California Senator Revives $15 Billion Oil Divestment Battle
Charles is a writer for Oilprice.com
The last coal-fired power plant in Alberta was shut down on Sunday with the operator likely to convert the generation facility to natural gas following…
The Sixth Court of Appeals ruled against Enbridge in a case regarding its Line 5 pipeline and ordered the case returned to a Michigan court.…
The Liberia Register, which has about 16% of the world’s vessels by capacity flying Liberia’s flag, has withdrawn authorization to Russia’s Ingosstrakh Insurance Company to…
Australia’s energy producers and utilities are calling on the government to support the existing natural gas-powered generation as a smooth market mechanism to move to…
UK renewable power generators exporting electricity to the EU could be hit with the EU carbon border tax as of 2026 unless the UK and…
The Dangote Refinery in Nigeria, Africa’s biggest and newest crude processing facility, is delaying the start of gasoline deliveries after the middle of July, the…
Market spreads and futures prices signaled at the end of this week a tightening in the European diesel market, on the back of closed or…
The European Commission’s provisional tariffs on imports of Chinese electric vehicles in the EU are not expected to materially impact the European market, due to…
A missile strike believed to have been launched by Yemen’s Iran-backed Houthis on a vessel in the Gulf of Aden on Thursday has set the…
Russia will reach its oil production quota in June after exceeding its target output under the OPEC+ deal in May, the Russian Energy Ministry said on Thursday.…
The world’s second-largest coal consumer, India, plans to increase its domestic coal production and reduce imports, G. Kishan Reddy, Minister of Coal and Mines, said on Thursday.…
Africa’s top lender, Standard Bank, expects to help fund part of the planned $5-billion East Africa Crude Oil Pipeline (EACOP), a controversial project that has…
The Federal Reserve concluded its two-day policy meeting on Wednesday, leaving interest rates unchanged and indicating that there will be one cut in 2024, with…
As American shale patch mergers and acquisitions continue in the consolidation frenzy, oil producer Matador Resources Co has struck a deal to buy EnCap Investments’…
Ahead of a meeting later this week with Ukrainian President Volodymyr Zelensky at the Group of 7 nations leadership summit, the Biden administration has slapped…
Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double…
Oil demand growth is set to slow in the coming years and global demand will peak in 2029, while rising production will lead to a…
Alberta’s government has shut down a so-called energy war room, officially known as the Canadian Energy Centre, five years after it first floated the idea.…
OPEC’s crude oil production rose by 29,000 barrels per day (bpd) in May compared to April as the OPEC+ group headed for the crucial June…
The deadline for submitting binding bids for the parent company of Venezuelan refiner Citgo Petroleum is expiring on Tuesday while the deadline for completing the…