To remove just 400 tons of carbon dioxide from the atmosphere would require one million tons of air to be processed.
Read More »Qatar will Leave OPEC in 2019
The emirate will no longer remain committed to OPEC agreements.
Read More »The Importance of Saudi`s Oil for Trump
Iran is OPEC’s third-largest producer. providing more than 2 percent of global oil output.
Read More »Gas will Overtake Coal as World`s Second Largest Energy Source by 2030
Natural gas is the fastest growing fossil fuel in the New Policies Scenario.
Read More »Big Oil Exporters must Diversify Economies
The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.
Read More »Germany Mulls Building LNG Plant
Trump pushed US LNG exports as crucial to increasing European energy security.
Read More »Exxon Mobil. Chevron Join Global Coalition to Address Climate Change
Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.
Read More »Big Oil should Double Costs to Reach Climate Goals
The largest European oil companies spend about 5 percent of their capital expenditure budgets on ``new energies``.
Read More »Asian LNG Prices Climb Again
LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.
Read More »South Korea Plans to Lower LNG Tax for Power Generation
S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.
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