Oil rallied as Saudi Arabia signaled confidence in the demand outlook with a surprise boost in crude prices, while investors awaited comments on monetary policy from Federal Reserve Chair Jerome Powell. West Texas Intermediate futures […]
Oil and gas will have a key role to play even as the world shifts to cleaner energy and climate talks should reflect the challenges of energy poverty, according to the president of this year’s […]
California Governor Gavin Newsom called for federal energy regulators to investigate a recent hike in natural gas prices that has resulted in sky-high utility bills. Newsom, a Democrat, asked the Federal Energy Regulatory Commission in […]
Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. and several other financial firms to comply with a state law prohibiting investing in companies deemed to be discriminatory against the oil […]
Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive Officer Vicki Hollub.“There won’t be significant growth from us because […]
PG&E Corp. and Sunrun Inc. have formed a partnership to pay homeowners with solar and battery systems to provide power to the California grid and help prevent blackouts when demand spikes in hot weather. Under […]
Oil rose as a major oil pipeline was temporarily halted, while key producers flagged stronger Chinese demand just as more sanctions on Russian flows take effect. West Texas Intermediate climbed toward $74 a barrel after […]
Solar panels are seen in Genk, Belgium, September 22, 2022. REUTERS/Yves Herman MILAN, Feb 3 (Reuters Breakingviews) – The global trade war is taking an unexpected turn. Beijing may ban the export of technology used […]
Iraq’s Foreign Minister Fuad Hussein speaks during a joint statement with Russia’s Foreign Minister Sergei Lavrov, in Baghdad, Iraq February 6, 2023. REUTERS/Ahmed Saad BAGHDAD, Feb 6 (Reuters) – Iraq will discuss with Washington this […]
Feb 6 (Reuters) – Linde (LIN.N), , the world’s largest industrial gases company, said on Monday it will invest $1.8 billion to supply clean hydrogen to OCI’s (OCI.AS) blue ammonia plant in the U.S. state […]
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