Bloomberg
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
