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
Category: Energy
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
Angola quits Saudi-led OPEC in a surprise move.
The Saudi-led club of oil producers, OPEC, has been trying in recent months to get support for more output cutbacks aimed at maintaining oil prices.
Elon Musk says climate change is exaggerated, but oil and gas are still relevant.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
Exxon–Pioneer $60b blockbuster merger deal to be reviewed by FTC.
Securities documents reveal that ExxonMobil is under investigation by federal regulators for its $60 billion acquisition of a Texas oil business, which would make it
Google in a landmark powers data centres with clean energy using geothermal electricity.
Google said on Tuesday that an advanced geothermal project has started to feed carbon-free electricity onto the Nevada grid to power Google data centres there.
U.S. Offshore wind projects are disrupted by supply chain constraints and a threat to climate goals.
The Biden administration’s plans to power 10 million homes with towering ocean-based turbines by 2030 and create a carbon-free electric grid five years later are
Blackstone and Vista Equity to invest $1b in energy transition firm Energy Exemplar.
In a deal estimated to be worth more than $1 billion, Blackstone and Vista Equity Partners announced on Tuesday that they would buy Australia’s Energy
Duke Energy consortium to build a Florida plant to produce, store, and combust 100% green hydrogen.
Duke Energy, an electric company, announced on Friday that it will construct a clean energy project in Florida that would use an end-to-end system to
Chevron- Hess all shares deal for $53b, as elevated energy prices give higher returns to investors.
The $53 billion acquisition of Hess Corp. by Chevron is not even the largest in the energy sector this month, as major producers seize the
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