(Bloomberg) — Less than two years ago, Engie SA scrapped plans to buy U.S. liquefied natural gas, handing a victory to environmentalists that urged the French energy giant to drop the purchase on pollution concerns. […]
(Bloomberg) — Abu Dhabi National Oil Co. plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand. The LNG facility, to be built at […]
At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict. However, in the second half of the quarter a minor increase in the number of […]
Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. […]
(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center. In the past three […]
The global economy is powered primarily by energy and debt, with energy-providing production and debt-providing finance. Today, central banks are aggressively increasing interest rates in order to counter inflation, but the move could leave commodity […]
The average price of regular gasoline in the U.S. hit another record high on Wednesday, coming in at $4.56 per gallon, according to the AAA gas prices website. On May 10, the average price of the […]
The United States is considering proposing that European countries impose a tariff on Russian oil to allay concerns about the security of supply and surging oil prices, U.S. Treasury officials told Reuters on Tuesday. The proposal is […]
The government put the privatisation of BPCL on hold as it only got a single bid, the source, who did not want to be named, said. NEW DELHI:India‘s government will have another look at plans […]
The Cabinet, headed by Prime Minister Narendra Modi, at its meeting on Wednesday approved the amendments to the National Policy on Biofuels, an official statement said. New Delhi: The UnionCabineton Wednesday approved advancing the target […]
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