Just a few years ago, a chorus of hee-haws would be expected to erupt whenever the topic turned to the hydrogen economy of the sparkling green future. Well, money talks. Continue Reading
In a speech last month to farmers in Texas, President Donald Trump won applause as he talked up recent U.S. trade agreements. When he tried to boast of his administration’s Continue Reading
US Treasury secretary Steven Mnuchin has often been seen as a moderating influence, even a voice of reason, inside Donald Trump’s administration. The American economy has generally performed well under Continue Reading
All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly . In addition, information from other EIA offices is provided to project future Continue Reading
Lawrence Livermore National Laboratory (LLNL) scientists have identified a suite of technologies to help California to become carbon-neutral—and ultimately carbon-negative —by 2045. To achieve the goal of carbon-neutrality, California will Continue Reading
“I’m done with fossil fuels. They’re done. They’re just done.” CNBC’s Jim Cramer didn’t even feel the need to address the disappointing earnings from the oil majors. Chevron and ExxonMobil Continue Reading
The U.S. economy just hit an air pocket. Blame Boeing Co. Every now and then a single company can have a measurable impact on growth. This time it’s Boeing, the Continue Reading
The battle to contain the Chinese coronavirus threatens to cut off U.S. companies from parts and materials they need to produce iPhones, automobiles and appliances and drugs to treat medical Continue Reading
Mike Pompeo said that the US was ready to provide all of Belarus’s oil needs, as he became the first American secretary of state to visit the former Soviet state Continue Reading
Russian oil and gas condensate output C-RU-OUT rose to 11.28 million barrels per day (bpd) in January, from 11.26 million bpd in December, Interfax news agency reported on Sunday, citing Continue Reading
Norwegian wholesaler Asko is among the first to operate a goods vehicle that runs on hydrogen, thanks to a collaborative effort by research scientists and industry. SINTEF, one of Europe’s Continue Reading
Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to Continue Reading
Crude oil futures rebounded in mid-morning trade in Asia Friday, after settling down 2.5% overnight due to a heavy selloff, with the near-term outlook appearing similarly volatile amid developments in Continue Reading
The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of commodities strategy at Saxo Bank A/S in Copenhagen. “It’s going Continue Reading
The Dow Jones Industrial Average ended Friday down more than 600 points as a spreading viral outbreak fanned fears about global economic growth, igniting volatility across markets. Investors have quickly Continue Reading
( The world’s largest oil companies invested billions of dollars to boost crude production and their success has turned around and bit them — and their shareholders. Oil majors Exxon Continue Reading
Not all members convinced earlier meeting needed Mar cargoes set, so any new cuts would impact Apr Production data lag may force Saudi Arabia to decide blindly A coronavirus-triggered 10% Continue Reading
The world’s largest oil exporter, Saudi Arabia, significantly raised its crude sales to the world’s largest oil importer, China, in 2019, boosting its exports to China by 47 percent and Continue Reading
Eni’s joint venture with the Libyan National Oil Corporation is losing 155,000 barrels of oil per day of production because of the continued blockade of oil export terminals and fields, Continue Reading
Exxon Mobil Corp ( XOM.N ) and Total ( TOTF.PA ) have asked Mozambique to send more troops to guard their operations in the far north after a surge of Continue Reading
India’s government announced a multi-billion dollar package of farm and infrastructure support in its budget for 2020/21 as it blew past its fiscal deficit target for the year, but the Continue Reading
Shell and Equinor said Friday they have agreed to buy Schlumberger’s 49% stake in Bandurria Sur for $355 million, adding that they plan to increase their ownership of the shale Continue Reading
Swaying to the D.J. and sipping cocktails on the open terrace of a mountain side bar, a party of private-school teenagers in Prada sneakers and Chanel bags looked down over Continue Reading
The latest US sanctions reversed the progress made by the Obama administration, and the brunt of their force is being felt by the very people the measures claim to support. Continue Reading
Although the populist economic policies of Mexican President Andres Manuel Lopez Obrador haven’t triggered a significant slowdown in the country’s economy, the reversal of his predecessor’s liberalizing energy reforms are Continue Reading
The world’s biggest tech companies are facing disruptions to their supply chains from prolonged factory closures and labor shortages in China, as the deadly coronavirus outbreak threatens the nation’s vast Continue Reading
Singapore — The Chinese government’s decision to offer force majeure certificates to domestic companies if they are unable to meet their international contractual obligations due to the coronavirus outbreak has Continue Reading
Chinese coal mines in Shanxi’s Linfen and Yulin cities have delayed restarting production after the Lunar New Year holidays because of the coronavirus outbreak, sources told S&P Global Platts Friday. Continue Reading
The number of deaths from a coronavirus epidemic in China has risen by 46 to 259, the country’s health authority said on Saturday, as the United States and other nations Continue Reading
Environmental groups said on Thursday they planned to sue the U.S. Environmental Protection Agency for failing to regulate aircraft emissions after a 2016 agency determination that those emissions pose a Continue Reading
The Trump administration on Friday declared a public health emergency over the coronavirus outbreak and said it would take the extraordinary step of barring entry to the United States of Continue Reading
ExxonMobil and Chevron reaffirmed multibillion-dollar capital spending plans for 2020 despite challenging oil and gas prices and a short-term surplus of capacity among refineries and liquefied natural gas plants. The two Continue Reading
ExxonMobil (NYSE: XOM) reported on Friday fourth-quarter earnings down from a year earlier, as lower natural gas prices and weak chemical and refining margins were not enough to offset cash Continue Reading
Chevron Corporation ( NYSE: CVX ) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs Continue Reading
Hydro-Québec and The University of Texas at Austin signed an agreement for the transfer to Hydro-Québec of patents co-invented by Dr. John B. Goodenough, a professor at The University of Continue Reading
Rystad Energy looks at the potential impact of a federal acreage fracking ban. If fracking activity was to be eliminated on federal acreage, the result would be a widespread shift Continue Reading
Enbridge, which wants to change the contract terms on the largest Canadian oil pipeline network, believes that Canadian producers who have opposed that change may want to stall a review Continue Reading
The US is likely to build 15.2 GW of wind generation in 2020, a Wood Mackenzie consultant maintains, led by growth in the Midwest, West and in Texas, which industry Continue Reading
US coal-fired generation continued to decline in January as natural gas pricing dropped and weather remained mild, an S&P Global Platts Analytics report said Friday. Receive daily email alerts, subscriber Continue Reading
It’s official: The economy last year grew at its slowest pace of President Trump’s term so far, expanding by 2.3 percent, well below the clip the president pledged to deliver. The report from Continue Reading
The U.K. is set to formally quit the European Union late Friday, closing the chapter on nearly half a century of integration with its European neighbors as it looks to Continue Reading
Energy and climate should be a top priority in the UK-EU future relationship, electricity industry association Eurelectric said in a position paper Friday. Receive daily email alerts, subscriber notes & Continue Reading
