Saturday evening a large fire and a strong explosion rocked an Iranian steel mill in Zarand, Kerman Province, in the third such incident in less than a week. Officials said that after hours of battling […]
OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, according to a senior executive at the world’s biggest independent oil trader, Vitol Group. The decline in U.S. drilling and output […]
President Biden has taken steps to restore criminal penalties for the accidental killing of migratory birds, a move that if adopted as expected later this year would add pressure to wind power developers who are […]
Energy Workforce and Technology Council data on oilfield services jobs, 2019 – 2021. American energy technology and services sector employment increased by an estimated 9,707 jobs in May, according to preliminary data from the Bureau […]
Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]
Ecuadorean state-owned oil company Petroecuador declared Wednesday ‘force majeure’ on all crude oil trading operations and other contractual obligations that the firm maintains due to ongoing protests against Lenin Moreno’s government across the country. ‘Force […]
Oil companies’ mega expansion plan has collided with the pandemic, creating for petrol pumps a double whammy of increased competition and collapsing fuel demand. In two years, companies have added around 12,500 pumps, increasing the country’s fuel […]
Iran’s Supreme Leader Ayatollah Ali Khamenei said on Friday that Tehran wanted action and not promises from six world powers for the revival of their 2015 nuclear deal. “I have told our negotiators that actions, not promises (by the […]
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the globe. The Organization of the Petroleum […]
Turkish President Tayyip Erdogan is expected to announce a new gas discovery in the Black Sea on Friday, state-owned Anadolu news agency reported late on Thursday. In an interview with state broadcaster TRT Haber on Tuesday, Erdogan said he would announce “good news” […]
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