Shale’s newfound prudence after last year’s crash is putting producers in the unusual situation of reducing oil output just as prices surge. More focused than ever on keeping spending in Continue Reading
Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He started putting this plan into action on his first day in the White House with Continue Reading
President’s Biden’s administration is reportedly planning the first major tax increase in nearly three decades in the next economic stimulus package. The president is reportedly planning to include the first Continue Reading
The pandemic didn’t deter booming wind power capacity additions last year when global installations surged to record levels, driven by China and the United States. The phase-out of China’s onshore Continue Reading
Refineries will have to find a way to navigate both the move to decarbonization and the demand uncertainties brought on by the pandemic, the International Energy Agency said March 17. Continue Reading
Analysts call for another below-average storage withdrawal to US gas stocks, and a rare seasonal net injection is possible in the weeks ahead as the February deep freeze fades into Continue Reading
Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion Continue Reading
The European Commission expects to receive about 200 million doses of the Pfizer/BioNTech (PFE.N), COVID-19 vaccine in the second quarter, it said for the first time on Tuesday. The EU is Continue Reading
Vitol Group reaped record profits of around $3 billion last year as the world’s largest independent oil trader surfed the dramatic moves in energy markets, according to people familiar with Continue Reading
Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric Continue Reading
