The oil-producing country hosting the annual UN climate conference wants other petroleum producers to pledge to curb greenhouse gases, but critics say the plan doesn’t go far enough.
INTERNATIONAL Feed Atom
During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and somewhere to live by nature, as her family had done for generations.
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, with flexibility for Sinopec to receive LNG cargoes at its terminals in China, market sources said Nov. 9.
Wars almost always bring upheavals in securities, currencies, and commodities. The lack of impact from the Israel-Hamas war has been remarkable, even puzzling, especially for oil, which might be expected to have been affected most directly by the risk of a wider conflict in the Middle East.
OPEC+ crude oil output grew 180,000 b/d in October, the latest Platts survey by S&P Global Commodity Insights found, adding supply pressures to flagging market sentiment, as Iran and Iraq led the group's production higher.
RoydadNaft – India’s plans of energy security with more natural gas in the energy mix will get a boost in the near future, as new…
RoydadNaft – Canada and other major fossil-fuel-producing countries are failing to meet targets to keep global warming in check, putting the world’s energy transition at…
RoydadNaft – International oil companies operating in Iraq’s semi-autonomous region of Kurdistan will not produce oil for pipeline exports until the issue of overdue payments…
RoydadNaft – India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on…
RoydadNaft – State-run explorer Oil India on Wednesday reported an over 80% drop in second-quarter profit as it set aside 23.63 billion rupees for an ongoing…
RoydadNaft – Canada is among a group of top fossil fuel-producing countries that are on pace to extract more oil and gas than would be…
RoydadNaft – Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project…
RoydadNaft – Saudi Aramco on Tuesday reported a 23% fall in third-quarter net profit on the back of lower oil prices and volumes sold, marginally…
RoydadNaft – The average landed price of Russian oil for Indian refineries in September eased from August, according to Indian government data, indicating widening discounts.
RoydadNaft – China’s oil refinery utilisation rates are easing from record third-quarter levels as thinning margins and a shortage of export quotas discourage plants from…
RoydadNaft – India’s fuel consumption rose to a four-month high in October, government data showed on Monday, as increased industrial activity boosted sales during the…
RoydadNaft – Canadian Prime Minister Justin Trudeau’s decision to grant a three-year carbon tax exemption for heating oil is meant to provide targeted relief to…
RoydadNaft – Venezuela’s state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive…
RoydadNaft – As countries around the world face the challenges of moving away from oil to stave off the worst effects of climate change,…
RoydadNaft – U.S. crude oil production hit a monthly record in August 2023, with an average output of 13.05 million barrels per day, breaking the…