A U.S. Department of Energy…
With Maduro having banned the…
One small company is strategically…
Brazil’s state-owned energy heavyweight Petrobras will be distributing more modest dividends in the future as it prepares to become a renewable energy company. That’s according to chief executive Jean Paul…
Analysts and energy industry executives are sounding the alarm about underinvestments in oil and gas exploration. This has been going on for years, and it is a recipe for shortages…
Oil and gas upstream majors — ExxonMobil, Shell, Chevron, BP, TotalEnergies and Eni — will continue to exercise caution in exploration spending this year, with drilling activity poised…
Countries worldwide are accelerating the closure of their coal plants, as governments and private companies plough money into growing the global renewable energy capacity, supporting a gradual transition away from…
Incheon National University scientists have developed a method to improve the stability and properties of lithium ion battery separators with a layer of silicon dioxide and other…
An oil services company in western Kazakhstan whose operations have been hampered by a strike that began in December has escalated the standoff by announcing that it will…
A slower pace of the energy transition will push peak oil demand beyond 2030, according to the world’s biggest independent oil trader, Vitol Group. “Oil demand has a good few…
Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for…
The long-awaited US$8.5 billion 230,000-barrels per day (bpd) Duqm Refinery Project (DRP) – and its ancillary projects (costing another US$10 billion or so) – were officially inaugurated on 7 February,…
Crude oil prices went lower today, after the U.S. Energy Information Administration reported an estimated inventory increase of 4.2 million barrels for the week to February 23. This
While governments worldwide are getting behind the green transition, pumping billions in public funds into green energy and clean tech, most investors seem uninterested in protecting the environment unless they…
Automotive News was the first to report Ford Motor Co. halted shipments of all 2024 F-150 Lightning electric pickup trucks for an undisclosed quality control issue just weeks…
With the U.S. presidential election coming up in November, many are wondering what will happen following three years of green progress if a Republican candidate wins the election. As per…
The Biden administration has set an ambitious target to generate 80% of the United States’ electricity from renewables by 2030 and 100% carbon-free electricity by 2035. However, the country’s aging…
A North American company is gearing up to drill two of the potentially most important wells for a new phase of European energy.Proven oil and gas resources and successful previously…
Oil prices continue to trade in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark, with traders anticipating potentially impactful US…
The world’s biggest independent oil traders have earned record-high profits in the past two years amid market volatility and a rebound in the demand for energy commodities. The four…
Every year investors eagerly anticipate the arrival of Warren Buffett’s annual letter to Berkshire Hathaway shareholders. In this year’s letter, after discussing favorite companies like Coke, Apple, and Occidental Petroleum,…
Color us not surprised, but another one of the Biden administration's "visions" for forcing people to own electric vehicles isn't working out exactly as…
Something odd is taking place in the oil market. While on one hand "data" dissembled by Biden's Dept of Energy and specifically its statistical arm, the Energy Information…