In October, the Intergovernmental Panel on Climate Change (IPCC) issued a clarion call for the world’s governments to increase renewable energy capacity to 85 per cent of electricity by 2050 to urgent…
Energy
U.S. shale oil output to hit record 8.4 million bpd in March: EIA
U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a m…
Oil prices fall as U.S. rig count rise, trade concerns
Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world’s largest oil producer, picked up and financial markets were pulled down by trade concerns. A r…
Crude Oil Prices – Weekly Outlook: Jan. 28 – Feb. 1
Venezuela is likely to stay in the headlines this week, as turmoil in Caracas triggered concerns that its crude exports could soon be disrupted. Amid violent street protests, Venezuela’s opposit…
Vietnam’s dilemma: clean electricity or energy security?
The debate between cheap, polluting energy from coal and expensive, environment-friendly renewable energy was on the agenda at an economic forum. Opening a seminar at the 2019 Vietnam Economic Forum i…
Using Blockchain Technology to Distribute Fuel Efficient Cookstoves in Myanmar
Ayeyarwady Delta, Myanmar, Jan 4 2019 (GGGI) – In November 2018, a team of GGGI social development, and green investment specialists have been talking to representatives from national and region…
Oil Falls 11% for the Week; Biggest Loss in Nearly 3 Years
Oil prices fell again on Friday, ending with an 11% weekly loss, the largest in nearly three years. Bears are closing in on what could be their ultimate prize before the New Year, a test of the $40 su…