BlackRock (NYSE:BLK) stock climbed 3.8% in Monday afternoon trading as the asset manager was said to have formed a unit to make investments in opportunities tied to the global transition to a low-carbon economy. The […]
Exxon Mobil (NYSE:XOM) said Monday it has left Russia completely after Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in the Sakhalin-1 oil and gas […]
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, […]
BERNSTEIN TOUTS OIL AND GAS LEASE SALES: The White House is using new oil and gas leasing mandates in Democrats’ Inflation Reduction Act to shield President Joe Biden and the party from accusations that their energy policy is […]
Every year for the last 12 years, Michael Cembalest, the Chief Investment Officer at J.P. Morgan asset management, has published a report on the state of the global energy space. It is a comprehensive assessment […]
After remaining relatively flat in recent weeks, the US rig count took a sharp jump in mid-October, posting its fourth gain in the last five weeks. In the weekly rig count it has released since […]
A former undersecretary of state for economic affairs and CEO of DocuSign, Keith Krach, is on a mission to divest Chinese stocks from funds restricted to companies that meet environmental, social, and governance goals. In […]
Electric vehicle demand is soaring despite the lack of public charging infrastructure. While demand remains strong, there is a clear need for increased investment in charging infrastructure. China is leading the deployment of charging infrastructure […]
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas. In recent months, Chinese LNG importers have been selling their excess inventories to Europe. Europe’s LNG supply could dwindle […]
The White House is in damage control after rare criticism directed against US ally Pakistan by President Joe Biden has created an uproar and severe diplomatic tensions. Biden said last Thursday that Pakistan was “one […]
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