The Committee emphasized the ongoing positive contributions of the Declaration of Cooperation (DoC) in supporting a rebalancing of the global oil market in line with the historic decisions taken at the 10th (Extraordinary) OPEC and non-OPEC […]
Oil shipments from OPEC’s Persian Gulf producers slipped last month, even as output restrictions were eased and production volumes increased. Combined shipments of crude and condensate — a light form of oil extracted from gas fields — from Saudi […]
Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley. The fossil fuel will be supplanted largely by renewables, […]
As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most important thing they can do. No more insurance, no more coal. It’s something Sunrise […]
NIGERIA Group Managing Director of the Nigerian National Petroleum Corporation Alhaji Mele Kolo Kyari disclosed the Federal Government’s plan to expand access to Liquefied Petroleum Gas (LPG), or cooking gas, for rural dwellers to replace […]
Energy News Beat Publishers Note: This is great news if they do hit the compliance numbers. My question is how do we know that the large volumes being shipped to China in unregistered tankers is […]
Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]
American oil executives began a pushback against some of President Joe Biden’s climate policies by making the case that fossil fuels from U.S. shale have a lower carbon footprint than imports. Since taking office this […]
President Joe Biden enlisted the entire U.S. government in the fight against climate change on Wednesday, even telling the Central Intelligence Agency to consider global warming a national security threat. Yet he left out coal […]
London — Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later despite the sharp acceleration in COVID-19 infections and new lockdowns which have hit energy consumption […]
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