Business , International , Renewables

IEA: Reaping Wind At Sea Could Become $1 Trillion Industry

Like shale and solar photovoltaic, wind can be a game-changer, says Fatih Birol.

October 25, 2019

International , Emissions

Trump Confirms Plans To Withdraw US From Paris Climate Accord

Critics say pullout will weaken leadership during global transition to cleaner energy sources.

October 24, 2019

Business , Exploration & Production , International

Chevron Hopeful About Maintaining Venezuela Presence

Chevron Corp. said late on Oct. 18 it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oil company PDVSA as part of Washington's effort to oust President Nicolas Maduro.

October 20, 2019


Hundreds Of Algerians Protest Against Proposed Energy Law

Hundreds of Algerians protested in front of parliament on Oct. 13 against proposed changes to the energy law that they say the caretaker government has no right to pass.

October 13, 2019

Exploration & Production , International

OPEC Chief: Deeper Oil Cut An Option

Cartel’s next meeting will consider its forecast for a weaker-than-expected global economy in 2020.

October 10, 2019


Perry Recommended IHS Markit’s Daniel Yergin, Former Ambassador For Ukraine Reforms: Source

Energy Secretary Rick Perry recommended Ukraine President Volodymyr Zelenskiy's administration talk with Daniel Yergin, Pulitzer Prize winning energy historian and vice chairman of IHS Markit, and Carlos Pascual, a former ambassador to Ukraine, on energy reforms, a U.S. Energy Department official said on Oct. 7.

October 7, 2019

Crude Oil , International

Report: Iran Will Use Every Means Possible To Export Its Oil

Iran will not succumb to U.S. pressure and will use every possible way to export its oil, Iranian Oil Ministry's website SHANA quoted Oil Minister Bijan Zanganeh as saying on Oct. 6.

October 6, 2019


US Justice Department Says Eni Probe Not Closed For Lack Of Evidence, Could Re-Open

The U.S. Department of Justice (DOJ) has described as "misleading" any implication that it had closed a probe into alleged corruption by Italian energy major Eni for lack of evidence and said the investigation could be re-opened if circumstances changed.

October 2, 2019

Trade , International , Tankers

Oil Shipping Rates Soar As US Supertanker Sanctions Rattle Crude Trade

Sanctions levied on Chinese shipper COSCO following charges of moving crude out of Iran.

September 28, 2019


Court Blocks Alberta Law Curbing Energy Flows To British Columbia

A Canadian court on Sept. 24 temporarily blocked legislation enabling the province of Alberta to restrict oil and gas flows to British Columbia, saying the constitutionality of the measure would be decided at a later trial.

September 24, 2019