The US Energy Information Administration (EIA) said on Sunday that Iraqi crude oil exports to the US rose to 188,000 barrels per day (bpd) during the past week. According to a report released by the EIA, “The United States imported crude oil from Iraq at a rate of 188,000 bpd, …

The Covid-19 pandemic has led to many unforeseen consequences, and right now we may be approaching one of the biggest: the possible neutering of the green energy movement. Prices of fossil fuels are rising sharply, and most of the world is responding by trying to get those prices back down …

Forty global cement and concrete manufacturers have pledged a new 25 percent reduction in CO2 emissions by 2030. The Global Cement and Concrete Association (GCCA) is aiming to accelerate the long-term shift to greener concrete, as part of the industry’s wider plans to achieve net-zero in concrete manufacturing by 2050 …

The coalition that will form the government to succeed Germany’s Angela Merkel has agreed to phase out coal by 2030, eight years than currently planned, Reuters reported on Friday. The center-left Social Democrats, the Greens, and the liberal Free Democrats have agreed on a plan for Germany to exit coal …

Managing Director of National Iranian Oil Company (NIOC) has said his company is going to benefit from the potentials of the country’s private sector to maximize oil and gas condensate sales in the future, Shana reported. Referring to the NIOC plans in the oil sales sector, Mohsen Khojasteh Mehr said: …

Russia will set a new record in terms of domestic gas consumption in 2021, Deputy Prime Minister Alexander Novak said in an interview aired by Sergey Brilev’s news show on Rossiya-1 on Saturday. “Russia is also demonstrating record gas consumption results, domestically, which is particularly related to an active economic …

NASA was set on Saturday to launch a spacecraft called Lucy on a 12-year mission to explore for the first time a group of rocky bodies known as the Jupiter Trojan asteroids, gathering new insights into the solar system’s formation. The Atlas V rocket responsible for propelling the probe is …

For European nations looking for ways to protect their citizens and businesses from skyrocketing energy prices, Spain has a dispiriting message: there’s only so much governments can do. After months of devising policies to cap the pain of a record surge in gas and power prices amid supply shortages, Spain’s …

Several Chinese energy giants have intensified discussions with U.S. liquefied natural gas (LNG) exporters to secure long-term supply deals in light of record spot prices in Asia, rising demand, and the specter of power shortages, Reuters reported on Friday, quoting industry sources. China and many other energy importers in Asia …

Asian demand for U.S. oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. China and other Asian buyers have been snapping up supertankers of American sour crudes for delivery in November and seeking more for December, according to …