QatarEnergy has signed four agreements to charter 19 liquefied natural gas carriers from Asian ship operators as it prepares to ramp up output. China’s CMES Co. Ltd. and Shandong MarineGroup Ltd. will supply six vessels each, Qatar’s energy minister Saad Al-Kaabi said at a ceremony in Doha on Sunday. Malaysia’s …

Japan and China have held talks over the release of treated radioactive wastewater from the crippled Fukushima Daiichi nuclear power plant. During the talks held in Dalian, northeastern China on Saturday, the two sides laid out their positions and exchanged opinions on technical matters concerning the treated water, Kyodo News …

Climate Action 100+, a lobby group comprising many of the world’s biggest asset managers, has criticized Big Oil majors for falling short of a set of criteria devised to assess a company’s preparedness for a net-zero world. The finding, as detailed in a recent Reuters report, is hardly a surprise …

For the Qatar 2022 World Cup, the government promised to make the tournament as green as possible through green public transport, massive recycling efforts and reusable venues. However, many questioned whether it would ever be possible to make a World Cup being held in the desert truly green, as it …

The United Arab Emirates is considering investments in Europe’s nuclear power segment, approaching several European nations to gauge their receptivity to a collaboration, sources familiar with the talks told Reuters this week. The UAE has discussed the possibility of its state-owned Emirates Nuclear Energy Company (ENEC) investing in European power …

Russia will be cutting oil production instead of exports in the second quarter of 2024 so that all OPEC+ producers that reduce output contribute equally to the cuts, Russian Deputy Prime Minister Alexander Novak said on Friday. “This is a move to ensure an equal contribution of all countries to …

ExxonMobil and China National Offshore Oil Corporation (CNOOC) have merged their arbitration claims against Chevron’s takeover of Hess’s stake in the most prolific oil block offshore Guyana. Last autumn Chevron and Hess reached an agreement under which the supermajor would buy Hess Corporation, including its assets in Guyana, where Hess, …

The shipping industry and its regulators are drafting tentative pathways to reaching net-zero emissions by 2050. But the emission reduction efforts in the hard-to-decarbonize sector are slowed down by unclear regulation and uncertainty about which cleaner marine fuel would be the most cost-efficient and effective alternative to the oil-derived bunkering …

The solar manufacturing boom in China and the domestic competition for market share are prompting some manufacturers of solar components to sacrifice quality for the sake of higher profits, an executive at the world’s largest solar manufacturer has said. “We’ve noticed that people have started to sacrifice quality to cut …

The amount of Russian oil refining capacity that has been taken offline due to Ukrainian drone strikes is 14% of Russia’s total refining capacity, according to Reuters calculations. Calculations show that 900,000 barrels per day of refining capacity has been taken offline by drone strikes, Reuters said on Tuesday. This …