Highlights Asia continued to see year-on-year growth of 1.7 million b/d in Q2 but demand was down by 1.1 million over Q1 The quarter-on-quarter decline would be even sharper at Continue Reading
Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on Thursday touted a commitment from the auto industry to make electric vehicles up to half Continue Reading
Exxon XOM 0.63% Mobil Corp. is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant Continue Reading
President Biden on Thursday announced a multistep strategy aimed at rapidly shifting Americans from gasoline-powered cars and trucks toward electric vehicles — a central part of his plan to reduce Continue Reading
We need the expertise, experience, and financial backing of Big Oil to drive wind energy forward in the U.S., following years of strong investments from oil firms across the country Continue Reading
Highlights Administration to tighten tailpipe emissions rules Fuel savings seen around 200 billion gallons of gasoline Sets 50% vehicle electrification goal for sales by 2030 Receive daily email alerts, subscriber Continue Reading
The US exported a combined total of 7.11 million mt thermal and metallurgical coal in June, the highest monthly level since June 2019, according to Census Bureau data released Aug. Continue Reading
Highlights Lignite tops July mix TTF front-month hits 2008-high above Eur40/mt Year-ahead clean spark spread negative first time since 2019 German gas-fired power generation fell in July as record high Continue Reading
Energy prices for millions of Britons are expected to rocket from October after the energy regulator said it would increase its cap on the most widely used tariffs by about Continue Reading
Oil prices declined towards $70 a barrel on Thursday as more countries imposed fresh movement restrictions to counter a surge in COVID-19 cases, though Middle East tensions offered support. Japan Continue Reading
