U.S. & International
Shell splits up global renewable power unit in new CEO’s shakeup
Friday, March 31, 2023, 6:39 AM MDT
Shell plc is splitting up its global renewable power business as new Chief Executive Officer Wael Sawan puts his imprint…
Iraqi oil shutdowns worsen as Gulf Keystone cuts output
Friday, March 31, 2023, 6:36 AM MDT
Gulf Keystone Petroleum Ltd. will become the latest oil producer in Iraqi Kurdistan to cut production, as a legal spat…
Russian oil price cap to stay at $60, European governments told
Friday, March 31, 2023, 6:31 AM MDT
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in…
Judge orders US to resume oil, gas leasing in North Dakota
Thursday, March 30, 2023, 7:07 AM MDT
A federal judge has ordered the U.S. government to resume oil and gas lease sales on federal lands in North Dakota,…
UK unveils green program with little new cash to fight US plans
Thursday, March 30, 2023, 7:01 AM MDT
The UK unveiled its strategy to speed up the deployment of renewable power and capture carbon, part of a plan…
Shell CFO says shareholders focusing more on energy security
Thursday, March 30, 2023, 6:58 AM MDT
Shell plc investors are showing more interest in energy security in the wake of the crisis triggered by Russia’s invasion…
Russia still uses Western insurance for half of oil shipments
Thursday, March 30, 2023, 6:48 AM MDT
Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according…
Companies bid $264M in Gulf oil sale mandated by climate law
Thursday, March 30, 2023, 6:29 AM MDT
Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday…
US to auction Gulf of Mexico oil under climate compromise
Thursday, March 30, 2023, 6:22 AM MDT
Companies have offered bids on more than 2,600 square miles (6,700 square kilometres) of federal oil and gas leases in…
CNOOC’s earnings soar on energy crisis, oil price windfall
Wednesday, March 29, 2023, 6:55 AM MDT
CNOOC Ltd. reported record annual profits as China’s biggest offshore oil and gas driller reaped the benefit of last year’s…
New California gas price law another defeat for oil industry
Wednesday, March 29, 2023, 6:33 AM MDT
It was just a few weeks ago that California Gov. Gavin Newsom called the oil industry the second most powerful force…
BP, Adnoc plan to buy 50% of Israel’s NewMed in push for gas
Tuesday, March 28, 2023, 7:19 AM MDT
BP plc and Abu Dhabi National Oil Co. will form a natural gas joint venture and have made an offer…
