The coal power industry acknowledges that to play a stable role in future power markets, it needs to modernize, and perhaps even overhaul its long-held status as a “conventional generator

Mr Grossi said many countries were expanding or introducing nuclear power as part of their energy mix despite the Fukushima Daiichi accident in Japan almost a decade ago and highlighted its role in fighting climate change.

But the agency paints a deeply troubling picture for the country’s greenhouse gas emissions, with carbon pollution dipping briefly this decade, increasing in the 2030s, and falling only 4% overall by 2050,

"New targeted credit lines will support climate action by companies in Bulgaria, Italy, Romania and Spain, improve access to finance by energy, tourism and education companies in Serbia, help agriculture firms in Romania to expand and encourage circular economy investment in Spain," the EIB said in a statement.

Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020.

U.S. International Trade in Goods and Services, December 2019, was $48.9 billion

Two dominant energy industry themes—the move to cleaner energy and digitalisation—can be combined to “positively impact each other”, Shell CTO Yuri Sebregts told the annual meeting of energy technology heavyweight Baker Hughes in Florence on Tuesday.

ConocoPhillips (NYSE: COP) reported fourth-quarter 2019 earnings of $0.7 billion, or $0.65 per share, compared with fourth-quarter 2018 earnings of $1.9 billion, or $1.61 per share.

NOV VARCO revenues for the full year 2019 were $8.48 billion, operating loss was $6.28 billion, and net loss was $6.10 billion, or $15.96 per share. Adjusted EBITDA for the full year was $885 million, or 10.4 percent of sales.

In the wake of the Great East Japan Earthquake of March 11, 2011, the Japanese stock market plunged by twenty percent over two days, in the least talked about flash-crash in history, triggering margin calls and putting several brokers and investors out of business. What if anything was not as it seemed? “The Volatility Smirk” is a financial thriller inspired by those events and presents a unique conspiracy theory angle whilst encompassing a wide variety of topics from black swans to Mahayana Buddhism.

Brent were up 31 cents, or 0.6%, to $54.27 a barrel, WTI were up 21 cents or 0.4% to $49.82 a barrel

"Any overreaction...is not in the interest of the general public, let alone the oil market. We have the consensus that we would not like to see this."

Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz "thoroughly discussed" the current oil market conditions as prices have fallen by more than 20% in the past three weeks amid global oil demand concerns, a Kremlin statement said late Monday.

Gas demand across Europe has been unseasonably weak in January due to warm weather, with the month also seeing a re-routing of Russian gas exports to Europe with the start-up of the TurkStream gas pipeline to Turkey replacing some flows via Ukraine.

When replacing hard coal, natural gas achieves an immediate 50 percent reduction of CO2 emissions.