Energy Secretary Chris Wright called the pledge to achieve net zero carbon emissions by 2050 ‘lunacy,’ specifically criticizing the UK. U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon […]
The Consensual Hallucination that drove the EV SPAC mania didn’t die with the EV SPACs; it moved on to other stocks. By Wolf Richter for WOLF STREET. Nikola, the “legendary” maker of fuel-cell electric and battery-electric class-8 trucks […]
The oil market is becoming increasingly numb to the array of changes that Donald Trump is trying to make now that he’s US President again. Trump spent his first weeks in office railing against OPEC, […]
Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 decimated them in January. In a last-minute push to sanction Iran, the Biden admin blacklisted […]
Feb 18 (Reuters) – Diamondback Energy (FANG.O) said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich […]
Diamondback Energy, Inc. (NASDAQ: FANG) on Tuesday announced a deal to buy Double Eagle IV Midco in an acquisition valued at about $4 billion, which gives the buyer increased presence in the Midland Basin in the top-oil […]
Ending the conflict could open up “historic” opportunities for US-Russian relations, the US secretary of state has said The United States and its allies would have to address the sanctions imposed on Russia in order […]
Russian Foreign Minister Sergey Lavrov has described the meeting with the US delegation as “useful” as both sides look to re-establish contacts Russia and the US have taken the first steps towards normalizing relations after […]
The UK Government has relaunched the Net Zero Council with a plan to help various sectors accelerate towards net zero targets and support thousands of jobs. The relaunch reflects a new “mission-led approach”, ensuring government […]
EU envoys agreed on a further round of sanctions on Russia on Wednesday amid conflicting signals from the United States about the future of Washington’s own regime of restrictive measures aimed at Moscow. The […]
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