Determined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […]
Parts of the United States could be at risk for electricity supply shortages if electricity demand peaks are higher than anticipated or if less electricity is generated than expected, according to the North American Electric […]
North America added nine rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on June 7. Although the U.S. dropped six rigs week on week, Canada added 15 during […]
(Bloomberg) – Noble Corp., the world’s biggest offshore oil-rig contractor by market value, agreed to buy its smaller competitor Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Diamond stockholders will receive 0.2316 […]
BRUSSELS — Europe’s conservatives are ecstatic. The European People’s Party (EPP) scored a clear victory in Sunday’s European Parliament election, tightening its grip on the chamber even as far-right groups made major gains across the […]
Europe’s switch from Russian pipeline gas to LNG has increased energy costs, despite claims of overcoming dependence without adverse effects. Upcoming winters could see higher gas prices due to increased demand and the end of […]
Russia’s budget revenues from oil and gas soared by 73.5% in January-May of 2024 compared to the first five months of 2023, according to data from Russia’s finance ministry released on Monday. Between January and […]
The Energy Secretary has expressed concerns over Labour‘s proposal to achieve net zero emissions by 2030, suggesting it may jeopardise the nation’s energy security. In an interview with The Telegraph, Claire Coutinho criticised Labour’s target, […]
Angus Flett, the Chief Executive Officer of the Data Communications Company (DCC), will step down at the end of August after 7.5 years in the role. Under his leadership, the DCC connected nearly 31 million […]
The Chief Executive of ScottishPower has called for urgent reforms to address the practical and bureaucratic issues hindering the UK’s transition to green energy. Keith Anderson, also a Prime Minister’s Business Council member, highlighted problems […]
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