LONDON: OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s plan to […]
A small U.S. solar company, GAF Energy, said on Tuesday it would move its manufacturing out of Asia to a new facility in Silicon Valley as it seeks to develop a next-generation technology to integrate solar panels with roof […]
NEW YORK: The industry group representing oil and gas companies including Exxon Mobil Corp and Chevron Corp said on Thursday it supports a carbon price as one measure to mitigate climate change risk. Oil and gas trade group the American […]
KYIV: Ukraine has imposed control on retail petrol and diesel fuel prices in an attempt to halt rising inflation, the government said on Tuesday. The oil products were added to the list of socially important goods and retailers must […]
Thermal coal futures in China surged to a record high as a severe supply crunch overpowered the exchange’s effort to cool down the breakneck price rally. Prices have rallied 34 per cent so far this year as miners […]
The Port of Corpus Christi is getting into the green hydrogen game. The port on Tuesday announced it has entered into a nonbinding Memorandum of Understanding with Ares Management Corp. to develop renewable energy infrastructure on […]
(Reuters) – U.S. oil and gas producer Occidental Petroleum said federal drilling permits are moving forward in the Permian Basin shale field following a federal pause this year, but a longer-term ban could hurt U.S. […]
Colonial Pipeline, a major delivery system spanning from the U.S. Gulf Coast to the East Coast for transportation fuels and other refined petroleum products, halted operations on Friday, May 7, to contain the effects of […]
When Chancellor Angela Merkel announced that Germany will aim to reach net-zero emissions by 2045, Frank Peter was surprised. His think tank, Agora Energiewende, had only a week before published an in-depth report laying out a path to accomplishing that […]
Sovereign wealth funds are upping their investments in the energy transition. The custodians of national wealth invested $2.3 billion in 2020 in sectors important to combating climate change, including forestry, renewable energy and so-called agritech, […]
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