As global society keeps pursuing a zero-carbon energy system, hydrogen’s role is becoming more notable. Updates and progress around the topic are now being broadcasted at an increasing pace, extending to areas…
Month: April 2021
OPEC+ to ease oil curbs from May after U.S. calls Saudi
OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable, mirroring Donald Trump’s practice of calling…
China leads global green-bond sales boom, but faces headwinds
China overtook the US to lead a boom in global green-bond issuance in the first quarter, but analysts said it needs to do more to draw investors to help fund President Xi…
QP in deal with Shell to become partner in two offshore exploration blocks in
Qatar Petroleum has entered into an agreement with Shell to become a partner in two exploration blocks offshore, the Republic of Namibia. Under the terms of the agreement, which is subject to…
Sea-level rise: New study sheds light on responsible ice sheets
Though it is well known that climate-induced sea level rise is a major threat, new research has found that previous ice loss events could have caused sea-level rise at rates of around…
The Powerful New Financial Argument for Fossil-Fuel Divestment
In a few months, a small British financial think tank will mark the tenth anniversary of the publication of a landmark research report that helped launch the global fossil-fuel-divestment movement. As that celebration takes…
OPEC oil output rises in March, led by Iran: Reuters survey
The 13-member Organization of the Petroleum Exporting Countries pumped 25.07 million barrels per day (bpd) in March, the survey found, up 180,000 bpd from February. Output has risen every month since June…
OPEC+ panel revises down oil demand estimate before key meeting
(March 31): A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group decides on production…
Russia has multi-pronged strategy to confront climate change: Official
Russia has a multi-pronged strategy to confront climate change, by further developing its human capital, natural gas, hydrogen, and renewable assets, a senior national energy policymaker said yesterday. Speaking at the 51st…