Energy News Beat Publishers Note: The environment would have been dramatically less impacted transporting the oil through the Keystone Pipeline rather than rail cars. Pipelines are needed for the migration to “Green” and are overlooked […]
China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal-fired power plants. The […]
Mexico City: Mexican state energy giant Pemex on Friday reported a loss of around $23 billion in 2020 as it grappled with a slump in oil demand caused by the coronavirus pandemic. The company said it had […]
Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to […]
Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are […]
Imports from Opec members averaged 336,000 b/d in December, down by 237,000 b/d from the previous month and a decline of nearly 1mn b/d from a year earlier. It marked the lowest monthly average for […]
Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout. The Electric Reliability […]
Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said on Thursday, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom. Moscow has for years said […]
The New York Stock Exchange on Friday decided to begin formal delisting of Chinese state oil giant CNOOC Ltd based on an update to an executive order signed by former U.S. President Donald Trump in […]
Energy News Beat Publishers Note: With China holding 80% of the rare earth minerals, and the lack of support to fight regulations in strip mining in the US, there seems to be some heavy lifting […]
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