InsideClimateNews.org -- U.S. oil production is suddenly growing so fast that some analysts are questioning how much the country really needs the Canadian tar sands oil that would move through the proposed Keystone XL pipeline.
European Union leaders urged faster integration of the bloc’s power and natural-gas markets to lower energy prices as the U.S. shale-gas revolution widens the EU’s cost gap with its largest trading partner.
Sachin Ingale slipped out of his family’s two-room, white-painted mud hut about 4 p.m. and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening.
The premium traders in Asia are paying for the earliest deliveries of fuel oil is poised to slide from an eight-month high as Europe floods the region with excess supplies and Chinese refinery demand wanes.
The International Energy Agency’s reduced forecast for expansion in global refining may temper expectations for an improved market for tankers hauling refined fuels, according to Arctic Securities ASA.