American oil executives began a pushback against some of President Joe Biden’s climate policies by making the case that fossil fuels from U.S. shale have a lower carbon footprint than imports. Since taking office this […]
Biden has ordered the federal government to buy electric vehicles made in America with union labor. There’s just one problem: No such vehicles exist. Tesla Inc., the leading U.S. electric vehicle manufacturer, has several American-made […]
Singapore’s sovereign wealth fund, GIC, agreed to buy a $2.05 billion minority stake in a Duke Energy Corp. unit, allowing the utility to forgo a planned equity raise as power companies nationwide prioritize renewable-energy development. Selling a 19.9% stake […]
Broad markets fall as speculative trading by retail investors continued to unnerve the market. S&P 500: -1.93% Nasdaq: -2.09% Dow Jones: -1.98% There are also fears that the GameStop mania is a sign of a […]
Biden’s one-year moratorium on new leases for fossil fuel extraction from federal lands and waters will have a minimal, short-term impact on oil and gas companies that long anticipated such a move. But if the […]
President Joe Biden outlined ambitious new plans for taking on climate change on Wednesday, but the most potent weapon may already be in his arsenal. The five-member Federal Energy Regulatory Commission is poised to play a pivotal role fulfilling […]
President Joe Biden enlisted the entire U.S. government in the fight against climate change on Wednesday, even telling the Central Intelligence Agency to consider global warming a national security threat. Yet he left out coal […]
London — Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later despite the sharp acceleration in COVID-19 infections and new lockdowns which have hit energy consumption […]
Energy News Beat Publishers Note: This is one of the biggest stories that could impact world oil supply, and subsequently prices. With the Biden administration selecting the original negotiator for the Iran Nuclear deal, Iran […]
Jan. 29, 2021– Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share – diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per share – diluted) in fourth quarter 2019. Included in the current […]
Copyright © 2025 | Sandstone Group