U.S. & International

Biden issues offshore drilling rights under climate mandate

Thursday, September 15, 2022, 7:10 AM MDT

The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling…

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US Department of Energy says its oil purchase plan doesn’t include trigger price

Thursday, September 15, 2022, 7:04 AM MDT

The Department of Energy says its plan to restock the nation’s emergency oil supply doesn’t include a trigger price, and…

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Samsung sets goal to attain 100% clean energy by 2050

Thursday, September 15, 2022, 6:37 AM MDT

Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by…

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Shell CEO to step down as oil giant looks to climate goals

Thursday, September 15, 2022, 6:25 AM MDT

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy…

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EU starts talks with Norway to try to cut the price of gas

Wednesday, September 14, 2022, 6:47 AM MDT

The European Union is in talks with energy powerhouse Norway as part of its efforts to cut the price of…

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German government could raise stake in gas supplier Uniper

Wednesday, September 14, 2022, 6:42 AM MDT

German energy supplier Uniper said Wednesday that it is exploring the possibility of the government acquiring a majority holding in…

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IEA sees biggest China oil demand drop in over three decades

Wednesday, September 14, 2022, 6:27 AM MDT

China faces its biggest annual drop in oil demand in more than three decades as Covid-19 lockdowns and a property…

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European gas swings with EU planning intervention to fix crisis

Tuesday, September 13, 2022, 7:12 AM MDT

Natural gas fluctuated as the European Union pushed on with its market intervention to ease the worst energy crisis in…

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Blinken says revival of Iran nuclear deal ‘unlikely’ for now

Tuesday, September 13, 2022, 7:05 AM MDT

Secretary of State Antony Blinken said it was ‘unlikely’ the US and Iran would reach a new nuclear deal anytime…

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Saudi August oil output hit 11 million barrels a day

Tuesday, September 13, 2022, 6:45 AM MDT

Saudi Arabia told OPEC that it raised its crude production to just over 11 million barrels a day last month,…

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US takes aim at some Trump offshore safety rule rollbacks

Tuesday, September 13, 2022, 6:27 AM MDT

The U.S. Department of the Interior said Monday that it wants to reverse some Trump administration rollbacks of offshore safety…

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European powers doubt Iran’s sincerity on nuclear deal

Monday, September 12, 2022, 6:32 AM MDT

European powers said they have “serious doubts” about Iran’s commitment to a new nuclear agreement after negotiations stretching almost 18…

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