Page 5 - Resources For News Today

A report finds that more than one-third of the oil and gas sector is considering pursuing opportunities in renewables. As the energy landscape changes and the workforce faces instability, people of all stages in their professional career are asking how they can apply skills, knowledge, and training to areas such as renewables and geothermal energy. "The oil, gas and chemicals industry was built on human ingenuity; innovation and grit; and it is that same spirit that will forge the industry’s ...

World oil prices reach their highest levels in nearly two years By: Times News Service Photo used for illustrative purpose only Muscat: World oil prices closed on Friday at their highest levels in nearly two years, after producers agreed to increase supply from April by a smaller amount than expected. The price of a barrel of Brent North Sea crude for May delivery rose by 3.9 per cent to $69.66 in London, its highest closing price since April 2019. In New York, the price of a West Texas Interme...

Environmentalists often bristle when charged with being addicted to gloom-and-doom messages, but every now and then an environmental group will confirm the stereotype. In April 2006,Greenpeace mistakenly posted an incomplete draft press release on its Website that read: “In the twenty years since the Chernobyl tragedy, the world’s worst nuclear accident, there have nearly [FILL IN ALARMIST AND ARMAGEDDONIST FACTOID HERE].”  1 Alan Oxley reports that the conservation group World Wi...

Oil demand to bounce back this year, says report The Covid pandemic led to oil demand contracting by 9-10 million barrels per day in 2020, but it is expected to rebound by 5-6 million barrels per day this year, a major symposium heard. The pandemic has also led to a downward revision in long-term annual economic growth by as much as 0.8 percentage points in some outlooks, a high-level report noted. The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization ...

(MENAFN - Emirates News Agency (WAM)) RIYADH, 17th February, 2021 (WAM) -- The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organisation of the Petroleum Exporting Countries (OPEC) today hosted the 11th IEA-IEF-OPEC Symposium on Energy Outlooks to examine the impact of the COVID-19 pandemic on global energy markets and the outlook for global energy security and market stability. Hosted by the IEF, the symposium reviewed the IEAs and OPECs short-, medium- and ...

The Covid pandemic led to oil demand contracting by 9-10 million barrels per day in 2020, but it is expected to rebound by 5-6 million barrels per day this year, a major symposium heard.

Tue, 02/09/2021 - 4:33am -- tim by John McClaughry In July 2019 the legislature instructed the Public Utility Commission to recommend what the legislature must do to adopt “a multi-pronged approach to address Vermont’s greenhouse gas reduction and weatherization goals.” The PUC has now delivered its report. It can be summarized in two words: “More Funding!” “If Vermont is to make progress toward its energy and greenhouse gas emissions reductions goal and commitments, the State will ...