20,034 times

  Competition from record-low natural gas prices and reduced power demand in the lockdown in the spring sent coal consumption in the U.S. power sector down…

• Trump Replaces FERC Chairman In Surprise Move

  Published 06 November 2020 | viewed 9,837 times

  President Donald Trump surprised many this week with the removal of Neil Chatterjee from the post of chairman of the Federal Energy Regulatory Commission. Chatterjee…

• India Wants OPEC To Fix Asian Oil Pricing Anomaly

  Published 05 November 2020 | viewed 5,923 times

  India wants OPEC to review its pricing policies for the Asian market and end the premium it puts on its crude for Asia, Indian Oil…

• Turkey Expands Gas Drilling In The Black Sea

  Published 05 November 2020 | viewed 3,001 times

  After announcing a major natural gas discovery in the Black Sea earlier this year, Turkey has started drilling for gas at a second location in…

• Apache To Drill New Well Offshore Suriname

  Published 05 November 2020 | viewed 5,536 times

  Despite the industry-wide downturn, Apache Corp plans to drill a fifth well in Block 58 offshore Suriname, the company said in its third-quarter financial report,…

• Stocks Of Major Wind Turbine Makers Slump Amid Election Uncertainty

  Published 04 November 2020 | viewed 4,438 times

  Shares of major wind turbine manufacturers slumped on European markets on Wednesday as the U.S. presidential election—with the two candidates differing strongly on energy policy—continued…

• Model 3 Production Brought Tesla To Brink Of Bankruptcy

  Published 04 November 2020 | viewed 6,105 times

  Tesla came to the brink of bankruptcy before it launched the Model 3, chief executive Elon Musk said in a Twitter conversation. In a thread…

• The U.S. Officially Quits The Paris Climate Agreement

  Published 04 November 2020 | viewed 4,491 times

  As of Wednesday, the United States has officially left the Paris Agreement, as U.S. President Donald Trump promised in 2017. On November 4, 2019, the…

• Drop In Saudi Oil Exports Keeps OPEC+ Shipments Flat In October

  Published 03 November 2020 | viewed 2,725 times

  A 386,000-barrel-per-day (bpd) cut in Saudi Arabia’s crude oil shipments kept total seaborne exports of the OPEC+ group stable in October compared to September, although…

• China Looks To Boost Oil Exploration, Expand Oil & Gas Storage

  Published 03 November 2020 | viewed 5,855 times

  China plans to further increase oil and gas exploration and accelerate the construction of more oil and gas storage infrastructure, state news agency Xinhua reported…

• Aramco's Q3 Profit Slumps 45%

  Published 03 November 2020 | viewed 3,318 times

  Aramco reported a net profit of $11.8 billion for the third quarter of 2020, down by 44.6 percent on the year as low oil prices…

• Russia Discusses Three-Month Extension Of OPEC+ Oil Production Cuts

  Published 02 November 2020 | viewed 6,826 times

  The top executives of Russia’s oil companies discussed on Monday the future of the OPEC+ deal with Russian Energy Minister Alexander Novak, including an option…

• Russia’s Energy Minister Discusses OPEC+ Deal With Local Oil Firms

  Published 02 November 2020 | viewed 4,556 times

  Russia’s Energy Minister Alexander Novak is meeting with executives of Russia’s oil companies on Monday to discuss the OPEC+ production cut deal, Russian media reported.…

• Trump Signs Order To Protect Fracking

  Published 02 November 2020 | viewed 13,610 times

  President Donald Trump has signed an order aimed at protecting the shale oil and gas industry, he said in a tweet. “Just signed an order…

• Kurdistan Halts All Oil Exports After Attack

  Published 30 October 2020 | viewed 39,961 times

  The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline earlier…

• Western Europe’s Biggest Oilfield Set To Increase Production

  Published 30 October 2020 | viewed 8,516 times

  The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised the Q4…

• Traders Look To Store Diesel At Sea As Second Wave Hits Demand

  Published 30 October 2020 | viewed 6,938 times

  In another sign that the second coronavirus wave is hitting fuel demand, oil trading firms are looking for new supertankers to use them as floating…

• U.S. Sells Seized Iranian Oil

  Published 30 October 2020 | viewed 11,796 times

  The United States has sold crude oil seized from four Iranian tankers earlier this year for some $40 million the AFP reports, citing a U.S.…

• Venezuela Refinery Explodes

  Published 29 October 2020 | viewed 25,530 times

  A refinery in northern Venezuela suffered a blast yesterday, and ousted leader Nicolas Maduro—still clinging to power—has stated it was a terrorist attack with a…