The energy giant Chevron announced on Monday that it had made technological history by producing the first oil from a U.S. Gulf of Mexico field
Category: Energy
Coup-hit Niger’s bid to export oil with China-funded pipeline hit with crisis.
The revolution that overthrew the democratic government of Niger last year has resulted in an internal security crisis and a diplomatic spat with neighboring Benin,
Saudi Aramco the world’s 6th most valuable company offers $11.9b shares for sale after the 2019 IPO.
Saudi Arabia said on Friday that it will sell a second tranche of billion-dollar shares in its state oil company, Aramco. This is the country’s
Tesla US sues Tesla India for trademark infringement.
In a hearing at the Delhi High Court this week, Tesla said the Indian company had continued advertising its products with the “Tesla Power” brand
117 GW of new wind power installed globally in 2023, making it the highest on record.
An industry trade body recently released a report stating that 2023 was the best year ever for new wind projects, with 117 gigawatts of new
Aramco expects a healthy global oil market in 2024 and plans to increase its investments in China.
Amid expanding and robust oil demand in China, Saudi Aramco’s chief executive, Amin Nasser, announced on Sunday that the oil giant was exploring other investment
Diamondback Energy to acquire Endeavour in a $26b deal will create a drilling giant and climate threat.
In a deal for over $26 billion in cash and stock, Diamondback Energy will acquire rival Endeavour Energy Resources to establish a drilling behemoth in
Europe’s green energy boom is in crisis, with over 95% reliance on Chinese solar panels.
The switch to green energy in Europe is caught in a difficult situation. Record solar energy installations are being driven by a rush of low-cost
Shell, to achieve net zero by 2050 will shut the German oil refinery and divest from Singapore.
Shell stated on Friday that, as part of its effort to lower its carbon emissions, it will close its oil refinery in Wesseling, Germany, by
The US refilled its strategic oil reserve with 3 million barrels after the market steadied following Russia’s incursion into Ukraine.
The U.S. Department of Energy announced on Tuesday that contracts to buy three million barrels of oil have been finalized, contributing to the replenishment of
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