Taiwan Allocates $13 Billion to Shield Consumers From High Energy Costs
Taiwan is allocating the equivalent of $13 billion for energy cost support for state power generation company Taipower and refiner CPC, Reuters has reported, to …
Read Full ArticlePakistan Weighs Direct LNG Imports for Power Plants to Ease Energy Crisis
Pakistan’s government is considering allowing power plants and private firms to directly import LNG procured on the spot market as the country has been struggling …
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MRPL refinery blast in Mangaluru kills one, injures nine
Mangalore Refinery and Petrochemicals Limited (MRPL) reported an explosion and subsequent fire at its Kuthethoor facility, north of Mangaluru city, India, leaving one person dead …
Read Full ArticleTrump Admits Diesel U.S. Export Ban Could Raise Gasoline Prices
A potential ban on U.S. diesel exports could have “a negative impact on gasoline,” U.S. President Donald Trump said late on Wednesday, although he didn’t …
Read Full ArticleBrent Tumbles to $96 as Gulf Oil Flows Bounce Back
Crude oil prices moved markedly lower on Wednesday and stayed there earlier today, after booking a solid jump for September. The decline came in response …
Read Full ArticleIran’s Disappearing Oil Is Becoming Everyone’s Problem
Iranian oil is disappearing from the market just as its biggest buyer returns for more. China’s recovering crude demand is colliding with the loss of …
Read Full ArticleEU Gas Crunch Forces Rethink of Methane Rules
The European Commission has signaled it would delay the entry into effect of its controversial methane regulation amid a persistent gas crunch resulting from the …
Read Full ArticleVenezuela’s Oil Revival Accelerates as Foreign Companies Return
Hundreds of oil executives have flocked to Venezuela’s capital city of Caracas this week for the first major industry event in the country in decades. …
Read Full ArticleCan Quantum Computing Tame AI's Energy Appetite?
The United States Department of Energy (DoE) is offering up $215 million in funding to help domestic firms develop the world’s first reliable quantum computer. …
Read Full ArticleAfrica’s Massive Cement Expansion Could Drive An Energy Boom
For decades, Africa has lagged the world in energy consumption, accounting for less than 5% of global energy supplies despite being home to a fifth …
Read Full ArticleGuyana’s Oil Riches Are Transforming Its Economy at Breakneck Speed
Guyana is starting to see significant profits from its rapidly expanding oil operations, with much more expected to come. Oil was first discovered in the …
Read Full ArticleThe World’s Diesel Problem Runs Deeper Than the Iran War
The nature of the shortage of diesel and jet fuel is more complex than most people realize. Based on my analysis, a shortfall has existed …
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