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Crude
Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent
Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm …
Crude
Chevron Spills 800,000 Gallons Of Oil, Water In Central California
California authorities are preparing to start cleaning up an oil spill that dumped nearly 800,000 gallons of oil and water into a Kern County canyon.
Greenhouse Gas Emissions
Energy Efficiency is the Most Cost-effective Way to Achieve Economic Growth
What is energy efficiency? Energy efficiency, means using less energy to provide the same level of energy. It is therefore one method to reduce human greenhouse…
Nuclear Power Plant
Warsaw is Pushing Hard for New Gas and Nuclear Plants
Replacing Poland’s obsolete coal power fleet is a top political priority for the country, both for environmental and energy security reasons.
Oil & Gas Trade
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…
Oil&Gas Drilling
EU Threatens Sanctions on Turkey over Cyprus Drilling
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for gas and oil off Cyprus and…
Greenhouse Gas Emissions
The UK Government has Announced an Ambitious Clean Maritime Plan
The UK government has announced an ambitious clean maritime plan, committing its fleet to cutting greenhouse gas emissions.
Crude
To Avoid Excess Stock Buildup, Saudi Oil Output to Remain Below 10 mil b/d
Saudi Arabia's oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an …
Oil & Gas Trade
Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf
Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali…
Gas Turbine
Siemens To Provide Key Components for 840MW Power Plant in Iraq
Global technology company Siemens has received a contract worth €280m ($313m) to deliver key components and long-term power generation services for the 840MW M…
Oil & Gas Trade
Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker
There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a…
Oil & Gas Trade
Ignoring The U.S. Sanctions, Iran Still Provides Oil Futures Contracts to Foreign Partners
Iran is going to offer up to three-year oil future contracts for certain international buyers in an effort to offset the impacts of U.S. sanctions on its oil ex…
China is the Key to Stopping Global Warming
Fulfilling the ultimate goal of the 2015 Paris Agreement on climate change will be impossible without dramatic action from the world's largest emitter of greenh…
LNG
The European Commission' s Latest Reports on Gas and Electricity Markets Covering the First Quarter of 2019
The European Commission’s latest reports on gas and electricity markets, which cover the first quarter of 2019, have just been published, containing a wide ran…
Donald Trump Painted Himself as a Steward of the Environment
In a speech Monday, President Donald Trump painted himself as a steward of the environment, arguing that his policies promote clean air and water while also hel…
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