Norwegian oil and gas player Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the Norwegian Sea. The drilling work is expected to be carried out using one […]
HOUSTON, April 4 (Reuters) – Exxon Mobil Corp’s (XOM.N) Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company’s traditional oil and gas as soon as a decade […]
Image: REUTERS/Dane Rhys Summary Texas solar developers are adding storage as federal tax benefits increase profit margins but a lack of transmission could delay projects and keep huge solar resources in the west beyond […]
LONDON, April 3 (Reuters) – OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand. The surprise announcement helped […]
(Reuters) – Oil prices were stable on Wednesday, as the market weighed gloomy economic prospects against expectations of U.S. crude inventory declines and OPEC’s voluntary output cuts announcement. Brent crude futures gained 22 cents, or […]
OPEC’s surprise decision to slash oil production stands to enrich an unexpected cohort: US shale drillers. The shock announcement sent US oil prices up by as much as $6 a barrel, signaling a new round […]
At a Louisiana shipyard Tuesday, construction slowed so executives, politicians and reporters could tour a boat that’s almost as long as a football field. Some workers welded steel bulkheads, while others used an industrial press […]
Australia is committed to remaining a major natural gas supplier for Asia’s largest economies, Resources Minister Madeleine King said, less than a week after the nation passed targets to drastically cut emissions from its export […]
In the months before the signing of the Paris Agreement, the then-crown prince of oil-rich Abu Dhabi wondered aloud about the fate of his sheikhdom at the end of the fossil fuel era. “After we […]
Courtesy of New York Magazine Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE If the Biden administration was a 90s rock band, they’d be Oasis: a promising start with great potential, partially deliver […]
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