U.S. & International
Shell profit doubles to record as war drives up energy costs
Thursday, February 2, 2023, 6:16 AM MST
Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and…
Adnoc reveals record income for gas business ahead of IPO
Wednesday, February 1, 2023, 6:38 AM MST
The United Arab Emirates’ national energy company has started pitching an initial public offering of its gas business to investors…
India's finance minister announces new clean energy funds
Wednesday, February 1, 2023, 6:19 AM MST
Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government's annual federal budget speech on Wednesday,…
Bulgaria and Serbia diversify energy supplies
Wednesday, February 1, 2023, 6:16 AM MST
The presidents of Bulgaria and Serbia on Wednesday launched the construction of the Bulgarian part of a gas link that is designed…
CNOOC’s $3 billion UK portfolio sale has stalled on valuation gap
Tuesday, January 31, 2023, 6:45 AM MST
CNOOC Ltd. has paused a planned sale of its UK North Sea portfolio, which could have been valued at as…
Exxon’s $59 billion profit clouded by disappointment on buybacks
Tuesday, January 31, 2023, 6:39 AM MST
Exxon Mobil Corp. reaped a record $59 billion annual profit but disappointed some investors by holding the line on share…
IMF upgrades outlook for the global economy in 2023
Tuesday, January 31, 2023, 6:25 AM MST
The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows…
Europe scrapes out economic growth by dodging gas disaster
Tuesday, January 31, 2023, 6:15 AM MST
Europe's economy scraped out meager gains at the end of last year as galloping inflation fed by high energy prices…
Total CEO sees tight gas market, pricey diesel in Europe in 2023
Monday, January 30, 2023, 6:36 AM MST
Europe’s natural gas market will tighten again in 2023 as stockpiles will have to be replenished over the summer without…
Scholz seeks to end China’s lithium dominance in South America
Monday, January 30, 2023, 6:32 AM MST
Chancellor Olaf Scholz is using a trip to Latin America to help Germany secure additional supplies of the lithium that…
Senators urge Biden on Mexico, Canada trade compliance
Friday, January 27, 2023, 6:20 AM MST
The top senators on the committee that deals with trade urged President Joe Biden to pursue enforcement action against Canada…
Chevron's buyback boosts stock, get rebuke from White House
Thursday, January 26, 2023, 6:59 PM MST
Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock, one…
