Brazil’s daily oil production has fallen by about 500,000 barrels as oil workers strike for the third day to protest austerity measures by state-controlled Petroleo Brasileiro SA that are resulting in job losses.
Libya’s Petroleum Facilities Guard halted crude shipments from Zueitina port indefinitely amid the escalating conflict between the divided country’s two rival administrations, putting the OPEC member’s oil exports at risk.
The collapse in oil and natural gas prices is creating an uneasy situation for some producing nations that rely on that revenue to function, a U.S. state department official said Tuesday at a conference in Houston.
A new report quotes one contractor as saying his clean-up was “a cover-up” that involved simply turning over earth to let spilled oil dry for a few days, then returning the still-contaminated soil to the ground.
In early October, the Department of Energy (DOE) published a report examining different weaknesses in the nation’s current energy infrastructure system. The report focused specifically on energy sectors in relation to global climate change, and highlighted severe vulnerabilities for existing energy infrastructure. According to the study, climate change has already been responsible for severe, threatening […]
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