Brazil gears up to become fourth largest oil producer
Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) reports that the country's oil production is steadily increasing, projecting the country to become...
Russia takes control of Iraq’s biggest oil discovery for 20 years
Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves. Senior Russian oil industry sources spoken to exclusively by...
FT: EU ports help sell on over 20% of LNG imports from Russia
More than a fifth of Russia’s liquefied natural gas reaching Europe is reshipped to other parts of the world, a practice that boosts Moscow’s...
Gas deals beyond 2050 show reality gap on Europe Climate Goals
Two days after the European Union declared it will push for a global phase-out of most fossil fuels well before 2050, Shell Plc signed...
Fossil fuel producers ‘literally doubling down’, UNEP report
Contrary to pledges to cut fossil fuel production, government policies worldwide will add up to a doubling of production in 2030, a new report...
Flagship IEA energy efficiency conference set for Nairobi in May 2024
The International Energy Agency (IEA) Executive Director Dr Fatih Birol and Kenya’s Minister of Energy and Petroleum Davis Chirchir today confirmed plans to host the...
Vineyards of the future will produce more than wine
Europe is seeking to use emissions and residues from winemaking for new products ranging from animal feed to antibiotic alternatives.
By Alex Whiting
In Palmela, a...
Germany still trades Russian gas
Germany is still trading Russian liquefied natural gas, as canceling the contract of a nationalized firm could cost billions of euros — creating a...
Yellen says US eyes Russia Oil-Cap crackdown as potency fades
Treasury Secretary Janet Yellen said the US is preparing to crack down on evasion of the Group of Seven’s price cap on Russian oil,...
EU countries are purchasing more LNG from Russia
Europe again risks becoming dependent on Russian LNG. EU countries are purchasing more gas from Russia than before the Ukrainian conflict. From January to...