Oil news
Republicans Declare ‘Coal Week’ as Fossil-Fuel Agenda Goes into Overdrive
    Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to miners and utilities is that federal support is rising for coal as part of an energy-security agenda centered on domestic…  
  
    Categories: Oil news  
Republicans Declare ‘Coal Week’ as Fossil-Fuel Agenda Goes into Overdrive
    Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to miners and utilities is that federal support is rising for coal as part of an energy-security agenda centered on domestic…  
  
    Categories: Oil news  
E-Waste Per Capita: Europe Leads the World
    Every person in the world generates on average around 8 kilograms of electronic waste per year worldwide. However, there are significant regional differences. As Statista's Valentina Fourreau shows in the chart below, using data from the latest E-Waste Monitor, Europe leads the way with around 17 kilograms of electronic waste per inhabitant, while each person in Africa generates only 2.5 kilograms. You will find more infographics at Statista At the same time, Europe has the highest recycling rate at 43 per cent. Asia and Africa have the most catching…  
  
    Categories: Oil news  
Tanker Explosion Off Yemen Deepens Red Sea Security Fears for LPG Trade
    A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…  
  
    Categories: Oil news  
Tanker Explosion Off Yemen Deepens Red Sea Security Fears for LPG Trade
    A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…  
  
    Categories: Oil news  
Tanker Explosion Off Yemen Deepens Red Sea Security Fears for LPG Trade
    A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…  
  
    Categories: Oil news  
What’s Driving the Fall in US EV Adoption?
    In 2017, the CEO of General Motors, Mary Barra, committed the automaker to zero emissions by 2030. “No more gas. No more diesel. No more carbon emissions,” she wrote at the time. Following the lead of Barra of GM, Ford announced in 2018 that it planned to nearly triple its investments in electric and hybrid vehicles by 2022, with plans for 40 new such models… But a series of challenges — cost concerns, sluggish adoption and the reversal in support in Washington — has left the U.S. auto industry with greater uncertainty…  
  
    Categories: Oil news  
Tanker Explosion Off Yemen Deepens Red Sea Security Fears for LPG Trade
    A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…  
  
    Categories: Oil news  
Can the EU Build a New Asian Trade Route to Bypass Russia?
    The European Union kicked off a high-level summit with top officials from Central Asia, the Caucasus, and other neighboring countries on October 20 as the bloc aims to make new inroads in a region where China and Russia wield longstanding influence. At the top of the agenda is the Trans Caspian Transport Corridor – also known as the Middle Corridor – an emerging 6,500-kilometer-long trade route that connects China to Europe through Central Asia and the Caucasus by bypassing Russia. The gathering in Luxembourg is “specifically…  
  
    Categories: Oil news  
Ukraine Strike on Orenburg Plant Exposes Kazakhstan’s Gas Reliance on Russia
    A Ukrainian drone attack that halted gas processing at Russia’s Orenburg complex has underlined how deeply Kazakhstan’s energy system remains tied to Russian infrastructure. The strike, confirmed by Reuters, forced Gazprom to suspend intake from Kazakhstan’s Karachaganak field, cutting its gas output by roughly a quarter. The Orenburg plant, one of the largest of its kind, sits at the heart of a cross-border supply chain. Gas extracted in northwest Kazakhstan flows north for processing before returning for domestic use or export.…  
  
    Categories: Oil news  
Ukraine Strike on Orenburg Plant Exposes Kazakhstan’s Gas Reliance on Russia
    A Ukrainian drone attack that halted gas processing at Russia’s Orenburg complex has underlined how deeply Kazakhstan’s energy system remains tied to Russian infrastructure. The strike, confirmed by Reuters, forced Gazprom to suspend intake from Kazakhstan’s Karachaganak field, cutting its gas output by roughly a quarter. The Orenburg plant, one of the largest of its kind, sits at the heart of a cross-border supply chain. Gas extracted in northwest Kazakhstan flows north for processing before returning for domestic use or export.…  
  
    Categories: Oil news  
Ukraine Strike on Orenburg Plant Exposes Kazakhstan’s Gas Reliance on Russia
    A Ukrainian drone attack that halted gas processing at Russia’s Orenburg complex has underlined how deeply Kazakhstan’s energy system remains tied to Russian infrastructure. The strike, confirmed by Reuters, forced Gazprom to suspend intake from Kazakhstan’s Karachaganak field, cutting its gas output by roughly a quarter. The Orenburg plant, one of the largest of its kind, sits at the heart of a cross-border supply chain. Gas extracted in northwest Kazakhstan flows north for processing before returning for domestic use or export.…  
  
    Categories: Oil news  
How the Department of Energy Is Controlling Language to Shift Policy
    In George Orwell's novel, 1984, a totalitarian regime now rules the homeland and operates by three slogans: 1) War is peace, 2) freedom is slavery and 3) ignorance is strength. In 1984, the term "Newspeak" refers to what is essentially a mandatory style guide for using the English language under that regime by substituting Newspeak formulations for common words and phrases so as to make public discourse conform to the ruling party's orthodoxy. (For a list of Newspeak words and phrases, check here.) Not surprisingly, failure to conform to this style…  
  
    Categories: Oil news  
Kurdistan’s Oil Exports Top 200,000 Bpd amid Fragile New Deal
    Crude oil exports from Iraq’s semi-autonomous region of Kurdistan have reached 205,000 barrels per day (bpd), but the oil flows via a pipeline to the Turkish point of Ceyhan could be under threat again. Oil exports from Iraq’s northern region of Kurdistan via the Iraq-Türkiye Pipeline to Ceyhan resumed on September 27, after two and a half years of halt over disagreements between the federal Iraqi government and the Kurdistan Regional Government (KRG) over how export revenues should be distributed. Crude from Kurdistan is now steadily…  
  
    Categories: Oil news  
Kurdistan’s Oil Exports Top 200,000 Bpd amid Fragile New Deal
    Crude oil exports from Iraq’s semi-autonomous region of Kurdistan have reached 205,000 barrels per day (bpd), but the oil flows via a pipeline to the Turkish point of Ceyhan could be under threat again. Oil exports from Iraq’s northern region of Kurdistan via the Iraq-Türkiye Pipeline to Ceyhan resumed on September 27, after two and a half years of halt over disagreements between the federal Iraqi government and the Kurdistan Regional Government (KRG) over how export revenues should be distributed. Crude from Kurdistan is now steadily…  
  
    Categories: Oil news  
Kurdistan’s Oil Exports Top 200,000 Bpd amid Fragile New Deal
    Crude oil exports from Iraq’s semi-autonomous region of Kurdistan have reached 205,000 barrels per day (bpd), but the oil flows via a pipeline to the Turkish point of Ceyhan could be under threat again. Oil exports from Iraq’s northern region of Kurdistan via the Iraq-Türkiye Pipeline to Ceyhan resumed on September 27, after two and a half years of halt over disagreements between the federal Iraqi government and the Kurdistan Regional Government (KRG) over how export revenues should be distributed. Crude from Kurdistan is now steadily…  
  
    Categories: Oil news  
Oil Prices Sink as Tanker Traffic Highlights Supply Surge
    The volumes of oil in transit at sea continue to increase to multi-year highs as supply grows from both OPEC+ and non-OPEC+ exporters, and more long-haul voyages from the Atlantic to the Pacific basin are being made due to favorable arbitrage economics. This massive supply buildup has helped push prices down, with WTI crude falling to $56.84 (-1.22%) and Brent crude dropping to $60.55 (-1.26%). As many as 1.24 billion barrels of crude and condensate were in transit on tankers in the week to October 17, per data from energy flows analytics firm…  
  
    Categories: Oil news  
Venezuela Revives Coal as Oil Remains Off Limits
    Venezuela is betting on coal to jumpstart its resource economy and exports amid increasing sanctions on its oil industry with few exemptions in the form of waivers.  At the end of 2024, a Venezuelan-Turkish joint venture restarted coal production at two mines in northwestern Venezuela – Paso Diablo and Mina Norte – after years of no coal output there at all, multiple sources from the Venezuelan company told Reuters.  The two mines are operated by the Carboturven joint venture, which is a partnership between Venezuela’s…  
  
    Categories: Oil news  
Venezuela Revives Coal as Oil Remains Off Limits
    Venezuela is betting on coal to jumpstart its resource economy and exports amid increasing sanctions on its oil industry with few exemptions in the form of waivers.  At the end of 2024, a Venezuelan-Turkish joint venture restarted coal production at two mines in northwestern Venezuela – Paso Diablo and Mina Norte – after years of no coal output there at all, multiple sources from the Venezuelan company told Reuters.  The two mines are operated by the Carboturven joint venture, which is a partnership between Venezuela’s…  
  
    Categories: Oil news  
Can India Go Green Without Sacrificing Growth?
    India has clearly stated its intention to 'go green' by decreasing its reliance on fossil fuels in the coming years and significantly increasing its non-fossil fuel energy capacity. The government has invested heavily in a range of clean energy sources in recent years, as well as encouraged foreign investors to develop energy projects in India. However, it continues to rely heavily on coal for manufacturing, which contributes significantly to the country’s economic growth. In addition, a lack of comprehensive planning means that much of India’s…  
  
    Categories: Oil news  


