Russian producer Surgutneftegaz is trying to make buyers to relinquish the US dollar and instead pay for the crude in euros. The company seeks to
Category: Energy
Uganda’s Hoima Oil Refinery Construction Delayed
Uganda’s oil refinery construction is likely shifted by two years following delays with project studies. The front-end engineering design (FEED) was originally scheduled for completion
Iraq Boosts Oil Production Despite Street Protests
Iraq is producing crude oil at record levels while the oil-rich south of the country is being engulfed by rioting street protests. Iraq’s oil exports
Energy Geopolitics: India Hoping for US Waiver to Buy Iranian Oil
The United States is debating giving waivers for Iranian oil customers such as India that will be eventually forced to stop their imports as the
Greening Africa: Tunisia Builds Up Solar Power Capacity
Tunisia is readying for a giant solar project in its Remeda region, the country’s southernmost province of Tataouine. Director of Renewable Energy for the government-run
OPEC Boosts Oil Production to Ease Over-Compliance with Output Freeze Deal
OPEC production went up in August as a response to a 2018 high as Libyan output rebounded and Iraq’s southern outlets hit a record. The
Local Action, Global Impact: Pushing Limits of Green Goals Before San Francisco Summit
A new report published by NewClimate institute concludes that the world’s greenhouse emissions could be reduced by an extra 2.2 gigaton a year compared to
Market Update: Iraq Boosts Oil Production to Record Levels
il exports from southern Iraq are about to hit another record high this month, two industry experts said. Iraqi Oil Minister Jabar al-Luaibi said over
The Changing Fundamental Economics of Green Energy
Research analysts at the Swiss investment bank UBS think that the cost of energy renewables could be close to zero by 2030 – “it will effectively be
Curbing Oversupply in Europe’s Emissions Market
The benchmark European carbon price hit a decade high yesterday (15 August), having grown almost by 130 percent this year. Analysts predict that prices are