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Crude
Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight
The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand gro…
Climate Policy
Coronavirus And Global Supply Chain Disruption: A Wake-Up Call For Climate Policy?
Coronavirus has slowed down economic activity and temporarily reduced China’s carbon emissions. However, there is a deeper implication for climate policy: deca…
Crude
OPEC’s Pact with Russia Falls Apart, Sending Oil Into Tailspin
A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavi…
Oil & Gas Trade
OPEC+ Stuck Yet Again as Saudi Arabia and Russia Disagree on Output Cuts
The OPEC+ found itself stuck yet again, after a day of talks that ended with its two most important members split over whether they should deepen production cut…
Oil & Gas Trade
Saudis Lobby for Million-Plus-Barrel OPEC Cuts, Extending Oil’s Gains
Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than OPEC’s technical committee recommended a day earlier.
UK Carbon Emissions Fall 28 Per Cent in a Decade, New Data Shows
UK carbon emissions fell by almost three per cent last year, topping off a decade of deep decarbonisation which has left CO2 at its lowest level since the Engli…
Invited for Deep Cycle Electrical Savings for the Authority S Projects
Tender are Invited for Provide Deep Cycle Electrical Savings for the Authority S Projects
Crude
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit…
Nuclear a Major Focus in Trump’s Latest Budget Request—and 8 Other Takeaways
Yucca Mountain, the 1987 Congressionally appointed deep geologic repository for spent nuclear fuel (SNF), may be officially dead; transmission assets held by th…
Crude
Russia Still Elusive On Deeper OPEC+ Oil Production Cuts
Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the cor…
Oil & Gas Trade
Russia Still Studying Proposed Deeper Opec+ Output Cuts: Novak
Russia is still studying proposed deeper oil output cuts by the Opec+ grouping of top producers prompted by the new coronavirus outbreak in China, Energy Minist…
New Technology
Geothermal Energy: Drilling a 3,000-Meter-Deep Well
Geothermal energy is an efficient, non-polluting solution but in certain cases geothermal operations must be handled with care.
Crude
Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact
Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…
Oil & Gas Trade
OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting
The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…
Oil&Gas Drilling
China Finds Oil In Asia’s Deepest Onshore Well
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-s…
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