NEW YORK, March 13 (Reuters) – Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. gasoline stocks and potential supply […]
EuropeOffshore Equinor Norwegian energy giant Equinor has extended contracts for drilling services on the Norwegian Continental Shelf with KCA Deutag, Odfjell Technology, and Archer. The initial contracts with the trio were signed in 2018 with […]
The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said The BRICS economic group will keep its current name despite the bloc’s expansion, […]
14 Mar, 2024 10:17 HomeRussia & FSU Ukrainian forces dropped a bomb near diesel tanks located at Russia’s Zaporozhye nuclear power plant, management at the facility reported on Thursday. In a video published on social […]
Libra Group Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s leasing portfolio includes an order of six Jones Act-compliant barges, which are currently […]
March 13 (Reuters) – Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources (SBOW.N), opens new tab that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment […]
Ahmed Adel, Cairo-based geopolitics and political economy researcher On Monday, Union Commerce and Industry Minister Piyush Goyal said that many large and small economies around the world have expressed willingness to start trading in rupee […]
(WO) – The Independent Petroleum Association of America (IPAA) issued the following statement in response to President Biden’s FY 2025 Budget that would repeal many long-standing oil and natural gas tax provisions. IPAA President & […]
Burning woody biomass to generate renewable energy is controversial. Wood pellets are supposed to be CO2-neutral fuel because growing trees absorb the greenhouse gas that was released in the burning. But the Clean Air Committee […]
KEY POINTS Automakers from Ford Motor and General Motors to Mercedes-Benz, Volkswagen, Jaguar Land Rover and Aston Martin are scaling back or delaying their electric vehicle plans. Though consumer demand for EVs hasn’t shown up […]
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