Democratic U.S. congressional members sent a letter on Wednesday to the Environmental Protection Agency, urging it to reject any action that would exempt oil refiners from obligations to blend biofuels Continue Reading
U.S. crude oil stockpiles dropped sharply last week as refineries boosted operations to their highest since January 2020, signalling continued improvement in demand, the Energy Information Administration said on Wednesday. Continue Reading
U.S. Interior Secretary Deb Haaland said on Wednesday her department was reviewing a federal court’s decision that it must resume auctioning oil and gas leases on federal acreage but did Continue Reading
Back in 2013, the world’s largest private-sector coal company, Peabody Energy (NYSE:BTU), pulled off a new trick from the ever-growing trove of corporate subterfuge. Peabody created a new entity that Continue Reading
President Joe Biden’s plans to curtail fossil fuels hit an early roadblock Tuesday, when a federal judge ruled against the administration’s temporary ban on selling new drilling rights on federal Continue Reading
Royal Dutch Shell Plc hired a team of pricey lawyers for its defense against environmental activists in a Dutch court, and lost. A decade-old, $22 book might have upped their Continue Reading
The European Union agreed to open the door to American tourists for the first time since the coronavirus pandemic began, giving a boost to the continent’s crucial tourism industry and Continue Reading
PI3 Plasma Injector at General Fusion. A nuclear fusion startup backed by billionaire Jeff Bezos will build its first pilot power plant outside of London, potentially accelerating a new way Continue Reading
Crude oil futures jumped during morning trade in Asia June 16, as data from the American Petroleum Institute showed a large draw in US crude inventories, and as the market Continue Reading
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 8.537-million barrels for the week ending June 11. Analysts had predicted a much smaller draw Continue Reading
