U.S. & International

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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US set to ship record crude into 2023 as energy crisis deepens

Thursday, August 25, 2022, 7:12 AM MDT

US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share…

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US shale could erase debt by 2024, freeing up cash for gas pivot

Thursday, August 25, 2022, 6:48 AM MDT

US shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by…

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Canada has short window to get ahead of U.S. hydrogen efforts, backer warns

Thursday, August 25, 2022, 6:26 AM MDT

It is feasible to start exporting small shipments of Canadian-made hydrogen to Europe within three years but only if everyone…

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U.S. climate bill’s subsidy bonanza gives new push to carbon capture

Wednesday, August 24, 2022, 6:56 AM MDT

U.S. companies that cut carbon emissions could qualify for subsidies on even the smallest projects under new climate legislation, unleashing a potentially unprecedented wave of investment in…

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Russia may step up fuel exports to Asia as EU curbs tighten

Wednesday, August 24, 2022, 6:50 AM MDT

Russia may try to push greater volumes of a key oil product into Asia, possibly blending some with crude oil,…

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Germany gives fuel cargo priority on rail amid energy crunch

Wednesday, August 24, 2022, 6:48 AM MDT

Germany will prioritize shipments of coal and fuel for power stations on the country’s rail network in the government’s latest…

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