China’s runaway economic recovery has been so successful that it has caused power shortages across dozens of its manufacturing and industrial hubs in the south of the country. Factories across cities Continue Reading
China’s independent refineries — actively looking for fuel oil to feed their distillation units — are struggling to secure adequate feedstock barrels for the coming months due to tight regional Continue Reading
Small U.S. oilfield service companies are selling equipment and shutting their doors as business activity shrank last year and contract prices have remained below profitable levels despite oil-price gains. The Continue Reading
Tiny Activist Investor Wins Two Exxon Board Seats The tiny activist fund that recently won at least two seats on Exxon Mobil Corp .’s board is setting its sights on Continue Reading
An Exxon Mobil refinery in Baton Rouge, Louisiana Last week’s shakeup of Exxon Mobil Corp.’s board of directors is by most accounts a clear signal to corporate America that ambivalence Continue Reading
The Biden administration on Tuesday suspended oil leases in the Arctic National Wildlife Refuge in Alaska, blocking plans for the first-ever drilling program in the pristine 19-million-acre wilderness. The Interior Continue Reading
Through the marshlands along the Oregon-California border, the federal government a century ago carved a whole new landscape, draining lakes and channeling rivers to build a farming economy that now Continue Reading
Meteorological summer (June through August) began at 12 a.m. Tuesday, and already heat and wildfire concerns in the Golden State are ramping upward. Much of California’s Central Valley from Bakersfield Continue Reading
As divestment from emissions-heavy fossil fuels and boycotting of the oil sector gain traction in both the public and private sector, a major backlash is brewing around the United States. Continue Reading
Highlights 400-MW Bridgeport Harbor plant closed Coal supplied 23% of US generation in 2021 Coal to supply 15% to 16% of US power by 2026 Public Service Enterprise Group said Continue Reading
