TOKYO — Analysts are predicting “Dr. Copper” will go on a sustained rally as the China-led global economy shows signs of climbing out of the coronavirus slump, though some long-term investors are adamant about staying […]
The setting of a net-zero target by the Biden Administration was the first step toward decarbonization of the energy system and industry. But having a target is the easiest part of America’s energy transition. Now […]
The industry group representing oil and gas companies including Exxon Mobil Corp and Chevron Corp said on Thursday it supports a carbon price as one measure to mitigate climate change risk. Oil and gas trade group the American Petroleum Institute (API) […]
A gradual oil demand recovery is largely on track as economies re-open, British bank Barclays said on Friday, adding that it remained constructive on oil prices despite rising coronavirus cases across Asia and potential return of Iranian supplies. It cut demand […]
New Delhi: Adani Green Energy Limited (AGEL), the renewable arm of the conglomerate group formally announced its outright acquisition of SB Energy early on Wednesday morning in a deal worth $3.5 billion (Rs. 24,000 crore), the largest such transaction […]
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. “The National Iranian Oil Company (NIOC) has signed a contract worth USD 1.78 billion with Petropars […]
U.S. production of ethane, a hydrocarbon gas liquid (HGL) produced primarily in natural gas processing plants, has grown rapidly since 2013. Production has nearly doubled from 0.95 million barrels per day (b/d) in the first […]
FINDLAY, Ohio, /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced the redemption of all of the $300 million outstanding aggregate principal amount of its 5.125% senior notes due April 1, 2024, including the portion of such notes for which […]
The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil demand may continue to grow for another decade or more. On the other hand, if […]
Paris: French group Total, one of the world’s biggest energy companies, is preparing to change its name to TotalEnergies to signal its diversification towards cleaner energy sources. The group, founded in 1924 as the Compagnie francaise des […]
Copyright © 2025 | Sandstone Group