Giants CNPC, Sinopec, and seven other state-owned Chinese oil companies are set to collaborate under a new state body tasked with increasing oil and gas production in China. This move follows a directive from the […]
Wolf Richter on “This Week in Money,” produced by HoweStreet.com, recorded on June 27: Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug […]
July 1 (Reuters) – Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts could result in supply deficits […]
The court officer who oversees the auction of Venezuela’s PDV Holding, the parent company of refiner Citgo Petroleum, has asked a Delaware court to postpone the hearing on the winning bids by two months until […]
June 27 (Reuters) – SM Energy (SM.N), opens new tab said on Thursday it had agreed to buy some shale assets of oil and gas producer XCL Resources for about $2 billion, extending its footprint in the […]
The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in the first full month of operations of the expanded link, just below the company’s expectations, Reuters reported on Monday, citing […]
The Global Political Season and It’s Impact On Energy A global geopolitical election season is happening, and energy policies will change. David Blackmon, Irina Slav, Tammy Nemeth, and Stu Turley cover the change in the […]
Largest tech companies are looking to buy nuclear power directly from plants, which could sap the grid of critical resources Tech companies scouring the country for electricity supplies have zeroed in on a key target: […]
High rainfall, increased hydropower, and preparation for the hot summer months are all contributing to very full coal terminals up and down the Chinese coastline. “Port storage is bursting at the seams, and it appears […]
I received a very interesting email yesterday from a reader. It suggested Google, which already has roughly 40 data centers around the world, may be planning another in the vicinity of Spring City, Chester County, Pennsylvania […]
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