On the third day of the world’s biggest energy conference, the spotlight will pick out natural gas amid debate on its role in the transition to cleaner energy – and Continue Reading
The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made vehicles are poised to play Continue Reading
A large majority of Americans supports an end to U.S. imports of Russian energy as a response to Russia’s invasion of Ukraine, despite surging gasoline prices, according to a Reuters/Ipsos Continue Reading
Energy Secretary Jennifer Granholm speaks during a meeting with Secretary of State Antony Blinken, European Union High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles, and European Commissioner Continue Reading
Forecast Highlights Global liquid fuels The March Short-Term Energy Outlook (STEO) is subject to heightened levels of uncertainty resulting from a variety of factors, including Russia’s further invasion of Ukraine. This STEO Continue Reading
Analysts expect another sizable draw from US natural gas stocks as the summer injection season appears poised to begin approximately 300 Bcf below the five-year average. The US Energy Information Continue Reading
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers, and the European Union’s decision to continue imports was unlikely Continue Reading
The possibility that the United States might ban Russian oil imports has triggered a surge in Brent crude to almost $140 a barrel, its highest level since 2008. read more Continue Reading
Oil-and-gas leaders advocated at an industry conference on Monday for a combination of more fossil fuel production and renewable energy sources to reduce reliance on places like Russia as oil Continue Reading
The price for U.S. gasoline hit a record high, tracking a surge in global energy markets and showing how the war in Ukraine is having far-reaching economic consequences. The spiraling Continue Reading
The Biden administration on Monday proposed strict new limits on pollution from buses, delivery vans, tractor-trailers and other heavy trucks — the first time in more than 20 years that Continue Reading
Senior congressional Democrats and Republicans on Monday announced they had reached a deal on a bill that would punish Russia for invading Ukraine, as they seek to ban U.S. imports Continue Reading
Equinor and BP will turn the storied South Brooklyn Marine Terminal in Brooklyn, New York, into a major regional hub for offshore wind. Equinor and BP will turn the storied Continue Reading
The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional Continue Reading
Iran believes a deal on its nuclear program can be quickly reached if Washington accepts points made by Tehran at talks in Vienna, the Foreign Ministry said on Monday, adding Continue Reading
A group of senior U.S. officials flew to Venezuela on Saturday for a meeting with President Nicolás Maduro’s government to discuss the possibility of easing sanctions on Venezuelan oil exports Continue Reading
The world’s biggest gathering of energy industry leaders returns to Houston this week as Russia’s invasion of Ukraine delivers an oil price shock to the global economy and embattled executives Continue Reading
Expectations for the S&P 500 index are buckling under the clamor of inflation and economic growth worries stoked by crude oil’s rally. The U.S. equity gauge may drop to 4,000 Continue Reading
The U.S. Supreme Court is trying a case between West Virginia and the EPA, and it could send waves through the American climate regulatory system. Several legal observers have questioned Continue Reading
The Biden administration is weighing cutting U.S. imports of Russian oil and ways to minimize the impact on global supplies and consumers, the White House said on Friday, as lawmakers Continue Reading
U.S. gasoline prices have surged by 20 cents in just a week, as the Russian invasion of Ukraine sent international crude oil prices soaring above $110 per barrel. The national Continue Reading
Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting that crude’s rally will persist, according to Continue Reading
Saudi Crown Prince Mohammed bin Salman is seen during the Emirates Formula One Grand Prix at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates November 25, 2018. Bandar Continue Reading
A bipartisan group of U.S. senators introduced a bill on Thursday to ban U.S. imports of Russian oil, saying the shipments could be replaced by boosting output in North America Continue Reading
Republicans and Democrats in Congress are pushing President Biden to ban Russian energy imports as they search for new ways to punish Moscow for its bloody invasion of Ukraine, even as the White Continue Reading
Lukoil, Russia’s second-largest oil company, appeared to distance itself from President Vladimir V. Putin on Thursday by calling for a “fast resolution” to Russia’s invasion of Ukraine. The statement most likely reflects the Continue Reading
Some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity, including Monroe Energy, which is the third-biggest U.S. buyer of Russian oil. Continue Reading
The latest weekly draw from US natural gas storage inventories once again outpaced the average rate as only one below-average pull has been seen year to date, widening the deficit Continue Reading
Nonfarm payrolls forecast increasing 400,000 in February Unemployment rate seen falling to 3.9% from 4.0% Average hourly earnings forecast rising 0.5% Average workweek seen climbing to 34.6 hours WASHINGTON, March Continue Reading
The United States is open to imposing sanctions on Russia’s oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesday as Continue Reading
The United States on Wednesday took aim at Russia’s oil refining sector with new export curbs and targeted Belarus with sweeping new export restrictions, as the Biden administration ramps up Continue Reading
White House Press Secretary Psaki: The United States is now very open to considering sanctions against Russia’s oil and gas sector. Psaki: “We’re considering it. It’s very much on the Continue Reading
Uranium pellets, a nuclear fuel product for atomic power plants, are seen on a production line at Ulba Metallurgical Plant in Kazakhstan’s eastern town of Ust-Kamenogorsk August 11, 2006. REUTERS/Shamil Continue Reading
Iranian and U.S. officials are entering a crucial week of negotiations to restore the 2015 nuclear deal, with significant differences remaining on several key issues and new concerns that Russia’s invasion of Continue Reading
More than two dozen liquefied natural gas (LNG) tankers were near U.S. Gulf Coast export terminals on Monday, either loading or waiting to load, according to data from Refinitiv Eikon Continue Reading
U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Monday, with product supplied nearing 21 Continue Reading
The Venture Global LNG Calcasieu Pass facility in Louisiana, U.S. The first cargo of liquefied natural gas has departed from the U.S.’s newest export facility, expanding sales from the key Continue Reading
As Russian President Vladimir Putin launched a war against Ukraine, half a world away the U.S. economy appeared to be rebounding from a winter surge of Covid-19 infections. A range of U.S. data Continue Reading
Canadian Prime Minister Justin Trudeau has announced a ban on Russian oil imports following the country’s invasion of Ukraine. Mr Trudeau said oil revenues have helped to prop up President Continue Reading
A proposal by Republican lawmakers to increase U.S. crude oil production amid the fast-deteriorating situation in Ukraine that could compromise the security of energy flows was a “misdiagnosis”, according to Continue Reading
In the most important environmental case in more than a decade, the Supreme Court on Monday will hear arguments in a dispute that could restrict or even eliminate the Environmental Continue Reading
Goldman Sachs Group Inc. has lifted its U.S. inflation forecast and now sees the Federal Reserve lifting rates more than expected in 2023. The U.S. bank now forecasts the Fed’s Continue Reading
Inflation is now sitting at a four-decade high of 7.5%, but some fear it could get even worse. Russia’s push into Ukraine has forced Western allies to slap major economic Continue Reading
The United States sees nuclear energy as a key component in its net-zero ambitions. Despite an uncertain revenue outlook, the Department of Energy has announced it will be investing billions Continue Reading
Ukraine’s foreign minister urges full oil, gas embargo Calls of ‘if not now, when?’ growing louder: RBC’s Croft EIA to report latest US imports of Russian oil Feb. 28 Pressure Continue Reading
The text of a proposed nuclear deal between Iran and world powers, distributed by the European Union to negotiators, is in limbo while the head of Iran’s delegation consults with Continue Reading
For a brief period in the 2010s, high oil prices meant good news for the U.S. economy. Now, they are once again a threat to growth. With prices topping $100 Continue Reading
Oil companies led by Marathon Petroleum (MPC.N) and the United Steelworkers (USW) agreed to a new national contract on Friday for 30,000 U.S. workers in refineries, chemical plants, and pipelines, Continue Reading
The Biden administration’s sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included Continue Reading
The U.S. is seriously considering whether to seek Russia’s expulsion from the SWIFT financial messaging system over the Ukraine invasion as allies in Europe warm to the idea of imposing Continue Reading
