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Big Oil is about to post highest cash flow in more than 13 years

Tuesday, October 26, 2021, 7:05 AM MDT

The Western world’s biggest oil companies likely just generated more cash than at any time since the Great Recession, and…

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Energy squeeze will trigger unrest, says Blackstone’s Schwarzman

Tuesday, October 26, 2021, 6:59 AM MDT

Blackstone Inc. co-founder Stephen Schwarzman said the world is facing energy shortages so severe they could cause social unrest. “We’re…

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Australia sets net-zero goal but sees future for fossil fuels

Tuesday, October 26, 2021, 6:56 AM MDT

Australia’s Prime Minister finally agreed to a plan to zero out its carbon emissions by 2050, but said he wouldn’t…

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Brent oil near three-year high with traders eyeing stockpiles

Tuesday, October 26, 2021, 6:47 AM MDT

Oil traded near its highest level since 2018 amid expectations that stockpiles will continue to decline globally as OPEC+ keeps…

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Canadian light oil demand jumps as refiners avoid gas exposure

Monday, October 25, 2021, 7:14 AM MDT

Canada’s oilsands are known for yielding some of the heaviest, most carbon-intensive oil in the world but it’s the light…

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Saudi Arabia to use $110 billion gas field for blue hydrogen

Monday, October 25, 2021, 7:12 AM MDT

Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom…

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Saudi Aramco pledges to reach net-zero emissions by 2050

Monday, October 25, 2021, 7:10 AM MDT

Saudi Aramco, the world’s biggest exporter of oil, set a goal of reaching net-zero emissions from its wholly-owned operations by…

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China targets more than 80% non-fossil energy use by 2060

Monday, October 25, 2021, 7:07 AM MDT

China aims to have non-fossil energy consumption exceed 80 per cent of its total mix by 2060, when the world’s…

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Brent oil takes out $86 as Saudi Arabia vows caution on supplies

Monday, October 25, 2021, 7:05 AM MDT

Brent oil rallied above $86 a barrel after Saudi Arabia urged caution in boosting supply, while an eye-watering rally in…

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France’s grid operator says cheapest path to net-zero needs nuclear power

Monday, October 25, 2021, 7:02 AM MDT

France must build 14 new nuclear reactors, alongside a surge in renewables investment by 2050, if it is to meet…

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Climate pact on methane gathers 35 countries after U.S., EU push

Friday, October 22, 2021, 7:16 AM MDT

The U.S. and the European Union are set to announce at key climate talks next month that at least 35…

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Exxon restarts Wyoming carbon capture project after 2-year delay

Friday, October 22, 2021, 6:51 AM MDT

Exxon Mobil Corporation restarted work on a planned one million-ton-a-year carbon capture project in Wyoming and said operations could begin…

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