The bloc has so far imposed 11 packages of restrictions against Moscow over the Ukraine conflict The European Union is in talks on a new round of sanctions that would impact some €5 billion ($5.3 […]
Starting last month, top Ukrainian officials began pushing an alarmist narrative that “world war 3 has already begun” – as the head Ukraine’s National Security and Defense Council Aleksey Danilov had claimed in early September. The words […]
A powerful consortium of pulp mills, pipe foundries and other manufacturers has moved to block an aid program for Duke Energy’s poorest residential customers — provoking dismay among the clean energy advocates who had […]
World Oil (Bloomberg) – bp Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by U.S. competitors Exxon Mobil Corp. and Chevron […]
Nasdaq LONDON – OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite ongoing cuts by Saudi Arabia […]
The following commentary was written by Larry Glover, a Maryland-based energy marketing & communications subject matter expert and community engagement specialist. See our commentary guidelines for more information. We just lived through the hottest summer […]
Oil Price U.S. crude oil production hit an all-time high in August, according to new data published by the Energy Information Administration on Tuesday, with production surpassing pre-covid levels. U.S. field production of crude oil reached […]
Oil Price Strong U.S. fuel demand helped Marathon Petroleum (NYSE: MPC) easily beat analyst estimates after reporting on Tuesday an adjusted net income of $3.2 billion for the third quarter of 2023. Adjusted earnings per share […]
World Oil (Bloomberg) – A century after the U.S. set aside a broad swath of northwest Alaska to be used as an emergency oil supply, the Biden administration is pursuing changes that could make it […]
Oil Price Oil production in the Bakken shale play is set to increase after Chevron’s acquisition of Hess, although volumes are unlikely to hit the records seen before 2020, analysts have told Reuters. Last week, Chevron […]
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