A Fourth Estate® Service

Tuesday, March 2, 2021

energy industry news

Zambian High Court Cancels Nationalization of Power Transmission Lines

Zambia's high court has ruled against the government's decision to declare a private company's power transmission lines as a common carrier. Matthew Nkhuwa, the nation's...

China Discovers Oil in Bohai Sea

The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has found a field with 100 million tons of oil equivalent of...

Brazil Plans $5.4B Green Hydrogen Hub

The government of Brazil has announced plans to build a $5.4 billion green hydrogen hub in Ceará, Brazil, which will be the first of...

Natural Gas Shortage Halts Car Industry’s Operations in Mexico

Volkswagen, General Motors, Kia Motors, and Mazda announced that they are suspending some of their operations in Mexico due to a natural gas shortage...

Crude Oil Prices Spike as Supply Chain Fails

Brent Crude continued to climb higher on Thursday, with US prices settling at $61.52 as refineries in Texas remained closed during the Midwest's freeze...

Natural Gas and Oil Prices Climb as US Midwest Freezes

Natural gas and oil prices saw a sharp incline as parts of US struggle with energy demands and rolling blackouts following Monday's freeze. Natural gas...

Royal Dutch Shell Indicates Peak Oil Production Has Passed

Oil company Shell said it has now passed peak oil production as it sets out to achieve net-zero emissions by 2050. In a statement, the...

Protests Erupt at French Energy Giant Total’s Headquarters Over Expected Refinery Layoffs

Workers have held protests and stormed the Total S.E. Headquarters in France amid impending layoffs. "Total does not want our struggle to be heard, for...

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