China will modify the environmental supervision of companies to help the resumption of production disrupted by the coronavirus epidemic, giving firms more time to rectify environmental problems, but stressed it Continue Reading
Some key industries in Wuhan, the Chinese city at the epicenter of the coronavirus epidemic, were told they can resume work on Wednesday, a day after President Xi Jinping visited Continue Reading
From Indian tycoon Anil Agarwal’s metals and mining company to American shale explorers, the historic crash in oil prices has left energy companies that loaded up on debt vulnerable. With a global Continue Reading
© Greg Nash A mammoth energy policy bill hit a roadblock in the Senate on Monday night with a stalemate over amendments threatening to derail the legislation entirely. Lawmakers voted Continue Reading
Occidental Petroleum Corp ( OXY.N ) on Tuesday became the latest to join a growing list of hard-pressed North American oil producers slashing spending and drilling after crude prices slumped Continue Reading
Alaska, New Mexico and other states that benefited most from the nation’s energy boom may soon need to patch holes in their budgets due to a 45% dive in U.S. Continue Reading
Occidental Petroleum Corp. cut its dividend for the first time in 30 years as the oil producer opts to conserve cash to cover debt incurred in its $37 billion takeover of Continue Reading
Airlines detailed the growing impact of the coronavirus by cutting more flights in domestic and international markets, parking planes, freezing hiring and reducing executive pay. American Airlines Group Inc. and Continue Reading
Most shale oil wells drilled in the United States are unprofitable at current oil prices, Rystad Energy has warned. The Norwegian consultancy said, as quoted by Bloomberg, that drilling new Continue Reading
Mitsubishi Hitachi Power Systems said Tuesday it was awarded a contract for two natural-gas-fired turbines that by 2025 will run on a mixture of 30% hydrogen and 70% gas before Continue Reading
