Chevron Corp (CVX.N) on Tuesday pledged to triple to $10 billion its investments to reduce its carbon emissions footprint through 2028, while saying it was not yet ready to commit Continue Reading
Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore Continue Reading
The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing, with about 60% of output now back online. The latest data from the Bureau of Safety and Continue Reading
Hurricane Ida, which stormed through Louisiana at the end of August, has led to oil supply losses of 30 million barrels so far, driving the first decline in global oil Continue Reading
All Port Houston terminals will remain closed Sept. 14 due to the continued effects of Hurricane Nicholas, including widespread power outages, the country’s largest port for steel imports said in Continue Reading
Getting a permit to burn excess natural gas at Texas oil wells is getting a little bit harder. Texas Railroad Commissioners limited an oil driller to flaring gas for just Continue Reading
Barclays Plc and Deutsche Bank AG are among 17 banks accused by climate law activists of “hypocrisy” over work related to a controversial North Sea oil field. ClientEarth, a London-based Continue Reading
The British government on Tuesday announced a Plan A and a Plan B for getting through the challenging autumn and winter months in the face of a stubborn pandemic driven Continue Reading
A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power Continue Reading
Oil rose for a third day as another storm menaced a key U.S. energy hub just weeks after Hurricane Ida hammered local output. Crude futures gained 0.6% in New York Continue Reading
