The Biden administration has no plans to change its sanctions policy toward Venezuela without positive actions from President Nicolas Maduro’s government, the National Security Council said after a report that the US would scale down […]
Mediterranean-focused Energean has made a commercial gas discovery at the Hermes exploration well offshore Israel, with recoverable resources estimated at 7-15 Bcm, it said Oct. 6. Energean, which is expected to start production from its […]
Essay by Eric Worrall According to The Atlantic, the IRA costs are just estimates. For many items there are no limits on the magnitude of federal climate subsidies available. The Climate Economy Is About […]
Asian refiners are poised to conduct rigorous discussions and negotiations with major Middle Eastern crude producers in an effort to secure a steady inflow of Persian Gulf supplies on a longer term contractual basis amid […]
HELSINKI/BRUSSELS, Oct 5 (Reuters) – Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International […]
Cheap US natural gas shipments to Europe are a thing of the past, Texas-based Tellurian’s cofounder said. Inflation means suppliers are looking at paying twice as much to ship LNG, Charif Souki said Tuesday. The […]
Key takeaways Oil prices dropped negative at the height of the pandemic thanks to lockdowns. Oil companies were unprepared when lockdowns were removed and the government provided stimulus money to citizens. A handful of events, […]
The Renewable Energy Association of Nigeria (REAN) has put the total cost of unreliable electricity in Nigeria at over $25 billion. Due to the frequent collapse of the national grid and the comatose grid electricity supply, REAN has […]
MOSCOW, Oct 4 (Reuters) – The operators of two Baltic Sea gas pipelines that linked Russia and Germany until they both sprang major leaks last week said they were unable to inspect the damaged sections […]
An annual update from Urgewald and 40 partner NGOs found that 46% of companies on its Global Coal Exit List were pursuing new coal power plants, coal mines or new coal transport infrastructure. “Investors, banks, […]
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