Visitors examine an Aiways electric car at the 2019 CES Asia held in Shanghai.
After a dominant display over the last gas winter, US LNG exports to Europe have weakened considerably so far in May, even before widespread cancellations are poised to bite in the coming months, an analysis of S&P Global Platts Analytics data indicates.
NYMEX oil futures rallied in the final minutes of trading to settle sharply higher Friday amid optimism that the US and China could avoid a renewed trade war despite rising tensions in recent weeks.
Asian spot liquefied natural gas (LNG) prices fell this week amid a weak European gas market and ample global supply.
The arrival in Venezuela of five Iranian oil tankers is expected to ease the South American nation’s gasoline crisis, while challenging U.S. sanctions targeting both countries.
Petroleum Development Oman has begun operations of the sultanate’s first utility-scale solar power plant.
Widespread adoption of renewable energy resources from solar, wind, biomass and more have lagged.
The real time market (RTM) for power will go live on Sunday night with electricity delivery at midnight.
Sonatrach didn’t disclose the value of the deal or how much Cepsa’s stake is now.
Awilco Drilling (OTCPK:AWLCF) is the world’s smallest oil driller.