Japan Embraces Lab-Made Fuels Despite Costs, Climate
(Bloomberg) — For Japan’s largest utilities, lab-made fuels are a meaningful step toward greener energy that also extends…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
U.S. Refining Giant Valero to Shut California Refinery
Valero Energy plans to idle, restructure, or cease refining operations at its Benicia Refinery in California by the…
Abu Dhabi Defies Oil Price Plunge to Keep Building Big at
(Bloomberg) — Abu Dhabi has spent the past few years funneling oil revenue into building everything from splashy…
Stocks Rebound Fizzles as Trump Goes on Offensive: Markets
(Bloomberg) — A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the…
Fracker Liberty’s Profit Falls to 3-Year Low as Oil Slumps
(Bloomberg) — Shale fracker Liberty Energy Inc. posted its worst earnings in three years amid plunging oil prices…
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion
(Bloomberg) — Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired…
Woodside hires Mexico Pacific CEO Sarah Bairstow as
Australia’s largest independent oil and gas company Woodside Energy has appointed Sarah Bairstow, the CEO of Mexico Pacific,…
Crude Oil Products Inventories Plummet But Oil Prices Still Down
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million…
Chevron Ordered to U-Turn Venezuela Oil Ahead of Sanctions
(Bloomberg) — Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de…
Trade War to Slash China’s Demand for Plastic Feedstock From
(Bloomberg) — China’s demand for some of the building blocks used to produce plastics is set to drop…
Spain’s Nuclear Shutdown Set to Test Renewables Success
(Bloomberg) — Spain is ignoring calls to reconsider its nuclear decommissioning plans, betting renewables and battery storage will…