A decline in gasoline demand during the winter months means U.S. motorists should see gas prices inch lower, but only relatively speaking, market reports find. Motor club AAA lists a Continue Reading
Nearly a decade has passed since TransCanada first proposed in 2008 to build the Keystone XL pipeline that would run from Alberta in Canada to Nebraska and the U.S. Gulf Continue Reading
ExxonMobil, the world’s largest listed oil group, will allow shareholders to meet members of its board, as new chief executive Darren Woods moves to end restrictions that had vexed some Continue Reading
Investors have grown wary of U.S. shale after years of disappointing returns, and they have pressed shale companies to rein in reckless drilling practices . But with money still pouring Continue Reading
Custom parts needed to fix the Forties pipeline system are being made, though it may be the second week in January before work is finished, the operator said. Ineos, which Continue Reading
The French legislature passed a law prohibiting all oil and gas exploration and production within its borders and territories by the year 2040—right around when oil is expected to reach Continue Reading
One of Russia’s biggest oil companies, Tatneft, has been doing business in Crimea despite the risk of being placed on a U.S. sanctions blacklist, according to company documents and a Continue Reading
EU coal-fired power plants could benefit from capacity payments through 2030 if a negotiating position agreed by EU energy ministers on a draft EU electricity market design regulation makes it Continue Reading
Lloyd’s Register and University Maritime Advisory Services (UMAS) released a new study— Zero Emission Vessels 2030 —that aims to demonstrate the viability of zero-emission vessels (ZEVs) by identifying what needs Continue Reading
The technology group Wärtsilä will supply two Wärtsilä HY 2 hybrid power modules for a new escort tug being built for the Swedish port of Luleå located on the Gulf Continue Reading
