London — Policy will continue to be a key driver of the European biodiesel market through 2021, with the revised Renewable Energy Directive (REDII) setting the EU policy framework until 2030. EU biodiesel consumption to recover […]
Osaka, 23 December (Argus) — Hydrogen is gaining momentum as a clean energy source in Japan after the country pledged to achieve carbon neutrality by 2050. The net-zero target is expected to further drive Japan’s […]
Iranian Oil Minister Bijan Zangeneh described Russia as a strategic partner and welcomed Russian investment in Iran’s energy sector. “We identify Russia as a strategic partner, and this partnership is not something that can be […]
Drilling operations of the first well of the game-changing but highly-controversial Phase 11 of Iran’s supergiant South Pars non-associated natural gas field officially began last week. Significant gas recovery from the enormous resource will commence […]
Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]
Singapore, 21 December (Argus) — After having to adjust to both the Covid-19 pandemic and implementation of the global 0.5pc sulphur cap on marine fuels, the marine industry is now shifting its attention to accommodating […]
Millions of Chinese are suffering severe power supply problems, brownouts and blackouts. According to media reports the problems have been caused by fuel shortages, following Chinese President Xi Jinping’s embargo of Australian coal imports. Beijing’s […]
OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]
While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]
After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]
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