Authored by Amy Gamm via The Epoch Times, A group of investors representing over $1.5 trillion in assets under management sent demand letters on Feb. 7 to five of Europe‘s biggest banks, calling on them […]
OPEC’s top official urged countries to invest much more in oil to meet the world’s future energy needs and said climate policies need to be more “balanced and fair.” “It is imperative that all parties […]
Saudi Aramco’s top official warned Sunday that an increased focus on climate was undermining investment in oil and gas to the point where it now posed a threat to the world’s energy security. Global investments […]
The second-largest U.S. liquefied natural gas (LNG) export facility was knocked offline by a fiery blast last June and operations halted while regulators review operations and staffing. When fully running, Freeport LNG processes about 2 […]
UAE-headquartered offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs for operations offshore Egypt. Shelf Drilling revealed on Thursday, 9 February 2023, that it had received a one-year contract […]
President Joe Biden continues his pursuit of the generation of electricity from wind turbines and solar panels while simultaneously moving to rid the world of fossil fuels. He has a short memory of petrochemical products […]
Nigeria, like many African countries, is at a crossroads. Although endowed with immense natural resources, energy access, and security remain primary concerns even as the debate for energy transition creates more worries. With a debt […]
Do-over! Critics who hate the state’s new rooftop solar rules — which slash the amount that future rooftop solar owners will get for exporting power to the grid — are demanding a rehearing before the California Public Utilities Commission. […]
Summary Oil rally to $100 not ruled out by OPEC sources So far in 2023 Brent is up slightly at just over $86 China demand rebound, lack of sizeable supply growth key drivers Some OPEC […]
Oil posted its largest weekly gain in four months after Russia followed through on a threat to cut production in response to western energy sanctions. Moscow says it will reduce output by half a million […]
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