Starting an hour-long video call U.S. officials described as “warm” and “candid,” Biden and Modi both publicly expressed growing alarm at the destruction inside Ukraine, especially in Bucha, where many civilians have been killed.WASHINGTON: PresidentJoe […]
KYIV, Ukraine — DTEK CEO Maxim Timchenko gave a press briefing on April 7, discussing Ukraine’s energy security, as well as efforts to replace Russian supplies. Much of the talk centered around generating electricity and […]
Bloomberg) — Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain why they haven’t raised production fast enough to tame skyrocketing energy prices. For Shell […]
U.S. President Joe Biden outlined a series of steps the White House is taking to reduce high prices at the pump. The U.S. President called on Congress on Thursday to make American oil companies pay […]
At the COP26 conference, a 190-strong coalition of countries, banks and investors lined up to give their support to plans to phase out coal power. The timing was less than perfect. Today, just a few […]
The European Union is holding a high-level dialogue meeting with OPEC on Monday, as the EU is looking at ways to step up sanctions against Russia, including by an oil embargo. The meeting, being held […]
The European Union may make its renewable energy capacity buildup targets even more ambitious than they already are in light of its search for alternatives to Russian fossil fuels. “What we will do in the […]
Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and […]
ExxonMobil directors have advised shareholders to vote against a climate proposal submitted by green shareholder Follow This that requests Paris-consistent emissions reductions targets. In 2021, the majority of shareholders voted in favor of the Follow […]
Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.8%, or $3.85, to trade at $98.91 per barrel. West Texas Intermediate crude futures, the U.S. […]
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