Mexico's Offshore Oil Investment Set To Plunge Despite Government Pledges
Investment in Mexico's offshore oil sector is set to plunge by 21 percent between 2020 and 2025 compared to previous expectations, as the price crash and the financial issues of?
Iraqi Kurdistan To Defer Payments To Oil Firms As Prices Crash
The semi-autonomous region of Kurdistan in Iraq will defer payments to oil companies operating in the region for the oil sales they had made between November 2019 and February 2020,?
Over 500,000 Clean Energy Jobs Could Be Lost By The End Of June
The world is grappling with one of the most - if not the most - devasting crises of a generation. It's forced people into their homes, cratered the markets and?
China And Malaysia Clash In Highly Disputed South China Sea
Tensions are rising in the disputed South China Sea, where a Chinese survey vessel has been tagging an exploration ship which Malaysia's state oil firm Petronas is operating in the?
Qatar Starts Expansion Drilling At World's Largest Gas Field
Qatar Petroleum has started the development drilling campaign of the North Field East Project to expand the production capacity of the world's biggest natural gas deposit that the tiny nation?
Russia's Oil Revenues Tank Despite Historic OPEC Deal
Due to the oil price crash and the nature of Russia's tax system, the budget of the Russian Federation is set to suffer from low oil revenues despite Sunday's OPEC+?
Can A Trillion New Trees Really Combat Climate Change?
Last month I discussed the announcement by Jeff Bezos, founder, president and CEO of Amazon ? that he would commit $10 billion toward fighting climate?
Shell Looks To Become Net Zero Energy Company By 2050
Oil supermajor Shell?announced?on Thursday its ambition to become a net-zero emissions energy business by 2050 at the latest, joining other majors such as BP and Eni in unveiling plans?
Keystone XL Pipeline Permit Canceled Because Of Fish
A Montana judge canceled a vital permit for the controversial Keystone XL oil pipeline with the argument that the U.S. Army Corps of Engineers failed to consider the effects of?
Power Demand In U.S. Falls To Nearly Two Decade Low
As stay-at-home orders keep businesses shuttered across much of the United States, electricity demand has fallen to a near 17-year low, according to analysts at the Edison Electric Institute (EEI)?