(Bloomberg) — Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. Chevron will produce […]
Hedge fund Elliott Administration has launched an activist marketing campaign towards Suncor Power, certainly one of Canada’s greatest oil producers, calling for an overhaul of firm management in a guess on the way forward for […]
Congressional Democrats plan to unveil legislation Thursday to beef up the Federal Trade Commission’s authority to go after gasoline price manipulation, according to a person familiar with the matter, but its chances for passage hinge […]
French oil major TotalEnergies is further expanding its presence in the U.S. renewable energy industry by acquiring Austin-based Core Solar. Core Solar has a portfolio of more than 4 GW of utility-scale solar and energy […]
Russia’s profits on its oil and gas sales have spiked since it invaded Ukraine, with the country raking in $66 billion despite Western sanctions crippling much of its economy. Russian exports to the European Union, worth approximately 44 […]
International Renewable Energy Agency (IRENA) Director General Francesco La Camera speaks on the global and the Indian energy transition story, green hydrogen, the agency’s partnership with the Indian government and the Ukraine crisis.In an exclusive […]
Oil closed at the highest level in nearly two weeks as prospects for a European Union ban on crude imports from Russia seemed more likely, with an extra jolt of support coming from a growing […]
Several European Union nations are pushing for clearer guidance from the bloc on Russia’s demand to pay for gas in rubles, saying the current advice is too ambiguous. The European Commission told the ambassadors at […]
China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products. In the second half of the year, China processed slightly less crude oil and began exporting significantly less […]
April 28, 2022 Source: Graph by the U.S. Energy Information Administration, based on data from China General Administration of Customs, as compiled by Bloomberg, L.P. China processed record amounts of crude oil in […]
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