Lawsuits against big oil companies…
China, facing US threats of…
WTI crude found resistance at…
Big Oil majors will bid for two exploration blocks in Brazil's prolific pre-salt zone today, with the eleven competitors including Exxon and Shell, as well as Brazilian companies. This will…
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights. U.S. implied petroleum…
U.S. gasoline prices have dropped by $0.10 since Thanksgiving and are set to fall further until Christmas, although the holiday prices could be close to the highest Christmas gasoline prices…
The Public Utility Commission of Texas is discussing major reforms to the state’s electricity market with the purpose to avoid a repeat of the power failures and blackouts in February…
On top of an ongoing natural gas crunch, Europe faces the winter season with reduced nuclear output in France, exacerbating the energy crisis and leaving large parts of the continent…
It looks as though Tesla is leaning on China's judicial system to try and hamper complaints about its brand and bad press in the country. Tesla…
The German regulator reviewing the certification of the Nord Stream 2 gas pipeline will not make a decision before July 2022, the president of the regulator said on Thursday, in…
Senator Elizabeth Warren has asked the Securities and Exchange Commission to launch an investigation into the remuneration of executives at several oil companies, including Marathon Petroleum, Chevron, and Occidental Petroleum.…
Oil and gas industry tycoon Harold Hamm has a dream. In that dream, the Harold Hamm Foundation and Continental Resources Inc. (NYSE: CLR), donate $50 million to Oklahoma State University…
The oil and gas industry is set to spend $15.6 billion on digital transformation by the end of this decade to enhance cybersecurity, maintain safe operations, and create sustainable performance,…
Oil prices are likely to stay higher than $60 per barrel over the medium term, Moody’s said on Wednesday, as reported by LiveSquawk. According to the credit rating agency,…
For the second time this year, the UK is slashing the grants available to buyers of electric vehicles (EVs) as it looks to curb spending and targets less expensive models.…
A combination of China’s policies to curb pollution in time for the Winter Olympics, its crackdown on illegal practices at independent refiners, and its zero-COVID policy with intermittent lockdowns are…
The pace of Gazprom’s natural gas exports’ growth to Europe has slowed in recent months to just under five percent, according to data published by the Kremlin-backed gas…
The European Commission unveiled on Wednesday proposals to curb methane emissions and reduce leaks in the energy sector in the European Union (EU) as part of efforts to put…
New York City authorities are set to decide today whether to ban natural gas connections for new buildings in a bid to reduce the city's carbon footprint, the Associated Press…
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 815,000 barrels. U.S. crude inventories have shed some 61 million barrels since the beginning…
The U.S. solar industry is set to be torn between huge opportunities and major stumbling blocks in the coming months and years, and it will likely see a wild “solar…
Mexico could further ease the fiscal burden on its state oil firm Pemex, the world's most indebted oil company, as the government looks to stop years of production declines. "With…
The world's largest sovereign wealth fund, Norway's $1.4 trillion Government Pension Fund Global (GPFG), is pre-screening companies for sustainability risk before deciding to invest in them and, within one decade,…