Opinion: IEA chief: Electric cars are changing the car industry. It’s good news for the climate CNN Business

Editor’s Note: Fatih Birol is the Director General of the International Energy Agency. The opinions expressed in this comment are their own. The global energy crisis, sparked by Russia’s invasion of Ukraine, is causing problems around the world and highlighting the flaws in today’s energy system. Rising prices are hurting consumers and businesses, and greenhouse … Read more

14 coal plants come online after China vows to pull foreign aid | OilPrice.com

China Coal

A total of 14 Chinese-backed coal-fired plants have been put into operation worldwide, mainly in Asia, since China pledged to end its support for overseas coal capacity building last year. New report It showed from the Center for Energy and Clean Air Research (CREA). In September last year, Chinese President Xi Jinping China spoke at … Read more

The Ministry of Finance of Russia wants to increase the tax on oil and gas

Pedestrians walk past the Russian Ministry of Finance building in Moscow, Russia on March 30, 2021. A sign reads “Ministry of Finance of the Russian Federation.” REUTERS/Maxim Shemetov Sign up now for unlimited access to Reuters.com Register This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, … Read more

Oil prices slip 1% after US Fed raises interest rates.

Palm jacks are seen at sunset at the Daqing oil field in Heilongjiang province, China, 22 August 2019. REUTERS/Stringer Sign up now for unlimited access to Reuters.com Register NEW YORK, Sept 21 (Reuters) – Oil prices were about 1% lower in nearly two weeks of volatile trading after the U.S. Federal Reserve made another major … Read more

Oil prices slip 1% after US Fed raises interest rates.

Palm jacks are seen at sunset at the Daqing oil field in Heilongjiang province, China, 22 August 2019. REUTERS/Stringer Sign up now for unlimited access to Reuters.com Register NEW YORK, Sept 21 (Reuters) – Oil prices were about 1% lower in nearly two weeks of volatile trading after the U.S. Federal Reserve made another major … Read more

Germany to nationalize gas giant Uniper

Sign up now for unlimited access to Reuters.com Register Germany is to inject an additional 8 billion euros. Fortum to exit as Uniper shareholder Uniper shares 2.4% BERLIN/DUSSELDORF, Sept 20 (Reuters) – Germany is moving closer to nationalizing gas importer Uniper ( UN01.DE ) amid an energy crisis, leaving Europe’s biggest economy with few other … Read more

In August, the increase in Russian oil exports to China could not lower the Saudis – information

An aerial view shows a crude oil tanker being helped to dock at an oil terminal off Waidiao Island in Zhushan, Zhejiang province, July 18, 2022. csphoto via REUTERS Sign up now for unlimited access to Reuters.com Register August Russian crude imports were 1.96 million bpd, +28% y/y. August Saudi crude imports nearly 2 million … Read more

Europe is racing to prepare for energy shortages this winter

Spain could shut down energy-intensive industries for a significant period of time. France is set to export gas to Germany in October. Germany to sign LNG contracts in UAE Berlin is still working on the Uniper bailout. BERLIN/PARIS, Sept 19, 2009 (Reuters) – European governments outlined new measures on Monday to deal with potential energy … Read more

Oil prices increased due to a weak dollar, supply concerns

Crude oil storage tanks are seen in an aerial photo of the Cushing Oil Center in Cushing, Oklahoma, U.S., April 21, 2020. REUTERS/Drone Base Sign up now for unlimited access to Reuters.com Register After the basara oil is pressed, it will be exported to the regular company Shell is set to shut down its Bonga … Read more

A fossil fuel registry was opened to help identify ‘held assets’

A view shows the Rosneft oil stabilization facility outside the city of Neftegorsk in the Samara region. It’s September 6, 2022. REUTERS/Alexander Manzyuk//File Photo Sign up now for unlimited access to Reuters.com Register Recorded by the non-governmental organization Carbon Monitor, Global Energy Monitor The first international register of the world’s fossil properties All known stock-burning … Read more