Singapore — 0255 GMT: Crude oil futures were lower during mid-morning trade in Asia Feb. 11 on the back of a build in US gasoline inventories and despite the sharp drop in crude oil stocks. At […]
February 11th, 2021, 4:30 AM CST Ben van Beurden, chief executive officer at Royal Dutch Shell Plc., discusses transitioning the company away from oil and gas, his business strategy and his outlook for oil. He […]
Crude Oil and Natural Gas News Putin wants to take out US Shale, and produce everything Biden bans. OPEC still has no enforcement of production Total says that there will be 10mbd off the market […]
Bloom Energy Corporation (NYSE: BE) today announced financial results for its fourth quarter and full year that ended December 31, 2020. Fourth Quarter Financial Highlights Revenue of $249.4 million in the fourth quarter of 2020, […]
Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the quarter and year ended December 31, 2020. HIGHLIGHTS For the quarter and year ended December 31, 2020, DCP generated net income (loss) attributable to […]
France’s supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the […]
Toyota Motor Corp. plans to begin selling a pair of battery-powered vehicles in the U.S. this year, revising a wait-and-see approach to electric cars and trucks. The Japanese automaker said Wednesday it will start selling the unnamed EVs […]
Iraq said the OPEC+ oil cartel is unlikely to change its production policy at next month’s meeting and repeated promises to deliver overdue output cuts, even as the Arab nation’s economy reels. The group of crude […]
Russia’s president Vladimir Puit has formally approved the startup of the Pik high-flux research reactor at the BP Konstantinov St Petersburg Nuclear Physics Institute (PNPI), part of the country’s Kurchatov Institute national research centre. “I […]
U.S. President Joe Biden’s push to slash carbon emissions may inadvertently give a short-term boost to energy companies in one of the world’s biggest polluters. Investors are betting that Russian oil giants such as Lukoil […]
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