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Oil and Gas News Today: Oil and Gas Industry News - Asia Financial

Oil & Gas

Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments…

2 days ago

Indian Refiners Turn to US Crude as Russia Sanctions Bite

More than 250,000 barrels of US crude are set to arrive in India every day next month, the highest in…

3 days ago

Large Korean Companies Getting Out of China – Business Korea

Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus…

2 weeks ago

China Misses 2023 Emissions Targets, ‘Climate Credibility at Risk’

China is well behind its goal to slash energy and carbon intensity, leading analysts say, with weak targets set for…

2 weeks ago

China Ramping up Its Transition to Clean Energy, Grid Storage

China looks set to install another 200 GW of solar power this year, while starting work on 80 GW of…

3 weeks ago

Cost of Carbon Capture by 2050 May be Double Estimates – IME

Researchers in Switzerland who evaluated three carbon capture techniques said the cost could be $280 to $580 a tonne, which…

3 weeks ago

China Sees Better Than Expected 2024 Trade Growth

Exports for January-February were up 7.1%, while imports also rose by 3.5%, but analysts said the figures stemmed from the…

3 weeks ago

Renewable Energy Costs Undercut Coal-Sourced Power – elektrek

Utility-scale solar power is now the cheapest power source in 11 out of 15 Asia-Pacific countries, a new report said

4 weeks ago

Google Set to Launch Satellite to Pinpoint Methane Emission Sites

Google is partnering with the Environmental Defense Fund, a non-profit, with a plan to launch a satellite next month that…

1 month ago

Nikkei Nears Record Peak, Calm in Asia Before US Inflation Data

Japanese shares soared to a 34-year peak on Tuesday, rising 2.9% while stock markets in China were all closed again…

2 months ago

China Wind, Solar Capacity Set to Outstrip Coal For First Time

But it’s also forecast that actual power generation will still be dominated by coal, which provided nearly 60% of electricity…

2 months ago

Oil Producers, Carmakers Knew of Climate Risk in 1954 – Guardian

Newly found documents show fossil fuel interests funded research in 1954 to measure the impact of CO2 on the atmosphere,…

2 months ago