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2019
Oil Price
Oil Prices Rise Over $2 On Drawdown In U.S. Crude Stocks
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantHOUSTON, Dec…
Crude Oil
Oil Rises On Hopes For China's Economy; Recession Fears Limit Gains
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantNEW YORK, De…
Oil & Gas Supply
Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol
A gas station worker fills up a car's tank with ethanol in Cuiaba, Brazil, October 2, 2019. REUTERS/Marcelo TeixeiraSAO PAULO, Dec 15 (Reuters) - A settleme…
Net Zero Emission
Tourism Sector Must 'Decouple' Growth Rate from Energy Consumption for Greener Future
Between 2010 and 2019, the sector’s GDP grew 4.3% annually while its climate footprint rose by 2.4%, WTTC says
Wind Farm
Mercury to Build $115M Wind Farm in New Zealand
The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…
Solar Power Plant
Iberdrola Toasts First Portuguese PV Commissioning
Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.
Crude Oil
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…
ReNew Refinances Dollar-Denominated Bonds
It issued $525m bonds in 2019 that will mature in 2024.
United States
Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel
A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…
LNG
Dutch Limit Gas Production at Groningen Despite Energy Crisis
The Dutch state announced in 2019 that Groningen output would end by October 2022 to limit seismic risks in the region, with gas only to be extracted thereafter…
Electric Car
California Can Set Rules on Electric Vehicles, Emissions -U.S. EPA
The U.S. Environmental Protection Agency (EPA) on Wednesday restored California's ability to set its own zero-emission vehicle sales mandate and tailpipe emissi…
Banks Haven’t Quit Coal. Study Says Commercial Lenders Have Channeled $1.5 Trillion to the Industry Since 2019
Banks and investors have channeled massive sums of money to support the coal industry in recent years, according to new research, propping up the world’s dirti…
Nuclear Reactor
Nuclear Power’s Future Is Looking Brighter
Between 2009 and 2019, global consumption of renewable energy grew at an annual average of 13.4%. Over that time, renewable energy consumption grew from 8.2 exa…
Solar Power Plant
Greece’s Coal Phase Out Enters Shaky Ground
Greece’s government announced in September 2019 that it aims to phase coal out of its electricity mix by 2028 at the latest.
Saudi Arabia
TotalEnergies Dives Deeper into Saudi Downstream
State-controlled Saudi Aramco and TotalEnergies have launched two new fuel service stations in Saudi Arabia, the first since the pair set up a joint venture to …
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