News

CNBC Energy

Scandinavia's biggest offshore wind farm is officially open
The facility is located in the North Sea, off the west coast of Denmark.

Renewable energy powerhouse Statkraft acquires electric vehicle charging business
Statkraft is a major player in hydropower.

Doubling down on Iraq investment, Crescent Petroleum CEO says
Majid Jafar, CEO of Crescent Petroleum, discusses the geopolitical risks hanging over the oil industry.

How a not-for-profit charity is helping Apple, Goldman Sachs and others to embrace renewables
Around the world, major businesses are saying they want to reduce their impact on the environment.

Qatar may be losing the top spot as world's biggest LNG exporter
The U.S Energy Information Administration (EIA) says Australia is on track to consistently export more LNG than Qatar.

WorldOil

New Citgo chief won’t sell out, making debt reduction a top priority
Citgo Petroleum isn’t for sale, says the man named the company’s new leader by the opposition to Venezuelan President Nicolas Maduro. His priority moving forward is to prepare for a return to normalcy.

China places first-time tariff on U.S. crude
Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated.

Cap on sulphur emissions to drive global demand for LNG as shipping fuel
The new IMO regulation will have an impact on up to 70,000 ships around the world once it comes into effect on January 1, 2020. Vessel operators are expected to turn to cleaner fuels to meet their targets and global environmental commitments.