Shell revealed this in its third-quarter update note on Monday. The company’s adjusted earnings reached $6.29 billion in the second quarter, a rise of 24 percent compared to the second quarter in 2023, while Shell’s […]
Europe’s energy watchdog has criticised the continent’s grid operators for being unprepared for the expected increase in renewable energy. The Agency for the Cooperation of Energy Regulators (ACER) warns that without changes to their plans, […]
bp has decided to drop its goal of reducing oil and gas production by 2030 as part of a new strategy under Chief Executive Officer Murray Auchincloss. This change marks a significant shift from the […]
China is investing heavily in electric vehicle assembly plants, battery plants, and transition technologies abroad to counteract Western tariffs. Chinese companies are not only expanding manufacturing capacity but also exporting technology, engineering, supply chain, and […]
If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would likely be a significant increase, driven by concerns over supply disruptions in a region crucial for global oil production. Here’s […]
Whereas the latest oil price rally comes as a boon for long-suffering oil bulls, countries that rely heavily on Middle Eastern energy imports are by no means celebrating. In August, the Middle East accounted for […]
The peer-reviewed study contradicts a wide body of scientific literature showing that liquefied natural gas is lower in emissions than coal. A study cited by supporters of the Biden-Harris administration’s pause on liquified natural gas […]
The UK government has cut winter fuel payments to pensioners while committing £22bn for carbon capture, raising concerns over fiscal priorities. The government has pledged nearly £22bn to fund projects that capture greenhouse gases from […]
The South Asian country is looking for long-term energy supply deals with Moscow to support its rapid economic growth India’s oil imports from Russia rose in September as overall demand for hydrocarbons increased ahead […]
Alarmist officials endanger democracy by promoting energy transitions that may trigger a public uprising against authoritarian practices. I have frequently written over the last several years that the agenda of the climate-alarm lobby in the […]
Copyright © 2025 | Sandstone Group