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U.S. Assistant Secretary for Energy Resources Geoffrey Pyatt said on Friday Russia would never again be viewed as a reliable energy supplier, a day after Washington imposed fresh sanctions on Moscow because of its war in Ukraine. Speaking at an online briefing ahead of next week’s U.S.-Japan Energy Security Dialogue, Pyatt also said the United …

Russia will never be seen as reliable energy supplier, U.S. energy official says Read More »

By Aaron Foyer Emissions series: Scope 1, 2, 3 Explainer | Scope 4 Emissions When considering clean energy, it’s important to understand the energy and ultimately emissions being displaced. Replacing a high-carbon source with a low-carbon one, like replacing coal with wind power, helps reduce emissions. On the other hand, shifting from one low-carbon source to another …

INFOGRAPHIC: The Most Efficient Investments in Reducing Emissions Read More »

Shares in Orsted A/S fell the most in more than a month after New York regulators ruled against a cost adjustment for offshore wind farms prompting fears about a further write down for one of the company’s US projects. The New York Public Service Commission unanimously decided on Thursday that developers must abide by the terms in …

Orsted Slumps as U.S. Wind Cost Ruling Stokes Writedown Fear Read More »

SYDNEY, Oct 13 (Reuters) – Negotiations over a stalled pay and conditions deal between Chevron and unions at its liquefied natural gas (LNG) facilities in Australia made progress on Friday, but fell short of sealing an agreement to end months of labour disputes at the major export sites. Chevron and the unions held a third …

Chevron Australia, unions make progress in LNG talks but deal elusive Read More »

HOUSTON & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced record trading activity across its natural gas liquids (NGLs) markets as customers manage exposure to the price of …

ICE announces record trading activity and open interest in natural gas liquids markets Read More »

 This is one of the stories in Akshat Rathi’s new book  Climate Capitalism,  which is out today. Akshat explains the origin of China’s dominance in the battery market through the lens of CATL, now the world’s largest battery company. This is an adapted excerpt from the book. It was an admission of defeat. But you would never know …

How China Left the World Far Behind in the Battery Race Read More »

LONDON, Oct 12 (Reuters) – OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy so far this year and expected further demand gains in China. World oil demand will rise by 2.25 million barrels per day (bpd) in …

OPEC Sticks to 2024 Oil Demand Growth Forecast Read More »

Russian President Vladimir Putin overplayed his hand by trying to use Gazprom PJSC to bring Europe to its knees, and now his efforts to bolster the state-controlled gas giant are at the mercy of China. After years focusing Gazprom’s exports on pipelines to Europe and underinvesting in liquefied natural gas capacity, Putin has limited options for …

The Fall of Russia’s Gas Giant Dulls a Key Tool of Putin’s Power Read More »

Global oil inventories are expected to fall by 200,000 bpd in the second half of 2023 due to voluntary output cuts from Saudi Arabia and reduced production among OPEC+ countries, the U.S. Energy Information Administration said on Wednesday. The lower inventories, which are forecast to keep global oil supply below consumption, are likely to boost …

Global Oil Stockpiles Due to fall in Second Half 2023 – Prices Expected to Rise in 2024 – EIA Read More »

Courtesy of Greenesa Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE In a tale as old as time, governments have been providing subsidies to support businesses and provide a boost to certain industries. In a tale as old as last summer, green energy subsidies kicked into high gear after the release of the US Inflation …

The State of Clean Energy Subsidies – ENERGYminute Read More »