ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait, according to the Australian Financial Review. The decision by the U.S. oil Continue Reading
Flooding after Hurricane Delta hit Delcambre, La., on Oct. 10. The 2020 hurricane season is set to officially close Monday, and this year surpassed 2005 as the busiest ever on Continue Reading
Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production. Shale producers are increasing spending Continue Reading
There has been a lot of hand-wringing in the oil industry about the consequences of a Joe Biden win, so let’s discuss those today. Here is some context I like Continue Reading
Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions . The report estimates that 2020 emissions will be Continue Reading
Britain and the European Union are heading into a “very significant” week, British foreign minister Dominic Raab said on Sunday, as talks over a trade deal enter their final days Continue Reading
For the past year, U.S. officials and Russia hawks on Capitol Hill have closely watched the peregrinations of a Russian ship, as it sailed from Russia’s Far East around Africa Continue Reading
The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, in a detailed pitch to bury the tensions of the Trump era Continue Reading
Volkswagen will look to reduce its portfolio of internal combustion engine vehicles, while speeding up the development of a compact electric vehicle that could cost less than $36,000 and could Continue Reading
The developer of the almost-complete Nord Stream 2 gas pipeline from Russia to Germany is set to resume pipe-laying work in German waters next month, according to a notice to Continue Reading
