MOSCOW (Bloomberg) –The world’s largest petrostates rejected calls for a rapid shift away from oil and gas, warning that starving the industry of investment would harm the global economy. His warnings were echoed by the […]
Oil firms expect to spend 4.8 percent more on oil and gas operations offshore Norway in 2021 compared to the previous estimate three months ago, thanks to more fields coming on stream, Statistics Norway said in its […]
For oil traders, the biggest question in the market is how fast OPEC and its allies will revive production later this year. Next week they may get some clues. When it meets on Tuesday, delegates […]
By taking unprecedented action that transforms how energy is produced, transported, and used, the world can eliminate net emissions of carbon dioxide by 2050, according to a report released today by the International Energy Agency (IEA). The […]
The International Energy Agency, which has stepped up its efforts to become a major green energy supporter, appears to have forgotten the reason it was set up as an agency in the first place. In its […]
The UK will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit […]
Energy News Beat Publishers Note (ENB): The IEA has a beautiful report, but at first blush, the numbers do not add up. Promising millions of “Green Jobs” has not worked in the past, and needs […]
New York: Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and singling out carbon emissions from bitcoin mining for particular […]
Global energy demand is set to increase by 4.6 per cent in 2021, more than offsetting the 4 per cent contraction in 2020 and pushing demand above 2019 levels, the International Energy Agency (IEA) has said in a […]
Energy News Beat Publishers Note: (ENB): Net Zero is a buzzword around the world. While it may be an important goal, it would be great if healthy dialogues would occur. The less fortunate countries with […]
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