Canada is banning the manufacture and importation of single-use plastics by the end of the year, the government announced on Monday, in a major effort to combat plastic waste and address climate change. The ban […]
(Bloomberg) — Libya’s oil production has risen in the past week to around 700,000 to 800,000 barrels a day, according to Energy Minister Mohamed Oun. Oun, who gave the updated estimate on Monday, said on June 13 […]
The U.S. nuclear industry is generating less electricity as reactors retire, but now plant operators are hoping to nearly double their output over the next three decades, according to the industry’s trade association. The massive […]
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia. Since the start of the war, based on the […]
SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (“SWN or the “Company”) (NYSE: SWN) today announced that its Board of Directors authorized a share repurchase program. Key Highlights: Authorization for up to $1 billion of share repurchases through […]
ConocoPhillips has joined other Western energy firms in taking a stake in a $29 billion project to boost Qatar’s exports of natural gas. The Houston-based company will buy a 3.1 per cent holding in the […]
In what by this time can’t be seen as a shock move, Petrobras chief executive officer Jose Mauro Coelho has resigned from the company amid immense political pressure. Coelho is one more name in a […]
Crude oil futures were higher in mid-morning trade in Asia June 21, extending overnight gains as recessionary fears that plagued markets in recent weeks receded and investors returned focus to bullish near-term fundamentals. At 10:33 […]
Oil and gas markets may be tight for another three to five years as the industry tries to catch up with underinvestment in new production due to the pandemic, ExxonMobil CEO Darren Woods said June […]
Freeport LNG expects partial operation to resume in early September at its $13.5-billion liquefied natural gas plant and export terminal in Freeport, Texas, following a June 8 gas leak-triggered fire and explosion in its piping […]
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