Turkmenistan is improving economic ties with the U.S. The priority for Ashgabat seems to be diversification. Turkmenistan looks to Qatar as it aims to ramp up LNG exports. In late Continue Reading
The Guyana-Suriname Basin is quickly emerging as one of the most prolific offshore oil regions in the world. Guyana has had tremendous success in its ventures with Big Oil in Continue Reading
Chinese President Xi Jinping will take the stage on Sunday to kick off a historic congress of the ruling Communist Party, where he is poised to win a third term Continue Reading
A “flying car” built by Chinese electronic vehicle maker Xpeng Inc (9868.HK) made its first public flight in the United Arab Emirates, as the company works towards launching the electric Continue Reading
Japan’s government is amending laws that will allow state firm Japan Oil, Gas and Metals National Corporation (JOGMEC) to buy liquefied natural gas this winter if private companies cannot afford Continue Reading
Amid an energy crunch that served a severe blow to Japan’s economy, the government in Tokyo is considering extending the lives of the country’s nuclear power plant fleet beyond the Continue Reading
U.S. President Joe Biden said on Thursday that U.S. gasoline prices remain too high and that he will have more to say about lowering the cost next week. A federal Continue Reading
The 140-year-old oil company is making more money than ever. Yet the pandemic exposed deep cultural problems—and talent is fleeing. Illustration: Saratta Chuengsatiansup for Bloomberg Businessweek Shortly after Exxon Mobil Continue Reading
U.S. mortgage rates jumped to their highest level in more than two decades. The average 30-year fixed mortgage rate hit 6.92% this week, according to a survey of lenders released Continue Reading
Prices continued to climb at a brutally rapid pace in September, with a key inflation index increasing at the fastest pace in 40 years, bad news for the Federal Reserve Continue Reading
