Articles

Demand for oil may never fully recover from the dramatic fall triggered by the coronavirus crisis, a report by energy giant BP has concluded. The prediction that peak oil demand may already have passed is made in the latest edition of the closely-watched Energy Report Outlook by BP. This considers …

On Sept 14, 1960, the five founding fathers of the Organization of the Petroleum Exporting Countries (OPEC), Juan Pablo Perez Alfonzo of Venezuela; Abdullah Al-Tariki of Saudi Arabia; Dr Tala’at Al-Shaibani of Iraq; Dr Fuad Rouhani of Iran and Ahmed Sayed Omar of Kuwait gathered together in Al-Shaab Hall in …

The takeover by PKN Orlen, an oil refiner and retailer, of fellow Polish energy giant PGNiG is not merely the merger of two of Poland’s largest companies, it is a strategic move that the country’s government hopes will put PKN Orlen in the “premier league” of European energy firms. The …

In January 2017, Rex Tillerson left to join the Trump administration as Secretary of State (and was permitted to sell more than $50 million in directly held Exxon stock tax free). His replacement, CEO Darren Woods — now nearly four years into the job — has presided over a 50% …

Author: Ahindra Nag About Book: Featuring contributions from a wide range of experts in the field, this comprehensive guide explores biofuel chemistry, refining processes, and performance characteristics. Unlike most biofuel resources that broadly cover non-conventional energy sources, the book goes into specifics about engine performance, making it a highly valuable …

In his Democrat Party nomination acceptance speech last night, Vice President Joe Biden indicated that he could solve the problem of climate change. And he said he could do it all with the money the government would get by changing the tax code. In two sentences and just 75 words …

Providing access to clean drinking water has been a challenge in some parts of the world for years. As the population grows and resources shrink, it becomes an even more pressing matter. New solar technology provides a possible solution by desalinating saltwater with minimal energy consumption. While water covers two-thirds …

Fearing slow oil demand recovery, the Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, during a meeting on August 19, pushed major oil producing countries pumping above output targets to cut more in August-September. During the 21st Meeting of the Joint Ministerial Monitoring Committee …

Data just released by the Federal Energy Regulatory Commission (FERC) states that renewable energy sources (solar, wind, biomass, geothermal, hydropower) dominated new U.S. electrical generating capacity additions in the first half of 2020, according to an analysis by the SUN DAY Campaign. Combined, they accounted for 57.14% or 7,859 MW …

In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S. rivals Amoco and Arco to create a transatlantic giant. He kicked off a round of mergers that saw his company and four others dominate the industry — …