Opec and Russia finally agree production cut

Opec and Russia finally agree production cut

The Organisation of the Petroleum Exporting Countries (Opec) and Russia have said they have agreed to cut crude output, boosting oil prices. The cartel and its allies in Moscow agreed during a prolonged meeting in Vienna to cut production by an extra 500,000 barrels per day (bpd) although they do not want to hand too […]

By Energy Reporters |
Saudi Aramco aims for $1.7 trillion value

Saudi Aramco aims for $1.7 trillion value

Saudi Aramco has priced its initial public offering (IPO) at the high end of its target range, raising US$25.6 billion with a total valuation of US$1.7 trillion. The Saudi Arabian oil giant priced its IPO at US$8.53 per share, overtaking the US$25 billion raised by China’s online retail firm Alibaba when it launched in 2014. […]

By Energy Reporters |
Ireland eyes 70% renewables by 2030 

Ireland eyes 70% renewables by 2030 

Ireland’s government has this week revealed its Renewable Electricity Support Scheme (RESS) to show how the republic aims to boost its share of renewable energy capacity to 70 per cent by 2030. The first RESS auction is due to launch early next year, subject to European Union state-aid approval and it is expected to deliver […]

By Energy Reporters |
Rouhani ready for talks if US lifts sanctions

Rouhani ready for talks if US lifts sanctions

Iran’s president, Hassan Rouhani, says Tehran is still ready for nuclear talks on the condition that the United States first lifts “unlawful” sanctions. “If they are prepared to put aside the sanctions, we are ready to talk and negotiate, even at the level of heads of the countries [that signed the 2015 nuclear accord],” Rouhani […]

By Energy Reporters |
Experts
Production
Opec and Russia finally agree production cut

Opec and Russia finally agree production cut

The Organisation of the Petroleum Exporting Countries (Opec) and Russia have said they have agreed to cut crude output, boosting oil prices. The cartel and its allies in Moscow agreed during a prolonged meeting in Vienna to cut production by an extra 500,000 barrels per day (bpd) although they do not want to hand too […]

By |
Transmission
Russia and China open giant gas pipeline 

Russia and China open giant gas pipeline 

Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping, have launched the Siberian pipeline to deliver gas from the Chayandinskoye and Kovytka fields in eastern Siberia to the energy-hungry Chinese market. From Siberia to China’s Yangtze delta in Shanghai, the massive pipeline will cover 8,000km, with 5,111 km inside China, passing through nine Chinese regions. […]

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Storage
6,000 Irish EV drivers register for toll discount

6,000 Irish EV drivers register for toll discount

Over 6,000 residents of the Irish Republic have registered electric vehicles for reduced toll charges. The scheme was launched in mid-2018 as part of the government’s investment strategy for supporting the uptake of electric vehicles. Battery electric vehicles (EV) qualify for 50 per cent discount and plug-in hybrid electric vehicles (PHEV) receive 25 per cent […]

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Consumption
Azerbaijan and Turkey open vast pipeline link 

Azerbaijan and Turkey open vast pipeline link 

Azerbaijan President Ilham Aliyev and his Turkish counterpart, Recep Tayyip Erdogan, have opened the Trans-Anatolian Pipeline (Tanap), the longest element of the Southern Gas Corridor to supply Turkey. At the event in Ipsala in Turkey, Aliyev said Tanap would bring benefits and progress to Azerbaijan, Turkey and other countries along the network of pipelines. “Aside […]

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Policy
Rouhani ready for talks if US lifts sanctions

Rouhani ready for talks if US lifts sanctions

Iran’s president, Hassan Rouhani, says Tehran is still ready for nuclear talks on the condition that the United States first lifts “unlawful” sanctions. “If they are prepared to put aside the sanctions, we are ready to talk and negotiate, even at the level of heads of the countries [that signed the 2015 nuclear accord],” Rouhani […]

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Environment
Emissions increase slows across 2019: reports

Emissions increase slows across 2019: reports

Global carbon emissions have reportedly risen marginally this year despite a falling use of coal. But greenhouse-gas emissions have fallen in the US and across the European Union at a similar rate during 2019 despite Donald Trump’s refusal to acknowledge the climate crisis.  Global emissions from coal use fell by less than 1 per cent […]

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Industry
Saudi Aramco aims for $1.7 trillion value

Saudi Aramco aims for $1.7 trillion value

Saudi Aramco has priced its initial public offering (IPO) at the high end of its target range, raising US$25.6 billion with a total valuation of US$1.7 trillion. The Saudi Arabian oil giant priced its IPO at US$8.53 per share, overtaking the US$25 billion raised by China’s online retail firm Alibaba when it launched in 2014. […]

By |

Opinion

The U.S.-Polish-Ukrainian Connection Fragments Europe’s Gas Map

Opinion

On November 21, the first shipment of U.S. liquefied natural gas (LNG) destined for Ukraine arrived at the Polish terminal at Świnoujście in the Baltic Sea. The shipment marks the execution of the trilateral agreement between the United States, Poland, and Ukraine reached on September 2 to secure Polish and Ukrainian gas supplies. By 2021, […]

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Energy Frustrations and Hopes Fuel Middle East Protests

Opinion

The street demonstrations in Iran, Iraq, and Lebanon have flown somewhat under the radar in the Western press. Perhaps this is due to fatigue with Middle East upheavals or difficulty understanding them in a collective way. Each is, of course, a national movement, and all have disparate, seemingly spontaneous, proximate causes – a threefold hike […]

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