The final investment decision on a US$5.1-billion project involving French oil giant Total in Uganda is expected to be announced as soon as on Sunday

Business

Finance

Africa

Oil and Gas Sector

Bloomberg Quint

Africa News

Energy Voice 

World Oil 

Oil Price

Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead

China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed waters with rival claimants Taiwan and the Philippines, as well as with the United States.
Chinese scientists on a marine research vessel used China’s homemade “Sea Bull II” drilling system to obtain a sediment core 231 metres (253 yards)long at a depth of 2,060 metres (6,760 fe

Military

Asia

Politics

North America

South China Sea Dispute

Beijing

Washington DC

Times of India

Yahoo News

BBC News

Washington Times

Daily Express

China drills in the disputed South China Sea as US naval patrol grows

U.S. Treasury Secretary Janet Yellen on Wednesday released details of a tax hike proposal that would replace subsidies for fossil fuel companies with incentives for production of clean energy in President Joe Biden's infrastructure plan.

US & Canada

Environment

Joe Biden

Coronavirus

Washington

Reuters

Financial Post

Common Dreams

Biden tax plan replaces U.S. fossil fuel subsidies with clean energy incentives

Oil prices well slightly on Tuesday afternoon after the API reported a surprise build in both gasoline and distillate stocks

Oil Prices Under Pressure Following Large Gasoline Build

Russia is slashing its estimates for domestic crude oil, gas, and coal production for 2021 and 2022, according to the latest amendments in the government’s program for energy development

Russia Today

Russia Slashes 2021-2022 Oil Production Forecasts

Workers in nuclear energy and fossil fuel industries earn higher wages than those in renewable energy sectors like wind and solar that are the focus of President Joe Biden's plan to stimulate the U.S. economy and combat climate change, according to an analysis published...

Solar Power

Wages

United States

Nuclear, coal, oil jobs pay more than those in wind, solar: report

A new report from Bank of America has revealed that China has vastly outspent the U.S. in renewable energy technology while becoming a monopolist in much needed rare-earth materials that are often needed to build these clean energy systems

The U.S. Is Losing The Energy Tech War Against China

Global energy trader Vitol's revenue dropped to $140 billion last year from $225 billion in 2019, hit by the sharp economic downturn caused by the COVID-19 pandemic, it said on Tuesday.

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