STOCKHOLM, Feb 27 (Reuters) – European Union energy ministers meet on Monday to debate upcoming power market reforms. Brussels is set to propose the revamp next month, but already countries are split over how to […]
Construction on the White Rose offshore oil production platform at the Argentia Port Authority, the site of a proposed hydrogen production facility, in Placentia Bay, Newfoundland. GREG LOCKE/GREG LOCKE Wind howls across the Port of […]
Pioneer Natural Resources Co. CEO Scott Sheffield expressed a bullish oil price outlook on Thursday (Feb. 23) during the company’s fourth quarter earnings call. Irving, TX-based Pioneer is the largest producer in the Permian Basin, […]
February 27, 2023 Data source: Federal Energy Regulatory Commission (FERC) Financial Report Form No. 1, as accessed by Ventyx Velocity Suite After adjusting for inflation, costs for major U.S. utilities to produce electricity rose 6% […]
Last summer, in August, gas prices on the European market topped 340 euros per megawatt-hour. China’s demand for LNG is expected to rebound this year, intensifying competition for limited supply. Despite relatively high storage levels, […]
Australia’s Jindalee Resources (ASX: JRL) says it has the largest lithium deposit in the United States after updating the resource for its McDermitt project to 21.5 million tonnes of lithium carbonate equivalent (LCE), up 65% […]
Berkshire Hathaway (BRKB) reported operating earnings fell 8% in the fourth quarter while Warren Buffett’s conglomerate continued to add to its cash holdings. Along with its earnings release Saturday, the conglomerate shared its 2022 annual […]
NewsArmed Groups Multiple short explosions at a running race in Cameroon’s English-speaking region left 19 athletes wounded, a local doctor told the Reuters news agency. The blasts took place on Saturday in Buea, the regional […]
Russia has halted oil supplies to Poland via the Druzhba pipeline, the chief executive of Polish refiner PKN Orlen says, adding that the company would tap alternative sources to plug the gap. The supply halt […]
Nigeria’s elections for the presidency and both houses of the federal parliament were under way on Saturday across the country’s 36 states. This vote is the sixth successive civilian-to-civilian transition of power since a return […]
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