In one of the largest acquisitions in the industry, a group led by BlackRock’s Global Infrastructure Partners and Swedish private equity firm EQT AB has
Category: Energy
US shale producers Devon and Coterra to merge in a $58 billion deal to cut costs and boost scale.
As the industry consolidates to reduce costs and increase scale, U.S. shale producers Devon Energy and Coterra Energy announced on Monday that they will merge
Trump creates the National Energy Dominance Council for massive offshore drilling and natural gas exports.
An executive order officially establishing a National Energy Dominance Council was signed by President Donald Trump on Friday. The order instructed the council to act
Trump pumps coal to solve AI power demands, but gains may be transient.
President Donald Trump has praised coal, a dependable but polluting energy source that has been declining for a long time, as part of his pledge
Biden prohibits drilling for gas and oil offshore in most federal waters. Trump vows to reverse it on day one.
In an attempt to thwart any potential move by the incoming Trump administration to increase offshore drilling, President Joe Biden is taking last-minute steps to
European oil giants pump billions into new oil and gas developments.
Nearly five years ago, BP started a bold endeavor to change from an oil firm to a low-carbon power company. To match competitors, boost its
A wave of U.S. refinery closures under pressure from renewable fuels and EVs consumes the Lyondell Houston plant.
LyondellBasell Industries, a chemical manufacturer, revealed its long-awaited decision to permanently close its 263,776 barrel-per-day (bpd) oil refinery in Houston in the first quarter of
Solar powers Africa with providers making brisk businesses, where 600m still lack electricity.
On a continent whose governments have long battled to solve some of the worst infrastructure in the world and the challenges of climate change, companies
The 3 largest U.S. oil companies disclose payments of $42b to foreign governments in 2023.
Regulatory filings last year reveal that the three biggest U.S. energy exploration companies paid foreign governments about $42 billion, nearly eight times the amount they
9 EU nations to set up green energy hub in the Mediterranean to mitigate climate change.
To reduce the risks associated with climate change and transform the Mediterranean region into a hub for renewable energy, officials from nine nations that make
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