The U.S. dollar has had an incredible run throughout 2022, appreciating against most major currencies as the world’s central banks continue to combat rising inflation. This year alone, the dollar is up 15% against the […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
The Biden administration’s plan to crack down on smog in the oil-rich Permian Basin threatens to curb crude production while gasoline prices are near record highs and energy scarcity grips the globe, the industry warned […]
Oil tankers that previously carried Iranian oil are switching to haul Russian crude, according to shipping analytics company Vortexa. Eleven of the tracked ships that previously carried Iranian crude have loaded Russian oil and products since April, […]
Devon Energy Corp. wrapped up its previously announced purchase of RimRock Oil and Gas LP on July 21, described by Devon as a “bolt-on” acquisition in the Williston Basin. Oklahoma City-based Devon had entered into a definitive […]
BlackRock Inc, the largest asset manager in the world, has confirmed a $1.7 trillion loss in the first half of 2022 as rife inflation and recession eat through financial markets. BlackRock Loses $1.7 Trillion in […]
Russia’s President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed continued cooperation within OPEC+ in a phone call on Thursday, according to a statement from the Kremlin. “It was emphasized that a further […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
MEXICO CITY, July 21 (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday denied his energy policies breached a regional trade agreement after Canada challenged them, and said that he had reached agreement with […]
The renewable purchase obligation (RPO) specified by the union power ministry for the last three financial years was 17.5 per cent in FY20, 19 per cent in FY21, and 21 per cent in FY22. However, […]
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