The recent damage to the Nord Stream pipelines is yet another twist in the saga of Europe’s energy crisis. Accusations of sabotage flowing freely between Russia and the West stand in stark contrast to the […]
Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price regime is implemented next month, though logistical challenges will have to be tackled, several maritime […]
China has tightened emissions benchmarks for coal-fired power plants under its national compliance carbon market on the back of wider adoption of carbon accounting systems and introduced an overall baseline measurement for annual carbon emission […]
Russian seaborne exports of crude and oil products were little changed on the month in October after an increase in crude flows despite incoming EU sanctions were offset by a fall in product exports from […]
(Reuters) California energy company Sempra Energy said that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur liquefied natural gas (LNG) export plant in Texas during the first quarter […]
U.S. supermajor ExxonMobil is expected to lose about $2 billion when it sells an oil field off the coast of California. Operations at the field were halted following an oil spill in 2015 that leaked […]
Elevated fuel prices and shortages remain a concern for U.S. consumers ahead of Tuesday’s midterm elections, in which energy costs have become a crucial campaign issue. After a steady decline this fall, the average price of […]
Oil markets can’t seem to choose which direction to head. Fears of demand destruction sparked by a global economic slowdown are at odds with the very real threat of a supply shortage. The oil market […]
Doing a 180-degree turn and redirecting more money to oil and gas exploration would definitely make some investors unhappy. FT: Banks want oil companies to keep returning cash to shareholders instead of investing it in […]
President Biden wants to bring gas oil prices down by threatening to tax oil companies, which have been benefiting from the spike in oil and gas prices in the first place. And he isn’t alone in […]
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