U.S. demand for oil rises is depleting tanks in Oklahoma

U.S. demand for oil rises is depleting tanks in Oklahoma

Crude oil storage tanks are seen in an aerial photo at Cushing’s oil hub in Cushing, Oklahoma, USA on April 21, 2020. REUTERS / Drone Base NEW YORK, Oct. 27 (Reuters) – Crude oil tanks in Cushing, Oklahoma’s U.S. oil crude futures and delivery hub are more depleted than they have been in the past … Read more

Xi is not there? COP26 hopes are weak for the Chinese leader’s likely absence

China ‘maxed out’ after 3 major climate promises – consultant More concessions on coal unlikely in the midst of the domestic supply crunch SHANGHAI, October 26 (Reuters) – The leaders of most of the world’s largest greenhouse gas emitters are gathering in Glasgow from Sunday, with the aim of killing plans and means to tilt … Read more

Greenhouse gas levels hit record highs; the world is struggling to stem damages

A truck engine is tested for pollution leaving its exhaust pipe near the Mexican-American border in Otay Mesa, California on September 10, 2013. REUTERS / Mike Blake The UN seeks ‘dramatic increase’ in climate commitments The summit will seek to avert threatening levels of warming Britain’s Johnson says COP26 result is ‘touch and go’ We … Read more

Prince Charles says “dangerously narrow window” to speed up climate action

Prince Charles of Great Britain greets guests at a reception at the Global Investment Summit in Windsor Castle, Windsor, UK, 19 October 2021. Alastair Grant / Pool via REUTERS RIYADH, October 23 (Reuters) – Britain’s Prince Charles said in recorded remarks at an environmental event in Saudi Arabia on Saturday that there was a “dangerously … Read more

Oil prices extend gains to multi-year highs on tight supply

Crude oil tanks are seen from above at the Cushing Oil Hub, in Cushing, Oklahoma, USA, March 24, 2016. REUTERS / Nick Oxford WTI touches highest since October 2014, Brent reaches 3-year high Speculators are raising the long positions of the US crude oil net -CFTC The number of U.S. oil and gas rigs drops … Read more

Saudi Arabia wants to be top supplier of hydrogen – energy minister

Hydrogen-powered mobile association seen during Saudi Aramco’s media tour to demonstrate hydrogen car technology at Techno Valley Science Park in Dhahran, Saudi Arabia, June 27, 2021. REUTERS / Hajer Abdulmohsin DUBAI, October 24 (Reuters) – Saudi Arabia wants to be the largest supplier of hydrogen, the country’s energy minister Prince Abdulaziz bin Salman al-Saud said … Read more

At least 25, including minors, died in an illegal refinery blast in Nigeria

YENAGOA, Nigeria October 24 (Reuters) – At least 25 people, including some minors, were killed in an explosion and fire at an illegal oil refinery in Nigeria’s Rivers state on Friday, a local leader and a resident told Reuters on Sunday. “The losses involved are very high … we count 25 bodies,” Ifeanyi Omano, a … Read more

Gazprom could cut off gas to Moldova if the contract is not signed in December

Natalia Gavrilita speaks in Parliament before her approval as the country’s new Prime Minister of Chisinau, Moldova 6 August 2021. REUTERS / Vladislav Culiomza Moldova’s contract with Gazprom expired at the end of September Gazprom extended it to October Moldova owes Gazprom $ 709 million For previous deliveries Moldova asked Gazprom to reduce price sources … Read more

Top oil exporter Saudi Arabia has a target of zero emissions by 2060

Dual goal to reduce carbon emissions Saudi $ 187 billion investment initiative To tackle climate change while ensuring the stability of the oil market Could hit the target by 2060, says Minister of Energy RIYADH, October 23 (Reuters) – Saudi Arabia’s Crown Prince said on Saturday that the world’s largest oil exporter aims to reach … Read more