Pope Francis urged world leaders preparing to meet at a United Nations conference on climate change to agree an accord that transforms current development models and focuses on the need Continue Reading
Pope Francis warned Thursday that it would be “catastrophic” for world leaders to let special interest groups get in the way of a global agreement to curb fossil fuel emissions Continue Reading
The goal for next week’s Paris summit was lofty all along: to hatch a climate accord strong enough to keep global warming at bay, built on promises from nearly 200 Continue Reading
Oil prices made meager gains in early Asian trade on Thursday on expectation that U.S. crude production would be trimmed and pre-Thanksgiving settlements. On the New York Mercantile Exchange, light, Continue Reading
Crude oil futures eased on Thursday pressured by firmer U.S. dollar and supply surplus concerns on thin Thanksgiving trading, reversing from rises in the wake of a smaller-than-expected U.S. inventory Continue Reading
Macroeconomic concerns emerged as factors weighing on crude oil prices after tensions surrounding Middle East violence eased in Wednesday trading. Belgian security concerns following terror attacks in Lebanon, France, Mali Continue Reading
There was modest growth in oil and gas reserves globally, though the majority came from the United States in 2014, a global oil and gas review found. Italian energy company Continue Reading
North American upstream companies continue to slash spending but demand growth could turn that around within the next 18 to 20 months. Cuts to capital spending in the North American Continue Reading
Saudi Crown Prince Mohammed bin Salman said in a Nov. 25 interview that the government may lower energy and water subsidies while adding a value added tax on cigarettes and Continue Reading
China is opening up its crude-import market to private companies quicker than expected as the government looks to ease an economic slowdown, according to the general manager of oil trader Continue Reading
