For the Trump administration, the prospect of erasing a large amount of the U.S. trade deficit with China while also supporting a thriving domestic industry could prove a tempting deal. China’s shale gas production is picking up speed as it seeks to capitalise on the world’s highest estimated shale reserves. However, the communist-ruled nation is […]

Environmental groups, including the World Wildlife Fund (WWF), the American Museum of Natural History, and several left-leaning funds have investments in private equity firms specializing in oil and gas even as their public messaging hyped concerns about the role of fossil fuel use in climate change. Over the last several years, divestment has become a […]

LONDON (Bloomberg) — Europe wants its industry to burn more natural gas instead of coal to reduce global warming. The problem is, there isn’t enough gas at the right price. Depleted gas stores after the coldest winter since 2012, coupled with pipeline constraints on flows from Russia and Norway, have driven prices to their highest […]

Royal Dutch Shell shareholders on Tuesday widely rejected a proposal by an environmental group calling for the oil company to set and publish annual targets to reduce carbon emissions. The vote is a setback for climate activists who are increasing pressure on global oil companies, including U.S. firms Exxon Mobil (XOM.N) and Chevron (CVX.N), to […]

Japan follows South Korea, China and India in signing long-term contracts A ship carrying U.S. LNG arrived at a port in Yokohama, Japan on Monday. (Photo by Ryosuke Hanafusa) TOKYO — Liquefied natural gas originating from the U.S. is flowing into Asia at an accelerating pace, with Japan becoming the most recent country to buy the […]

The government of South Africa is planning to fast-pace the exploration of shale gas in the southern Main Karoo basin, to maximise production and to reshape the country’s energy economy. This was announced by Gwede Mantashe, minister of mineral resources in South Africa, during his budget speech in the parliament on 15 May 2018. In […]

Extraordinary powers designed for emergencies such major power plant failures or bushfires are being triggered to protect WA’s main grid from soaring output generated by rooftop solar panels. In Western Australia the uptake of solar panels has rocketed as electricity prices leaped — there’s a slow motion solar train-wreck underway. Solar PV panels are now […]

Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent’s biggest producers of the fuel said. “A severe shortage” in generation capacity is expected in the U.K., Germany, and Belgium, Tor Martin Anfinnsen, senior vice president for marketing and trading at Statoil ASA, […]