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Shell energy transition plans fail to assure climate groups

Monday, April 12, 2021, 7:17 PM MDT

Six environmental and shareholder organizations have asked a $54 trillion investor group to vote against Royal Dutch Shell plc’s energy…

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Hong Kong looks to sea for clean energy in land-starved city

Monday, April 12, 2021, 6:17 AM MDT

Hong Kong’s CLP Holdings Ltd. is looking offshore to help meet a growing need for renewable energy, as limited land…

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Oil rises toward $60 as investors weigh near-term demand outlook

Monday, April 12, 2021, 6:11 AM MDT

Oil gained, nearing $60 a barrel, as investors continued to assess the recovery in consumption globally. Futures in New York…

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Saudis plan major solar development in bid to cut emissions

Friday, April 9, 2021, 6:49 AM MDT

Saudi Arabia announced a major development plan for solar energy as it looks to slash emissions and cut how much…

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Repsol to furlough staff on energy transition concerns

Friday, April 9, 2021, 6:36 AM MDT

Spanish oil refiner Repsol SA plans to furlough 830 workers at two refineries, citing a combination of lower demand due…

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Total is poised to make $5 billion bet on Uganda oil project

Friday, April 9, 2021, 6:29 AM MDT

Total SE is poised to go ahead with a $5.1 billion plan to tap more than a billion barrels of…

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Oil fluctuates with Saudi Arabia confident on OPEC+ output hike

Friday, April 9, 2021, 6:13 AM MDT

Oil switched between gains and losses after Saudi Arabia said it was confident that OPEC+ was right in agreeing to…

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Electric-vehicle shift becomes life-or-death risk for automakers

Thursday, April 8, 2021, 6:51 AM MDT

The shift to electric vehicles won’t happen like the flip of a light switch. The global auto market for the…

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Michelin reinforces hydrogen bet in move beyond selling tires

Thursday, April 8, 2021, 6:36 AM MDT

Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will…

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SSE, Equinor plan world’s first hydrogen power plant in U.K.

Thursday, April 8, 2021, 6:30 AM MDT

Norwegian energy major Equinor ASA will work with SSE plc to develop two new low-carbon power plants in the most…

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Biden tax plan targets fossil fuel subsidies worth $35 billion

Thursday, April 8, 2021, 6:19 AM MDT

President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would…

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Oil dips with record India virus cases imperiling demand revival

Thursday, April 8, 2021, 6:15 AM MDT

Oil fell as bearish virus news from India to Japan underpinned the outlook for a staggered recovery in consumption. West…

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