Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project. a key step toward reaching final investment for one of the world’s biggest export ventures.
Read More »OPEC should Raise Oil Output
Iraq’s government is expected to launch a tender to develop the field this year.
Read More »IEA and African Union Hold First Ever Ministerial Meeting on Development of Africa’s Energy Sector
The International Energy Agency co-hosted a joint ministerial summit with the African Union Commission (AUC) that brought together high-level representatives from government and industry to discuss the development of Africa’s energy sector.
Read More »Fossil Fuel Consumption Subsidies Bounced Back Strongly in 2018
Higher average oil prices in 2018 pushed up the value of global fossil fuel consumption subsidies back up toward levels last seen in 2014. underscoring the incomplete nature of the pricing reforms undertaken in recent years.
Read More »Chinese Report Warns Most Cyber Attacks in 2018 Came from US
A report warned that most cyber attacks against Chinese networks in 2018 came from the US. which Chinese experts predicted that the latter is preparing to wage a large-scale cyberwar but Beijing is prepared to launch a strong counterattack.
Read More »Apple Lost Sales in Europe to Chinese Firms Ahead of US Huawei Crackdown
A recent report from the International Data Corporation (IDC) indicated a major shift in the smartphone market in Europe. which has seen drastic growth in the Chinese company’s sales over the course of the last year.
Read More »International Action Can Scale Up Hydrogen to Make It a Key Part of a Clean And Secure Energy Future
The world has an important opportunity to tap into hydrogen’s vast potential to become a critical part of a more sustainable and secure energy future.
Read More »Early Investigations into Oil Tankers Incidents Show Fire Started for Technical Problems
Recent fire incidents in 2 oil tankers in the Gulf of Oman seem to have started by technical issues. a maritime official of Iran said.
Read More »Persian Gulf on Edge as Conflicting Accounts of Tanker Attacks Swirl
The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions and raised the risk of a miscalculation.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
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