Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on a benchmark Middle East-to-China route deepened to $6,779 a day on Tuesday. That’s […]
Energy News Beat Publishers Note: These pipelines have a huge impact on the Mediterranean Natural Gas market. This will help some of the EU members to not rely on the Russian Nordstream 2 Pipeline. Greek-Italian […]
India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two […]
Eni (NYSE: E) announced Tuesday that it has reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil & Gas Company. The activities covered by the agreement include interests […]
Cairn Energy Plc reshuffled its portfolio, selling $460 million of assets in the U.K. North Sea and buying projects in Egypt’s Western Desert from Royal Dutch Shell Plc. Both deals, announced Tuesday and seen completing in […]
Energy News Beat Publishers Note: This article from the Brookings Institution has a lot of good information, and is tilted towards the renewable markets. We like seeing all sides to a story and do not […]
A subsidiary of Russian state-owned nuclear technology and electric utility company Rosatom, will establish domestic lithium-ion battery cell and manufacturing facilities, following a deal to acquire 49% of South Korean company Enertech International. Enertech International […]
Energy News Beat Publishers Note: Very cool technology, but at what cost to the consumers vs benefit to the environment? Israeli startup H2Pro joined the race to make cheap green hydrogen after securing investments from funds backed by […]
Denmark has a chance to succeed with its plans of cutting 70% of carbon emissions by 2030 if Prime Minister Mette Frederiksen introduces a new emission fee, the government’s economic advisory council said. A new […]
Energy News Beat Publishers Note: Kind of ironic that the decision to kill the Keystone Pipeline would actually negatively impact the environment, economy, jobs, national security, and our relationship with a great trading partner. The […]
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