How Pulp & Paper Mills Are Becoming More Efficient
Pulp and paper mills are among the world’s worst polluters and consume a large amount of water. However, efforts are being made to become greener.Tightening performance standards and increased regulations have seen stakeholders beginning to green the…
Oil prices edge higher as IEA's Birol talks up China demand outlook
MELBOURNE, Feb 6 (Reuters) - Oil prices inched up in early trade on Monday after falling around 8% last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the worlds top oil importer.Brent…
House Republicans pass bill to limit drawdowns on Strategic Petroleum Reserve
WASHINGTON — The U.S. House of Representatives passed a bill Friday aimed at limiting the president’s ability to draw down the nation’s Strategic Petroleum Reserve for any reason other than a “severe energy supply disruption.”The law is meant to …
Asia absorbs big rise in Russian Urals crude exports - sources
MOSCOW, Jan 30 (Reuters) - Asian markets are showing no let up in their demand for Russian oil, absorbing a big rise in seaborne exports of Urals crude this month and helping Moscow cope even as most Western buyers stay away, according to traders and …
Italy's Eni signs $8 billion Libya gas deal as PM Meloni visits Tripoli
ROME/TRIPOLI, Jan 28 (Reuters) - Italian energy company Eni and Libyas National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the No…
Oil prices settle up; China demand hopes outweigh recession worry
NEW YORK, Oct 21 (Reuters) - Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening U.S. dollar outweighed concern about a global economic downturn and the impact of interest rate rises on fuel use.To fight inflation, the …
French refinery strike further hits petrol supplies, prime minister says
PARIS, Oct 16 (Reuters) - Petrol supplies at French service stations fell further over the weekend due to a weeks-long strike at oil major TotalEnergies (TTEF.PA), Prime Minister Elisabeth Borne said on Sunday, prompting possible further requisitionin…
EU countries eye deal on more energy measures within weeks
BRUSSELS, Oct 10 (Reuters) - European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take and whether they should cap …
South African state utility reinstates rolling power cuts from Monday
JOHANNESBURG, Oct 9 (Reuters) - South African state utility Eskom said on Sunday it would resume rolling power cuts from Monday till Wednesday during night-time to attend to unplanned breakdowns and replenish generation capacity.The beleaguered state …
France struggles with refinery strikes, but not planning petrol rationing
PARIS, Oct 8 (Reuters) - More than a fifth of Frances service stations were grappling with supply problems on Saturday, the energy ministry said, as strikes at refineries run by oil majors TotalEnergies (TTEF.PA) and ExxonMobil (XOM.N) continued to st…
EU leaders reaffirm support for Ukraine, squabble over gas price cap
PRAGUE, Oct 7 (Reuters) - European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Pragues ornate royal castle seemed to bring them no closer to deciding on whether or how to cap gas prices…
Rising energy prices could fuel social unrest across Europe this winter
LONDON, Sept 2 (Reuters) - Europes wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.Both Ge…
This decade's oil boom is moving offshore - way offshore
Aug 31 (Reuters) - Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canadas Atlantic coast.Surging oil pr…
New Russia gas halt tightens energy screws on Europe
FRANKFURT/LONDON, Aug 31 (Reuters) - Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the regions…
Switzerland's engineering sector urges country to start energy saving now
ZURICH, Aug 30 (Reuters) - Switzerlands mechanical and electrical engineering sector said on Tuesday that businesses and households need to start energy savings immediately and called for more government support to help companies weather surging power…
Oil climbs on prospect of OPEC supply cut, demand growth
Aug 29 (Reuters) - Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to support prices, coupled with conflict in Libya and rising demand amid soaring natural gas prices in Europe, helped offset a dire outlook for U.S. …