Oil steadies after sharp falls as Middle East uncertainty persists
Oil rose in early Asian trade on Wednesday on continued uncertainty over conflict in the Middle East, after falling as much as $5 this week to the lowest levels since …
International Energy Agency
World faces ‘staggering’ oil glut by end of decade, report says
(NewsNation) — By the end of the decade, the world will have more oil than it knows what to do with, according to a new report. Global oil demand will …
Largest Carbon Capture Plant Removes The Equivalent Of 7,800 Cars Off The Road Each Year
For years now, carbon capture has been hailed as a way to have our environmental cake and eat it too: Keep spewing all the harmful gases we like into the …
Tesla Isn’t Going To Advertise Its Way Out Of This One
Good morning! It’s Tuesday, April 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Global CO2 emissions from energy hit record high in 2023: report – National
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said …
Oil market could shift into surplus at the start of 2024, IEA says
The International Energy Agency (IEA) on Tuesday raised its oil demand growth forecasts for this year and next despite slower economic growth in nearly all major economies, although its 2024 …
We’re Screwed If We Don’t Get Serious About Replacing And Upgrading Our Aging Power Grid
Unfortunately for those of us currently stuck living on planet Earth, climate change is real, and human activity caused it. And if we don’t do anything about it, millions of …
Fossil fuel demand to peak before 2030 even with no new climate policies: report
Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still peak before the end of the decade, a new report by the …
Aramco CEO Amin Nasser says notion of peak oil demand driven by policies, not markets
The CEO of Saudi Arabian oil giant Aramco on Monday pushed back against forecasts of peak oil demand, and said the narrative of the current energy transition was based on …
Record-breaking global coal demand set to remain at all-time high in 2023 – National
Global coal consumption reached a new record in 2022 and is expected to stay near those high levels this year, the International Energy Agency (IEA) reported Thursday in their latest …