Electrifying at least 1 million homes by 2030 New York Governor Kathy Hochul is throwing her support behind building electrification as part of her administration’s climate agenda. Receive daily email Continue Reading
The recent decision by the EU to define investments in natural gas and nuclear energy as green energy investments has been met with plenty of resistance While environmentalists claim that Continue Reading
Industrial output in the euro area’s two largest economies unexpectedly contracted in November as supply constraints lingered, even before the coronavirus’s omicron variant hit the continent. France saw strong declines Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Jan. 6, tracking the overall bearish tone in financial markets, after the US Federal Reserve caught investors off-guard with plans Continue Reading
Oil retreated for the first time in four days on the prospect of tightening U.S. monetary policy, and on signs Chinese demand will weaken due to the worst Covid-19 outbreak Continue Reading
Oil climbed amid skepticism about whether OPEC and its allies can successfully raise output as much as they intend. Futures in New York rose 1.1% to $77.85 a barrel on Continue Reading
Oil prices rose on Wednesday, extending gains even after OPEC+ producers stuck to an agreed output target rise for February and U.S. fuel inventories surged due to sliding demand as Continue Reading
Rystad Energy’s head of oil markets, Bjornar Tonhaugen, offers his insight. Real-time transportation data globally suggests there has not been any significant impact on oil demand so far from Omicron. Continue Reading
The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December. OPEC made only part of its planned production increase last month, with supplies hampered by disruptions Continue Reading
The Iraqi government is attempting to take over ExxonMobil’s operating stake in the West Qurna 1 oil field rather than approve a sale to international investors. In a Jan. 5 Continue Reading
