At a Washington Post Live virtual conference, General Motors President Mark Reuss provided more details about GM’s next-generation Ultium lithium metal battery and announced a joint development agreement with lithium Continue Reading
Russian oil producer Lukoil has warned of impending oil and gas supply shortages due to chronic underinvestment as governments and industries around the globe chase ambitious emissions-reduction targets. Fossil fuel Continue Reading
Royal Dutch Shell RDS.A -1.01% PLC has appointed Andrew Mackenzie as its new chairman, tapping a mining veteran to oversee the oil and gas giant as it navigates the transition to low-carbon energy. The Continue Reading
Crude oil futures rose during mid-morning trade in Asia March 11 as bullish US products data from the Energy Information Administration negated a large build in US crude inventories, with Continue Reading
Oil rose as the dollar declined and a fall in U.S. gasoline inventories offered a signal of recovering consumption. Futures in New York climbed above $65 a barrel, while the Continue Reading
Oil closed higher after traders assessed a U.S. government report showing the largest two-week decline in gasoline supplies on record. (Bloomberg) — Oil closed higher after traders assessed a U.S. Continue Reading
This past week the national average price for regular gasoline rose to $2.71 per gallon. That marks an increase of $0.46/gallon since the beginning of the year. On a daily Continue Reading
Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned Indian Railways has moved empty boxes to inland depots Continue Reading
More than 10 million people die each year from air pollution, according to a new study — far more than the estimated 2.6 million people who have died from Covid-19 since it was Continue Reading
Libya’s Parliament approved on Wednesday the first unity government of the war-torn country since 2014, potentially paving the way to more stability in oil production in the African OPEC member, Continue Reading
