Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]
As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]
Libya’s oil production rebounded to around 1.25 million barrels a day after a major pipeline was fixed, while efforts continued to end a strike that could halt exports at three of the OPEC country’s ports. […]
bp has begun to directly supply gas customers in China with gas from liquefied natural gas (LNG) that it has imported into the country. This is the first time that bp has created a fully […]
With the U.S. campaign of “maximum pressure” now over, Iran’s oil customers may be growing a little bolder. Iranian crude remains subject to American sanctions and exports are still just a fraction of levels seen […]
Energy News Beat Publishers Note: Bloomberg has access to great data, but we are seeing from other sources that the number will be much higher. They will not be under the OPEC+ quota, but rather […]
As the climate is changing, the Arctic is warming four times faster than global averages, causing the circumpolar Jetstream to weaken and move southwards. Consequently, freezing cold air masses – known as the Polar Vortex […]
Energy News Beat Publishers Note: So as we re-join the Pairs Climate Accord, will anyone take that note that China is not on track to keep their Net Zero obligations. It is not the US […]
Iran has achieved record high exports of petroleum products despite U.S. sanctions, Oil Minister Bijan Zanganeh said in televised remarks on Friday. Zanganeh said former U.S. President Donald Trump and his secretary of state, Mike Pompeo, had “joined the dustbin […]
Japan’s petroleum industry called on utilities to keep using oil-fired power plants as backups after the nation’s power market faced a supply crunch amid cold weather, the head of the Petroleum Association of Japan (PAJ) […]
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