Ces

United Kingdom
New UK Prime Minister Sunak Faces Major Challenge With Energy Crisis
Sunak faces a set of unique challenges including a cost-of-living crisis and an energy crisis.
Electric Vehicle Battery
Biden’s EV Minerals Cash Fruitless Without Permitting Reform
Washington's growing financial support for companies that produce metals used in electric vehicles will likely prove fruitless unless the federal government str…
Natural Gas
Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices
60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic.…
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Oil Field
Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future
Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l…
Egypt
Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed
The decision to hold next month's COP27 climate summit in a highly secured tourist resort in Egypt, along with restrictions on access, is curbing civil society'…
Oil Shale
Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output
U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…
Oil Refinery
Exxon Shares Surge to Record High on Strong Earnings Outlook
Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…
Energy Transition
S.Africa's Energy Transition Plan Needs $46.5 Bln, Five Times Pledges - Sources
South Africa's plan to kick-start its transition from coal to renewable energy will need $46.5 billion, more than five times the $8.5 billion Western nations ha…
Net Zero Emission
U.S. EPA Begins Work to Set up $27 Bln Green Bank
The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities …
Electric Car
U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles
The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.
Natural Gas
EU Leaders to Keep Studying Gas Price Caps
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho…
Oil Price
US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices
US officials have hinted at more releases if prices continue to surge.
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
Electric Vehicle Battery
Syrah Resources to Explore Graphite Supply to LG Energy Solution, Shares Soar
Australia's Syrah Resources Ltd said on Thursday it will evaluate supplying a key lithium-ion battery component to South Korea's LG Energy Solution Ltd, sending…

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Ces

New UK Prime Minister Sunak Faces Major Challenge With Energy Crisis

Biden’s EV Minerals Cash Fruitless Without Permitting Reform

Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices

Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins

Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future

Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

Exxon Shares Surge to Record High on Strong Earnings Outlook

S.Africa's Energy Transition Plan Needs $46.5 Bln, Five Times Pledges - Sources

U.S. EPA Begins Work to Set up $27 Bln Green Bank

U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles

EU Leaders to Keep Studying Gas Price Caps

US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices

U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut

Syrah Resources to Explore Graphite Supply to LG Energy Solution, Shares Soar