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Oil Shale
U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA
U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En…
Paris Climate Agreement
Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement
U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and…
Solar Power Plant
US Large-Scale Solar On Track for a Record 2020
New Solar Market Insight report shows that, coronavirus-related hiccups aside, the utility-scale solar sector is set for growth.
China
Climate Change may Help the U.S. and China Find Common Ground Under a Biden Administration
A common interest in combating climate change could be catalyst for the Biden Administration to re-engage with China.
United States
U.S. Department of Energy to Support America's New National Space Policy
The Trump Administration announced the release of the National Space Policy, which advocates for developing and deploying nuclear power and propulsion systems o…
Oil Pipeline
U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%
The final tariff rate is almost three times the preliminary tariff rate.
Oil & Gas Trade
Iran Prepares For Oil Export Boost
Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations wi…
Oil & Gas Trade
Alaska’s Oil Exports Double Amid Strong Chinese Demand
While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…
Coal Mine
U.S. Coal Output Capacity Has Plunged 28% Since 2009 Peak
Declining coal demand across several sectors, especially electricity generation, has led to a 28-percent slump in U.S. coal mining productive capacity since the…
Net Zero Emission
Biden Plan to End U.S. Fossil Fuel Subsidies Faces Big Challenges
Doing so could be hard, even though Biden spent 36 years in the Senate where he is known as a dealmaker.
RCEP
Video: What Changes will the RCEP Negotiations Breakthrough Bring to the world?
Trade talks between China and the U.S. appear to have been constructive during the past two weeks.
Crude Oil
U.S. Briefly Became Net Petroleum Importer This Year
The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Oil&Gas Drilling
Baker Hughes Reports US Rig Rebound
The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. reported Wednesday.
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