Aramco Debt Nears 3-Year High as Oil Plunge Strains Earnings
(Bloomberg) — Saudi Aramco’s net debt rose to the highest in almost three years, piling pressure on the…
Global Net-Zero Targets in Jeopardy as Rich Countries Lag Behind
Alongside environmentalists and climate scientists, Bill Gates is the latest public figure to call on high-income countries to…
Iran Says Next Round of US Nuclear Talks Scheduled for
(Bloomberg) — The US and Iran will hold their fourth round of talks over the Islamic Republic’s nuclear…
AMG takes stake in Qualitas Energy
NYSE-listed investor Affiliated Managers Group has taken a minority stake in energy transition-focused infrastructure firm Qualitas Energy, according…
Indonesia to Cut Fuel Imports From Singapore in Favor of US
(Bloomberg) — Indonesia will cut its fuel imports from Singapore and source supplies from the US and Middle…
A 26-Year-Old Asked to Help Shape Japan’s Climate Goals Has
(Bloomberg) — A 26-year-old solar executive who jolted Japan’s government by making a rare public criticism of the…
Statkraft pauses new hydrogen projects due to ‘market uncertainty’
Norwegian energy company Statkraft has halted new hydrogen developments across its European portfolio due to “increased uncertainty in…
Occidental’s diverse portfolio delivers first quarter
Occidental Petroleum has announced better-than-expected first quarter profits, driven by robust production and favourable natural gas prices. The…
Spain’s Blackout Wiped €400 Million Off Economy, Top Bank
(Bloomberg) — Spain’s biggest ever blackout wiped almost €400 million ($454 million) off the economy, according to an…
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…