BlackRock CEO Larry Fink said oil prices might hit $150 per barrel and trigger a “global recession” if Iran “remains a threat” even after the
Category: Energy
International Energy Agency head claims that the Iran War poses a “major, major threat” to the world economy.
The head of the International Energy Agency stated on Monday that the war in Iran poses a “major, major threat” to the world economy. Fatih
World faces biggest oil supply disruption ever on Middle East war, IEA says.
A day after agreeing to release a record amount of oil from strategic stocks, the International Energy Agency said on Thursday that the Middle East
BlackRock, EQT-led consortium close a $33.4 billion AES deal, betting on AI power boom.
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
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
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