Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash to plug its budget deficit, after a political dispute over borrowing left one of the […]
Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]
Three million miles of natural gas pipelines criss-cross the U.S., and the fight against climate change could render them all obsolete. The last two weeks alone illustrate the stakes. President Joe Biden canceled the permit for the […]
All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the […]
Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]
As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]
Turkish and Greek officials met to see if they could find any common ground to try to resolve a festering dispute over maritime boundaries that brought their navies to the brink of confrontation. In the […]
Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state. The billionaire’s SpaceX […]
Kinder Morgan Inc. (KMI) continued to improve its balance sheet in the final three months of 2020, but the company is toeing the line when it comes to spending this year, focusing on projects supporting […]
Angela Merkel said she’s willing to discuss energy ties with Moscow with the incoming U.S. administration, but the German chancellor reiterated her support for a controversial gas pipeline to Russia. “We need to also discuss […]
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