Oil prices were broadly steady on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains. U.S. Continue Reading
Shell CEO van Beurden: there is more upside than downside for crude oil prices. Van Beurden sees ongoing tightness in crude oil supply. TotalEnergies CEO Pouyanne also stated that he Continue Reading
Soaring natural gas prices are giving rise to coal demand around the world, with consumption set to match this year the record-high from 2013, and further jump to a new Continue Reading
Worsening climate largely from the burning of coal and gas is uprooting millions of people, with wildfires overrunning towns in California, rising seas overtaking island nations and drought exacerbating conflicts Continue Reading
OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for more supply, although a modest output Continue Reading
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured on the outside of the new OPEC headquarters in Vienna March 16, 2010. REUTERS/Heinz-Peter Bader/File Photo July Continue Reading
In a first for Chinese offshore shale, state-run oil giant CNOOC has announced what it claims to be a commercial discovery in the Beibu Gulf in the South China Sea Continue Reading
Japan is encouraging regional authorities to take steps to contain a new coronavirus variant that has sent cases to record levels, but there is no plan for sweeping national measures. Continue Reading
US Economy Shrinks for Second Straight Quarter The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut consumer spending and Continue Reading
A surprise congressional budget deal announced Wednesday night boasts $370 billion in new spending for tackling climate change, including oodles of tax credits and rebates that could make it cheaper Continue Reading
