Gas Prices Around the World Threaten Livelihoods and Stability

Around the world, from South Asia and Africa to Europe and Latin America, the cost of filling a car’s tank, getting to work and cooking dinner has spiked.

#birol-fatih, #economic-conditions-and-trends, #international-energy-agency, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #recession-and-depression, #russian-invasion-of-ukraine-2022, #supply-chain, #united-states-economy

Russia’s Oil Revenue Soars Despite Sanctions, Study Finds

Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.

#defense-and-military-forces, #embargoes-and-sanctions, #europe, #european-union, #gazprom, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #international-trade-and-world-market, #kyiv-ukraine, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #treasury-department, #war-and-armed-conflicts, #yellen-janet-l

Harsh Winter Could Force Europe to Ration Gas, Global Energy Leader Warns

Fatih Birol, the head of the International Energy Agency, says he has been urging leaders to draw up contingency plans.

#birol-fatih, #economic-conditions-and-trends, #energy-efficiency, #european-union, #international-energy-agency, #oil-petroleum-and-gasoline, #rationing-and-allocation-of-resources, #russian-invasion-of-ukraine-2022

Russia Wants to Sell More Energy to Asia, but Has to Slash Prices

Russia wants to sell more oil and coal to China and India, but Western sanctions may make that hard unless Russia offers deep discounts on the price.

#china, #embargoes-and-sanctions, #europe, #international-energy-agency, #oil-petroleum-and-gasoline, #ports, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #sakhalin-island-russia, #ships-and-shipping, #yergin-daniel

OPEC and Russia to Meet as War in Ukraine Roils Oil Market

Big producers seem to be sticking to modest output raises and alliance with Russia.

#abu-dhabi-national-oil-co-adnoc, #angola, #atlantic-council, #china, #embargoes-and-sanctions, #europe, #granholm-jennifer-m, #greenhouse-gas-emissions, #houthis, #international-energy-agency, #international-trade-and-world-market, #middle-east-institute, #nigeria, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #saudi-arabia, #united-arab-emirates

Internation Energy Agency Says Nations Should Conserve Fuel as Global Energy Crisis Looms

The International Energy Agency said countries should encourage use of mass transit and car pooling, among other things. That could also help the climate crisis.

#alternative-and-renewable-energy, #energy-and-power, #energy-efficiency, #global-warming, #granholm-jennifer-m, #greenhouse-gas-emissions, #international-energy-agency, #natural-gas, #oil-petroleum-and-gasoline, #russian-invasion-of-ukraine-2022

Russian Oil Not Worth the Trouble, Some Traders Conclude

European buyers, shippers, banks and insurers have grown leery of doing business with Russia in recent days, even at deep discounts.

#embargoes-and-sanctions, #europe, #international-energy-agency, #international-relations, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #ships-and-shipping, #ukraine, #united-states

How Spiking Energy Prices Complicate the Fight Against Global Warming

Oil and gas prices are soaring, while coal use is reaching record highs worldwide. Here’s what the upheaval could mean for climate policies across the globe.

#coal, #energy-and-power, #european-union, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates

Biden to Tap Into U.S. Oil Reserves to Combat Rising Gas Prices

In an attempt to reduce global energy prices, the White House will release 50 million barrels of crude oil along with Britain, China, India, Japan and South Korea.

#biden-joseph-r-jr, #international-energy-agency, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries, #prices-fares-fees-and-rates, #strategic-petroleum-reserve-us, #united-states-politics-and-government

Oil Output Is Increasing, Possibly Easing Prices, a Report Says

The International Energy Agency said in its monthly report that oil production was picking up in the United States.

#gulf-of-mexico, #international-energy-agency, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #production

The Developing World Is Falling Short on Emissions Reductions

Plans for new power generation won’t meet global climate goals.

#alternative-and-renewable-energy, #carbon-dioxide, #china, #coal, #corporations, #electric-light-and-power, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #international-trade-and-world-market, #japan, #mexico, #pakistan, #south-africa, #third-world-and-developing-countries, #vietnam

Fossil-Fuel Use Could Peak in Just a Few Years. Still, Major Challenges Loom.

The world has made progress in the fight against climate change, with wind, solar and other clean technologies taking off. But more is needed to avert catastrophe, a new report finds.

#alternative-and-renewable-energy, #carbon-capture-and-sequestration, #carbon-dioxide, #coal, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #solar-energy, #wind-power

Europe’s Energy Prices Soar Amid Switch to Renewable Resources

Britain and the rest of Europe are watching natural gas prices and utility bills soar, and Russia is coming under pressure to provide more gas.

#alternative-and-renewable-energy, #electric-light-and-power, #europe, #gazprom, #great-britain, #greenhouse-gas-emissions, #international-energy-agency, #natural-gas, #nord-stream-ag, #prices-fares-fees-and-rates, #russia, #wind, #wind-power

Don’t Let the Fossil Fuel Industry Pivot to Toxic Plastics and Chemicals

As we confront climate change, focusing on a single metric, like greenhouse gas emissions, could leave other harmful practices unaddressed.

#africa, #chemicals, #environmental-protection-agency, #european-commission, #european-union, #far-east-south-and-southeast-asia-and-pacific-areas, #flame-retardants, #global-warming, #greenhouse-gas-emissions, #hazardous-and-toxic-substances, #international-energy-agency, #mckinseyco, #national-academies-of-the-united-states, #natural-gas, #ohio, #oil-petroleum-and-gasoline, #pennsylvania, #plastics, #recycling-of-waste-materials, #united-states, #waste-materials-and-disposal

G7 Nations Take Aggressive Climate Action, But Hold Back on Coal

President Biden pushed climate action after four years in which Donald Trump rejected cooperation with allies. But leaders failed to set an expiration date for burning coal.

#biden-joseph-r-jr, #coal, #global-warming, #greenhouse-gas-emissions, #group-of-seven, #international-energy-agency, #manchin-joe-iii, #united-nations-framework-convention-on-climate-change, #united-states-international-relations, #united-states-politics-and-government

Nations Must Drop Fossil Fuels, Fast, World Energy Body Warns

A landmark report from the International Energy Agency says countries need to move faster and more aggressively to cut planet-warming pollution.

#carbon-capture-and-sequestration, #carbon-dioxide, #coal, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #oil-petroleum-and-gasoline

The Wind and Solar Boom Is Here

The world is adopting renewable sources of power much faster than experts thought possible.

#alternative-and-renewable-energy, #electric-light-and-power, #griffith-saul-1974, #international-energy-agency, #oil-petroleum-and-gasoline, #saudi-arabia, #solar-energy, #wind-power

Coal Is Set to Roar Back, and So Are Its Climate Risks

To slow down climate change, new coal projects need to end. A global forecast this week shows demand rising sharply.

#alternative-and-renewable-energy, #china, #coal, #electric-and-hybrid-vehicles, #electric-light-and-power, #global-warming, #greenhouse-gas-emissions, #india, #international-energy-agency, #mines-and-mining, #natural-gas, #united-nations-framework-convention-on-climate-change

Al Gore: I Have Hope on the Climate Crisis. America Must Lead.

The Biden administration will have the opportunity to restore confidence in America and take on the worsening climate crisis.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #coronavirus-2019-ncov, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #intergovernmental-panel-on-climate-change, #international-energy-agency, #labor-and-jobs, #paris-france, #presidential-election-of-2020, #solar-energy, #trump-donald-j, #united-nations-framework-convention-on-climate-change, #united-states

Southern Iraq’s Toxic Twilight

Burning Gas and Poisoning the Air

#accidents-and-safety, #basra-iraq, #cancer, #environment, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #iraq, #natural-gas, #oil-petroleum-and-gasoline, #power-failures-and-blackouts

OPEC and Russia May Ease Oil Production Cuts

As lockdowns ease, the Saudis and their allies see room to increase their output. But the spread of the virus “is casting a shadow” over their plans.

#abdulaziz-bin-salman-prince-of-saudi-arabia, #coronavirus-2019-ncov, #coronavirus-reopenings, #international-energy-agency, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries

As Energy Prices Tumble, Developing Countries Trim Subsidies

Trying to cut spending as the pandemic reduces tax revenue, governments are finding it easier to lift restraints on what consumers pay for fuel.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #ecuador, #electric-light-and-power, #energy-and-power, #india, #international-energy-agency, #nigeria, #oil-petroleum-and-gasoline, #politics-and-government, #prices-fares-fees-and-rates, #taxation

Emissions Declines Will Set Records This Year. But It’s Not Good News.

An “unprecedented” fall in fossil fuel use, driven by the Covid-19 crisis, is likely to lead to a nearly 8 percent drop, according to new research.

#alternative-and-renewable-energy, #coal, #coronavirus-2019-ncov, #economic-conditions-and-trends, #environment, #global-warming, #greenhouse-gas-emissions, #international-energy-agency

Oil Prices Crash, Virus Hits, Commerce Stops: Iraq Is in Trouble.

Iraq depends on oil revenues, which have plummeted. The country is so desperate it is asking for donations to help it weather the pandemic.

#baghdad-iraq, #coronavirus-2019-ncov, #curfews, #economic-conditions-and-trends, #government-contracts-and-procurement, #international-energy-agency, #international-monetary-fund, #iraq, #labor-and-jobs, #layoffs-and-job-reductions, #mahdi-adel-abdul, #oil-petroleum-and-gasoline, #politics-and-government, #salih-barham