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The International Energy Agency is the gold standard on energy statistics. But can the IEA interpret its own data? Fatih Birol, Executive director of the International Energy Agency. Photo from The Council on Foreign Relations. The International Energy Agency (IEA) has long collected and interpreted energy-related statistics. In recent years, the IEA has also taken …

Peak Oil: Prognosis, Prediction or Palmistry? – Resource Works Read More »

From mid-2021 until late 2022, Europe and parts of Asia were gripped by an energy crisis, as oil, gas, coal and power prices surged, in some cases to record highs, forcing households and firms to cut use rapidly. Russia’s invasion of Ukraine and sanctions imposed in response by the U.S. and its allies disrupted energy …

Europe’s Energy Crisis is Over: John Kemp Read More »

(Reuters) – The Biden administration on Tuesday will auction off 35,000 acres (14,164 hectares) of land in Wyoming to oil and gas drillers, the first in a series of such sales that will coincide with a United Nations’ conference aimed at combating fossil fuel-driven climate change in Dubai. The Interior Department’s U.S. Bureau of Land …

U.S. Kicks Off a Spate of Oil and Gas Auctions Just as COP28 Gets Underway Read More »

Summary OPEC+ meets on Thursday to set policy US crude inventories expected to have fallen last week -poll Output from largest Kazakh oilfields down 56% Coming up: API supply report at 2130 GMT LONDON, Nov 28 (Reuters) – Oil prices rose on Tuesday as the possibility that OPEC+ will extend or deepen supply cuts was …

Oil Rises Ahead of OPEC+ Meeting Read More »

Stroll through the West Hackberry oil facility on the US Gulf Coast and there’s not much to see: some pipelines and other industrial equipment. But buried deep beneath the surface are storage caverns so massive they’re tall enough to house the Empire State Building with plenty of room to spare. These reserve sites are supposed to …

Massive U.S. Oil Caverns Sit Empty and Will Take Years to Refill Read More »

Alberta Premier Danielle Smith invoked a measure to defy federal regulations that aim for a net zero electrical grid by 2035, setting up a confrontation between the Canadian province and Prime Minister Justin Trudeau’s government. The resolution proposed under the Alberta Sovereignty Within a United Canada Act orders provincial government agencies to not enforce or aid in …

Alberta to Defy Canada Power Rules in Face-Off With Prime Minister Trudeau Read More »

CALGARY — The oilsands industry group that has proposed building what would be one of the world’s largest carbon capture and storage projects says it is more confident than ever it will go ahead with construction. The Pathways Alliance is a consortium of Canada’s largest oilsands companies, which have banded together to propose a $16.5-billion …

Canada’s Pathways Alliance Increasingly Confident $16.5B Carbon Capture Project Will go Ahead Read More »

DETROIT (AP) — Entering contract talks with Detroit’s three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them. He secured significant pay raises, improved benefits, the right to strike over plant closures and a raft of other concessions. But to the United …

UAW Chief, Having Won Concessions from Strikes, Aims to Expand Membership to Nonunion Automakers Read More »

(Reuters) – China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world’s biggest buyer of the power station fuel. Thermal coal imports are expected to be around 29.21 million metric tons in November, up …

China’s Thermal Coal Imports Jump, Crowding Out India Read More »

(Bloomberg) (Bloomberg) COP28 president Sultan Al Jaber was willing to raise oil and gas commercial interests during climate meetings with foreign governments ahead of the UN summit starting in Dubai later this week, according to a cache of internal records leaked by a whistleblower and published by the British Broadcasting Corp. in collaboration with the Centre for Climate Reporting. …

COP28 President Lobbied on Fossil Fuel at Climate Meetings Read More »