Energy News Beat Publishers Note (ENB): We have been following the Nord Stream 2 pipeline political problems for well over a year. This Monday on the Energy News Beat Podcast we covered the political items […]
FINDLAY, Ohio , /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced the close of the $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). In conjunction […]
TRAVERSE CITY, Mich. (AP) — An Upper Midwestern oil pipeline continued operating Wednesday, despite a shutdown demand from Michigan Gov. Gretchen Whitmer that the operator warned could lead to fuel disruptions similar to those resulting […]
Adani Green, the renewable energy producer controlled by Indian billionaire Gautam Adani, said it has agreed to buy SB Energy India from SoftBank Group (SBG) and Bharti Enterprises for $3.5 billion. The acquisition of SB Energy India, which has a portfolio of […]
Houston-based Ranger Energy Services, Inc. has acquired oil field services company, Patriot Completion Solutions LLC., expanding Ranger’s wireline business while also preserving its balance sheet. Ranger stated in a company release that the deal was […]
NEW YORK: Oil settled lower on Tuesday, tumbling from a two-month high after media reports said the United States and Iran have made progress on reviving a deal restricting the OPEC country’s nuclear weapons development, which would […]
Human error and worst-case scenarios triggered a widespread power outage in Taiwan, rocking its reliability as a top supplier of computer chips as the industry grapples with a global shortage. A dual coal- and gas-fired power plant in the southern […]
Disruptions to Colonial Pipeline operations prompted an increase in the average U.S. retail price for regular grade gasoline (retail gasoline price) to $3.03 per gallon (gal) on May 17, the first time retail gasoline prices […]
Oman said it plans to build one of the world’s largest green hydrogen plants, as Middle Eastern states step up efforts to produce a fuel seen as crucial to the clean energy transition. State oil […]
When headline crude futures topped $70 a barrel on Tuesday, it was just the latest landmark in a banner year for raw materials. From copper to iron ore and oil, prices have rallied broadly in […]
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