New IRENA report outlines a series of innovation priorities that policymakers must address to successfully decarbonise the energy system with renewables The transformation of the global energy system is already well underway, but policymakers must [Read more]
After US President Donald Trump complained about rising oil prices, Saudi Arabia and Russia are considering boosting Russian and OPEC output by about 1 million barrels per day. Anadarko photo. Russian, OPEC output curbed by [Read more]
Drag-reducing agent, or DRA, sales in the US and Canada are booming as pipeline companies struggle to get ahead of bottlenecks in their systems due to rising output. TransCanada photo. DRA sales growing by about [Read more]
China says it will import record volumes of US crude and will probably import more commodities from the United States in an effort to stave off a trade war between the world’s two top economies. [Read more]
Vast majority of customers in the European Union located in highly liquid and competitive markets A major transformation is poised to advance Europe’s energy security goals and improve natural gas flows in European markets, according [Read more]
ExxonMobil achieved a 10% improvement in energy efficiency across its global refining operations following an effort launched in 2000 ExxonMobil announced greenhouse gas reduction measures that are expected to lead to significant improvements in emissions performance by [Read more]
11 of 38 technologies surveyed by the IEA were significantly “not on track” The International Energy Agency’s new and most comprehensive analysis of the clean-energy transition finds that only 4 out of 38 energy technologies and sectors [Read more]
While praising Shell’s overall plans to reduce greenhouse gases, a number of major shareholders urged the company to commit to firm targets to cut their GHG emissions from its oil and gas production. Shell photo. [Read more]
70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set [Read more]
About two-thirds of households with BEVs or PHEVs have incomes higher than $100,000 Electrified vehicles (hybrid electric, plug-in hybrid electric, and battery electric) have been sold as high fuel economy alternatives to conventional gasoline vehicles [Read more]
Upstream sector in Mexico flourishes under historic energy reforms says Wood Mackenzie In 2013, when Mexico initiated historic reforms to open its energy sector for the first time in 75 years, few could have imagined [Read more]
Europe leads way as sustainability, recycling and reuse to drive discussion at PEPP Conference in Germany Global demand for polyethylene, the world’s most used plastics, has nearly doubled since 1999, with global demand for PE [Read more]
OPEC says the recent oil rally that saw prices close in on $80/barrel is a short-term spike mostly due to geopolitics, more than a supply shortage. Getty Images photo by Akos Stiller. Oil rally not [Read more]
A decline in spending in the LNG sector since 2014 due to weak energy prices will create a supply gap beginning in the mid-2020s, unless new investments in the super-chilled fuel are made. World Maritime [Read more]
Renewable energy auctions in South Africa, Uganda and Zambia are changing renewables’ prospects on the continent Driven by a growing interest in renewable energy technologies as a competitive mechanism for price determination auctions have become [Read more]
30% increase in solar PV module cost raises total installed costs by about 10% The timing and magnitude of adding wind- and solar-powered electricity generators to the U.S. grid are sensitive to federal policies, especially federal [Read more]
4.4 million Mt of polyethylene capacity that was scheduled to come online by 2025 could be in doubt from reimposed US sanctions Trump’s plan to leave the Iran nuclear deal and reimpose sanctions could have [Read more]
Today, less than a third of global households own an air conditioner The growing use of air conditioners in homes and offices around the world will be one of the top drivers of global electricity [Read more]
Abu Dhabi National Oil Company, or ADNOC, says it has plans to invest $45 billion in the coming five years to expand its refining and petrochemicals operations. Company photo. ADNOC looking to double its refining [Read more]
Single industrial facilities are eligible for incentives of up to $1 million per year, multiple facilities up to $2 million Industrial facilities will save energy and money by upgrading equipment and making energy improvements through [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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