Chevron’s unit in Australia has suspended production at its 8.9 mtpa Wheatstone LNG terminal near Onslow to complete a repair on the Wheatstone offshore platform. A Chevron Australia spokesperson told LNG Prime on Tuesday that […]
Illinois’s carbon dioxide pipeline and sequestration law passed May 26 is being described as among the nation’s strictest. It is only the second carbon dioxide pipeline moratorium in the U.S., after California, and it […]
The billionaire issued the warning after Apple announced a partnership with OpenAI Tech billionaire Elon Musk has threatened to ban staff at his companies from using Apple devices if the iPhone maker integrates OpenAI’s artificial […]
Compact trucks +70% since Jan 2020; full-size pickups +39%, SUVs +30%, compact cars +20%. Auto insurance +44% since Jan 2022. By Wolf Richter for WOLF STREET. Used vehicle prices are in a historic downward spiral, unwinding the hugest-ever […]
DENMARK, renowned for its progressive stance on renewable energy, faces scrutiny over its latest project: a DKK 27 billion gas-extraction project in the Danish North Sea, partly subsidised by the government. While the nation has […]
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 […]
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