New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic. (Bloomberg) — New Mexico’s oil Continue Reading
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower Continue Reading
The chairman of the U.S. Senate Foreign Relations Committee issued a statement on Monday, along with counterparts from several European parliaments, opposing the recent agreement between Washington and Germany to Continue Reading
BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit. The oil majors — with the notable exception of Exxon Mobil Continue Reading
Scientists have long been worried about what many call “the methane bomb” — the potentially catastrophic release of methan e from thawing wetlands in Siberia’s permafrost.But now a study by Continue Reading
Russia saw its oil production rise for the first time in three months in July as OPEC+ continued to ease the production cuts and planned maintenance at some Russian oilfields Continue Reading
Highlights Shipments to liquid markets down by a third on month, year UK imports just one cargo in July, Russia using Artic route Reload patterns illustrate rocketing global demand A Continue Reading
China July factory activity grows at slowest pace since Feb 2020 OPEC July oil output hits 15-month high -survey U.S. will not lock down despite coronavirus surge, Fauci says LONDON, Continue Reading
Crude oil futures fell in mid-morning trade in Asia Aug. 2 amid concerns over the resurgent spread of COVID-19, after the weekend brought a slew of reports of rising cases Continue Reading
Highlights Vessel Mercer Street targeted by armed drone on July 29 Attack killed two crew members amid heightened risk in Gulf Israel, US are considering ‘appropriate next steps’ Tehran — Continue Reading
