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This post was originally published on this siteCourtesy of ENERGYminute   See more articles and infographics from ENERGYminute HERE The phrase ‘cleantech’ often summons images of wind turbines or that countertop composter you’re thinking of buying. But let’s be honest, you aren’t going to start growing vegetables with homemade fertilizer anytime soon. However, when you look beyond […]

This post was originally published on this siteDUBAI, Nov 25 (Reuters) – The United Arab Emirates is fully committed to the OPEC+ agreement and has no “prior stance” ahead of an upcoming meeting on Dec. 2, state news agency WAM reported on Thursday. “The energy ministry confirms that the United Arab Emirates is fully committed

This post was originally published on this siteNov 23 (Reuters) – As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington. That restraint has become

This post was originally published on this siteNov 25, 2021 (Bloomberg) Oil was steady after OPEC said a planned coordinated release of reserves may swell a crude surplus expected early next year. Futures in New York traded near $78 a barrel. The projection was made by the producer group’s advisory body — the Economic Commission Board — ahead

This post was originally published on this siteNov 24 (Reuters) – U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) said Wednesday its marketing arm agreed to sell LNG to a unit of Chinese natural gas distribution company Foran Energy Group Co Ltd (002911.SZ) for 20 years starting in January 2023. Analysts said the deal should move

This post was originally published on this siteBy Reuters Staff (Reuters) – JP Morgan expects crude oil demand to surpass 2019 levels by March 2022, driven by a rebound in economic activities and countries reopening their borders, the bank said in a research note on Wednesday. The bank expects global oil demand to grow 3.5

This post was originally published on this siteNov 24 (Reuters) The United States uses more gasoline than any other nation in the world, and lately Americans have grown concerned about the swift rise in costs at the pump. The White House on Tuesday announced plans to release millions of barrels of oil from strategic reserves

This post was originally published on this site(Bloomberg) U.S. Senator Elizabeth Warren is asking the CEOs of nearly a dozen of the nation’s top natural gas producers why so much of the heating fuel is being exported heading into winter as Americans face rising utility bills. In a statement Tuesday, Warren accused ConocoPhillips, EQT Corp., Exxon Mobil Corp.

This post was originally published on this siteNov 24, 2021 (Bloomberg) President Joe Biden sounded deeply frustrated. Inflation was heading toward a 30-year high and Americans, rich and poor, could see the price of gasoline going up almost daily. Politically, oil was toxic for the White House.”The idea that Russia and Saudi Arabia and other major producers

This post was originally published on this siteNov 24, 2021 (Bloomberg) The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative—that fossil-fuel use is destroying the atmosphere and life on Earth with it. It’s that their financial health requires leaving such companies behind. According to