Oil held above $69 a barrel in London after a raft of economic data from China added to signs of recovery from the coronavirus pandemic. Brent futures traded up 0.4% after earlier climbing 1.2%. Figures […]
Energy News Beat Publishers Note: This is due to Saudi Arabia’s leadership in cutting oil production. This will be a short-term gain. The United States overtook Saudi Arabia as India’s second-biggest oil supplier after Iraq […]
Missiles and rockets struck fuel tankers in northern Syria near the Turkish border, causing casualties, Turkey’s defense ministry and local rescue workers said. The fuel tankers were parked alongside primitive oil refineries between the towns […]
Petroleos Mexicanos discovered what’s expected to be a billion-barrel oil field in Tabasco as it aims to reverse a decade and a half of sinking production. The new field at the southern part of the […]
There is more than one way to set about decarbonizing an oil and gas giant. The European majors are diversifying away from oil and gas, making significant investments in renewables and have plans to invest all […]
The recipe for renewable energy’s 2020 breakout was so perfect it deserves a Michelin star. Technological improvements had been simmering for years and paired perfectly with short-term seasonings like low interest rates. The result was […]
Telegraph reported. Britain is considering options that include ending permits in 2040, and an immediate temporary pause in licensing, the newspaper reported. It’s also possible that there will be no changes. The U.K. has a […]
The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years from about $270 billion, if oil prices continue to stay elevated, according to Goldman Sachs Group Inc. If prices for […]
Volkswagen AG, BP Plc and the oil company’s German gas station brand Aral are planning to invest in an electric-car charging network in Europe, Germany’s Manager Magazin reported. Details are likely to be announced Monday […]
CNBC Opinion: Crude oil prices are on a path to heights not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain […]
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