The Pune-based company, which once struggled to pay its over Rs 6,500 crore debt, feels its order book, pipeline of potential business and government policies are other tailwinds that will offer support, a senior official […]
Disruptions to supplies of oil products and petrochemical feedstocks through the Rhine river are expected to worsen as water levels have fallen to extreme lows, traders told S&P Global Commodity Insights Aug. 15. Water levels […]
The price of retail gasoline just dipped below $4 per gallon, AAA data showed on Thursday, but prices could rise to $5 per gallon by the end of the year, Goldman Sach’s Head of Energy […]
A recent SEC filing has revealed that Warren Buffett’s Berkshire Hathaway acquired just under seven million more Occidental Petroleum shares for a price of over $390 million. According to the filing, on August 4, 2,231,566 […]
(Bloomberg) — Russia defied expectations of a collapse in oil production following its invasion of Ukraine. But Moscow will have to redouble its efforts to find new buyers if it’s to keep output from shrinking […]
President Joe Biden has declared he will “end fossil fuel.” Presidents have declared war on everything from poverty to drugs, but his declaration is much more sinister. His is really a civil war. The combatants are heavy-handed […]
August 15, 2022 Data source: U.S. Energy Information Administration, Residential Energy Consumption Survey In 2020, 79% of U.S. households prepared at least one hot meal at home each day, according to our 2020 Residential Energy […]
Rocketing prices for natural gas in Europe are prompting companies to switch from gas to oil for power generation, spurring demand for crude this year and into the next, the International Energy Agency said. In […]
(CNN)Ford on Thursday will once again begin taking orders for its popular F-150 Lightning electric pickup truck. But this time the base model of the pickup will cost about $7,000 more than before. When the Lightning […]
Aug 15 (Reuters) – Kimmeridge Energy Management Co LLC on Monday confirmed it has amassed a stake in California Resources Corp (CRC.N) and is engaging with the oil and gas producer to make changes that include selling […]
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