Fresh from closing a major corporate acquisition, ConocoPhillips has set a 2021 capital budget of $5.5 billion, 17% higher than last year, that will maintain its production flat at 1.5 Continue Reading
About three-quarters of fossil-fuel CO₂ pollution comes from cities. At least 48 U.S. cities are under-counting their carbon dioxide pollution by nearly 20%, according to a new study that compares Continue Reading
When U.S. President Joe Biden killed a high-profile, controversial oil pipeline project on his first day in office, he set the stage for more complicated and lengthy environmental reviews for Continue Reading
For years, environmental advocates have argued petroleum producers pay too little for the privilege of drilling on federally controlled lands — under rates originally set in the 1920s. Now President Continue Reading
Dutch Prime Minister Mark Rutte extended almost all of his country’s tough lockdown measures on Tuesday for at least a month, saying that the rapid spread of the new more Continue Reading
BP sees continued headwinds from COVID-19 related oil demand impacts in early 2021 but said it is making progress in cutting costs and debt as it pivots to becoming an Continue Reading
The University of Oxford research is the first to document a vaccine substantially reducing the virus’s spread. British officials said the results underscored how mass inoculations were key to ending Continue Reading
The new year was supposed to bring improved economic fortunes across Europe, as coronavirus vaccines made their way into the bloodstream. Instead, the eurozone economy shrank at the end of 2020, according Continue Reading
The new U.S. Administration has signaled for the first time that it could be willing to discuss with Germany the lifting of the American sanctions on the Nord Stream 2 Continue Reading
Crude oil futures rose mid-morning in Asia Feb. 2 on the back of an improvement in the crude oil demand outlook and managed supply levels after it was revealed that Continue Reading
