Saudi Arabia just made a high-stakes wager that the glory days of U.S. shale, which transformed the global energy map in the last decade, are never coming back. By keeping a tight grip on supply […]
Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while also offering them […]
BP plc’s ambitious reinvention, to move from fossil fuels toward carbon-free resources, was launched only days before the world began to shut down last year, but instead of shelving the plans, the company doubled down […]
Jet fuel imports to the US west coast accounted for 27.4pc of the region’s consumption in 2020, at 95,250 b/d, according to data from the US Energy Information Administration (EIA). The share of imports grew […]
Oil company executives at CERAWeek by IHS Markit were adamant on Monday that crude demand will rise over the coming decade and that the fossil fuel will remain a crucial part of the energy mix […]
Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs. U.S. Sens. Joe Manchin of West Virginia and Debbie Stabenow of Michigan unveiled legislation Monday that aims to help rural communities that […]
Chevron Corp. announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. According to a separate release by Baseload on March […]
Energy News Beat Publishers Note: We are seeing a trend of state legislative energy regulations being used as templates for U.S. regulations and laws. This Indiana HB looks like it is taking the decisions away […]
Given data lags and uncertainty, it is often said that the Fed guidance of the economy is like someone driving through a tunnel with the windshield painted black, relying on the rearview mirrors and bouncing […]
Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are […]
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