U.S. Gulf of Mexico crude oil output remained down 70%, or 1.29 million barrels per day, according to data released on Sunday by the Department of Interior, as companies continued Continue Reading
Airlines are struggling through their worst crisis since the first commercial service began flying passengers just over 100 years ago. In the past week alone, US carrier American Airlines said it Continue Reading
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working, The Times reported on Sunday. The oil major, which employs 6,500 office Continue Reading
As wind, solar and biomass plants produced more power than ever in the second quarter, carbon emissions fell by a third from a year earlier, according to Drax Electric Insight’s Continue Reading
Electric cars will remain significantly more expensive for European carmakers to produce than combustion engine models for at least a decade, according to new research. Data compiled by consultancy Oliver Wyman Continue Reading
MAN handed over the world’s first electrically powered armored money transporter to the international security service provider Prosegur at the beginning of August. The MAN eTGE electric van ( earlier Continue Reading
Oil rose for a fourth week in a row as U.S. Gulf Coast refineries began restarting though gains were capped as investors shifted their focus from the storm toward the Continue Reading
Oil flipped between gains and losses on Friday with the market weighing renewed appetite from U.S. Gulf Coast plants restarting after Hurricane Laura against a pandemic dimming the prospects for Continue Reading
Oil prices retreated on Friday morning as it became clear that the damage caused by hurricane Laura was not as bad as markets had expected For Global Energy Alert members Continue Reading
The Henry Hub 12-month forward curve has increased by more than 40 cents over the last month to $2.88/MMBtu, propelling multiple gas plays to boast internal rates of return per Continue Reading
