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…
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…
Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start…
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…
Shale Coalition leader knows the drill, advocates for it
Jim Welty, at Marcellus Shale Coalition headquarters in Robinson, is a staunch natural gas supporter. Jim Welty is…
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…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…
Cheap Crude Tests U.S. Shale’s Breaking Point
Drilling in the U.S. shale patch is starting to slow down amid weaker oil prices and cost uncertainty…