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EnergyNews

Chevron
Big Oil Companies

Chevron boosts annual share buyback target to up to $20 billion

February 28, 2023 Mariel Alumit

Feb 28 (Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday raised its share buyback outlook to between $10 billion and $20 billion per year and reaffirmed its production guidance of more than 3% annual […]

Brookfield
Energy Transition

Brookfield Seeks $20 Billion for Next Energy Transition Fund

February 28, 2023 Mariel Alumit

​Brookfield Asset Management Ltd. aims to raise about $20 billion for its second fund dedicated to investing in the global transition to clean energy from fossil fuels, according to people familiar with the matter. Fundraising […]

Europe
Energy Crisis

China’s Gas Demand Is a Bigger Worry for Europe Than Russia Cutoff

February 28, 2023 Mariel Alumit

​Europe’s gas supplies could be hit harder by a bigger-than-expected jump in Chinese demand this year than from a complete halt in Russian flows, according to the International Energy Agency. While Chinese demand is the […]

U.S
EnergyNews

U.S. natgas jumps 6% to one-month high on rising demand, output decline

February 27, 2023 Mariel Alumit

  ​U.S. natural gas futures jumped about 6% to a one-month high on Monday on forecasts for more demand this week than previously expected and a drop in gas output so far this month. In addition […]

Poland
Energy Crisis

Russia halts pipeline oil to Poland says refiner PKN Orlen

February 26, 2023 Mariel Alumit

A view shows pipelines at an oil pumping station of Druzhba pipeline, in Adamowo, Poland, June 14, 2011. Jedrzej Wojnar/Agencja Wyborcza.pl via REUTERS A view shows pipelines at an oil pumping station of Druzhba pipeline, […]

Europe
EnergyNews

Europe Banks on Its €72 Billion to Counter Biden’s Green Payouts

February 26, 2023 Mariel Alumit

​Europe’s initial anger at President Joe Biden’s massive green subsidy plan has waned in light of assessments that rank EU incentives to boost clean technology as equal to or surpassing some of the benefits offered […]

CO2 & GHG

US 2022 power plant emissions fell on switch from coal to gas -EPA

February 25, 2023 Mariel Alumit

WASHINGTON, Feb 24 (Reuters) – U.S. power plant emissions of pollutants that harm human health and warm the planet fell last year as the industry continued a switch from coal to natural gas, the Environmental […]

EnergyNews

Pioneer Natural Resources Considers Buying Explorer Range

February 25, 2023 Mariel Alumit

Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to people familiar with the the matter. Texas-based Pioneer is weighing […]

U.S
Crude Oil News

Oil flat on week as U.S. inventories rise but Russia cuts supply

February 25, 2023 Mariel Alumit

​ Brent crude futures settled at $83.16 a barrel, up 95 cents, or 1.2%. West Texas Intermediate U.S. crude futures (WTI) settled at $76.32 a barrel, rising 93 cents, or 1.2%. Earlier, both fell by […]

Energy Crisis

U.S. Plans $550 million Aid for Ukraine, Moldova Energy Security

February 25, 2023 Mariel Alumit

  Firefighters work to put out a fire at energy infrastructure facilities damaged by Russian missile strike, as Russia’s attack on Ukraine continues, in Kyiv region, Ukraine November 15, 2022. State Emergency Service of Ukraine/Handout […]

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