Bitcoin’s Energy Problem Isn’t Going Away Anytime Soon | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Mar 25, 2021, 1:00 PM CDT Since its debut 12 years ago, bitcoin has frequently been lambasted for its energy-intensive mining process....Continue Reading

China Overtakes U.S. As World’s Largest Refiner | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 25, 2021, 12:00 PM CDT As the shift in oil demand...Continue Reading

Canada Oil Industry to Shed 7,300 Jobs This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2021, 11:30 AM CDT Canada’s oil industry could see another 7,300 jobs lost this year, said the Petroleum Labour Market Information division of Energy Safety Canada, as...Continue Reading

The borrowing plan underscores how badly Persian Gulf countries were impacted by the drop in crude prices last year as the coronavirus pandemic spread and energy demand plunged. SourceContinue Reading

Yemen’s Iran-backed Houthi rebels are ready for an “honorable peace” but Saudi Arabia must end its attacks and lift its siege, group leader Abdul Malik al-Houthi said on Thursday. SourceContinue Reading

There’s growing alarm in Canberra over what’s expected to be Australia’s inevitable increased dependence on foreign petroleum amid a major influx of cheaper refined oil products from China. It comes as China’s crude oil refinery capacity is rapidly expanding and simultaneously Australia is about to see its last four refineries cut down by two, given the recent announced closures of an...Continue Reading

The decision means Canada’s most ambitious environmental policy to date, which would see the baseline price on carbon rise to C$170 ($135) per metric ton by 2030, will stand. SourceContinue Reading

Customers Can Now Buy Tesla With Bitcoin | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2021, 10:30 AM CDT Tesla has started accepting bitcoin, Elon Musk said on Wednesday, fulfilling a promise from last month when the U.S. electric vehicle (EV) maker invested...Continue Reading

Most Hydrogen Is A “Climate Killer”: Enel Executive | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Mar 25, 2021, 10:00 AM CDT “Today, hydrogen is anything but clean. That 98% produced today is an industrial feedstock. Just 2% is produced from electrolysis,” said Enel Green...Continue Reading

Gas Pipeline Explosion Cuts Venezuela Oil Production By 30,000 Bpd | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2021, 9:30 AM CDT A burst natural gas pipeline in Venezuela has forced PDVSA to cut light crude oil production by 30,000 bpd, Reuters has...Continue Reading