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. …
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
