Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by Hurricane Ida in August, three trading sources said on Friday. Ida, Continue Reading
California’s grid operator has asked the Biden administration to allow some natural gas power plants to operate without pollution restrictions for 60 days to shore up the state’s tight electricity Continue Reading
Royal Dutch Shell Plc (RDSa.L) , the largest oil producer in the Gulf of Mexico, on Thursday canceled some customer shipments due to damages to offshore facilities from Hurricane Ida, Continue Reading
Airlines warned Thursday of another pandemic-driven hit to profits in the months ahead, as the Delta variant interrupts a rebound in air travel. Major carriers said new travel bookings have slowed in Continue Reading
New York State will ban the sale of new fossil fuel-powered cars and trucks by 2035, after Governor Kathy Hochul signed legislation to set a goal that all passenger vehicles Continue Reading
The United States is set to import more Russian oil this month and next, sources familiar with the matter told Bloomberg , as American supply of medium sour crudes is Continue Reading
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo WASHINGTON, Continue Reading
Natural gas won’t count as clean energy under a House Democratic plan that would eventually rid the electric grid of carbon and is part of the $3.5 trillion tax-and-spending package Continue Reading
The flooding damage wrought by Hurricane Ida last week is expected to send car owners back to dealerships to replace vehicles. The timing couldn’t be worse. For much of this Continue Reading
Highlights US envoy presses EU, Russia to help revive stalled talks Platts Analytics still sees deal for sanctions relief by December Collapse or further delay sets up tight oil market Continue Reading
