It is hard to identify any aspect of the Biden-Harris suite of EV-related policies that can honestly be called a success. Once the ongoing effort by the legacy media to reinvent presumptive Democratic nominee Kamala […]
Climate litigation activists are getting their hopes up that Harris will take a more antagonistic and aggressive stance toward energy producers. As the now-presumptive Democratic nominee for president, Vice President Kamala Harris is already attempting […]
Globally, decarbonization data from 2006 to 2023 shows no worldwide effect on CO2 emissions after the Paris Agreement went into effect. In 2015, countries around the world met in Paris at the 21st Conference of […]
Last week, Pacific rates experienced a $5,500 increase and Atlantic rates decreased. “Spark30s Atlantic rates continued to decrease for the fourth consecutive week, falling by $1,250 to $73,750 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime […]
A tense showdown risks spiraling out of control. A pair of high-profile assassinations has pushed the Middle East closer to the brink of a wider regional war and upended high-stakes cease-fire and hostage negotiations over […]
Crude oil imports from Canada have become increasingly important to U.S. oil refineries, now making up most U.S. imports. U.S. oil refining capacity stood at 18.4 million barrels per day (b/d) as of January 1, 2024. In […]
One of the big changes that came out of the chaos of the pandemic. And robots cost nearly the same anywhere. By Wolf Richter for WOLF STREET. Companies invested a record $19.7 billion in June in the construction […]
Shell reported adjusted earnings of $6.3bn for the second quarter, beating analyst consensus. The company initiated a $3.5bn share buyback program, to be completed by the third quarter results. Shell’s focus on value under CEO […]
Occidental Petroleum (NYSE:OXY) has disclosed that Colombia’s Ecopetrol S.A. (NYSE:EC) has pulled out of a deal to buy a 30% stake in Occidental’s CrownRock assets. Last year, Occidental announced a deal to acquire CrownRock and its significant Permian Basin assets in a […]
Turkey’s state energy company BOTA? has raised natural gas prices by 38% for households and 33.1% for small industrial customers, effective August 1st. The price hike comes just over a year after President Erdogan promised […]
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