U.S. & International

PETRONAS quarterly profit more than doubles on crude prices

Tuesday, August 30, 2022, 6:45 AM MDT

Malaysia’s state oil company Petroliam Nasional Bhd. said net income in the second quarter more than doubled from a year…

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Germany upbeat on energy security; Russia cuts gas to France

Tuesday, August 30, 2022, 6:29 AM MDT

German Chancellor Olaf Scholz said Tuesday that his country is well-prepared to tackle a possible energy shortage because of Russia's…

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Ottawa invokes 1977 pipeline treaty in separate Line 5 dispute, this one in Wisconsin

Tuesday, August 30, 2022, 6:21 AM MDT

For the second time in a year, the federal government is invoking a little-known 1977 energy treaty between Canada and…

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Danes, Germans back Baltic wind hub to offset Russian gas

Monday, August 29, 2022, 7:18 AM MDT

Denmark will increase its planned offshore wind capacity in the Baltic Sea to 3 gigawatts and hook it up to…

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LG, Honda to set up US joint venture to make EV batteries

Monday, August 29, 2022, 7:01 AM MDT

Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the…

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Germany to reach October gas-storage target already next month

Monday, August 29, 2022, 6:54 AM MDT

Germany’s economy ministry said gas-storage facilities are filling up faster than planned despite uncertainty over supplies through a key pipeline…

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Sinopec posts record first-half profits on rising oil prices

Monday, August 29, 2022, 6:48 AM MDT

Sinopec posted record first-half profits as higher global oil and gas prices outweighed a mixed market for fuel in China. …

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China’s oil majors post record profits on surging fuel prices

Monday, August 29, 2022, 6:33 AM MDT

Covid lockdowns, a property market crisis and a struggling domestic economy weren’t enough to slow down China’s oil giants as…

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California approves ban on gas-powered car sales by 2035

Friday, August 26, 2022, 7:06 AM MDT

California becomes the world’s first government to effectively ban gas-powered vehicle sales by 2035 after a Thursday vote by the…

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Oil spill settlement reached with California businesses

Friday, August 26, 2022, 6:33 AM MDT

A pipeline operator said Thursday that it has reached a settlement with Southern California tourism companies, fishermen and other businesses…

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Germany promotes Baltic Sea's 'enormous' energy potential

Friday, August 26, 2022, 6:22 AM MDT

Germany's foreign minister said Friday that estimates show the Baltic Sea can produce “more than twice the installed capacity of…

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OPEC+ deepens support for Saudi call to weigh supply curbs

Thursday, August 25, 2022, 7:23 AM MDT

OPEC’s united front on possible action grew stronger, as more nations endorsed Saudi Arabia’s view that supply curbs may be…

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