The Trump administration has had to rein in expectations for offshore oil drilling, with an aggressive sales pitch and boastful rhetoric mostly being met with tepid interest from the oil Continue Reading
Royal Dutch Shell defended its ambition to cut carbon emissions on Monday, urging investors to oppose a shareholder resolution arguing that the oil and gas giant is not doing enough Continue Reading
Crude oil prices started the week with a drop of about one percent as traders were still watching what happens in Syria next and despite the announcement that Washington will Continue Reading
Germany’s government is increasing pressure on its car makers to invest heavily in electric cars as well as battery production in Europe to safeguard jobs in Germany during a rapid Continue Reading
According to Finanz, with reference to the International Energy Agency, Russia has been benefitting from its oil production and export for decades. However, this is about to change in the Continue Reading
When Statoil struck oil in what is now the Johan Castberg field back in 2011, nobody expected that just three years later, oil prices would plummet and the Norwegian energy Continue Reading
BP is making preparations for a lower carbon future, and is keeping its greenhouse gas emissions either at or below the levels it saw in 2015, according to a new Continue Reading
Crude oil futures were lower in mid-afternoon trade Asia Monday as investors booked profits after the air strikes on Syria led by the US, UK, and France. Market participants were Continue Reading
Oil fell more than 1 percent on Monday as markets opened following western air strikes in Syria over the weekend, while a rise in U.S. drilling for new production also Continue Reading
Early morning trade in Asia saw crude oil futures slipping from last week’s 3.5-year high, after the US said that the missile strikes against Syria were a ‘one-time shot.’With Syria Continue Reading
