With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.
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The global oil cartel announced it would be extending its ongoing production cuts through the first few months of next year.
Countries at the United Nations COP29 climate summit struck a deal on the basic rules to launch an international carbon trading market.
Shell managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030.
FERC kiboshed a bid to increase the amount of power that a nuclear plant in Pennsylvania is allowed to supply to one of Amazon’s data centers.
Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.
A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.
The International Energy Agency predicts demand for fossil fuels will ebb pretty quickly as we move into the second half of the decade.
Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.
Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.
Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.
A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.
On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.
Days after Brent crude oil prices fell under $74 per barrel, the member nations of OPEC+ agreed to delay a production increase for two months.
The Abu Dhabi National Oil Company (ADNOC) signed a deal with Exxon to buy a 35% share of a new hydrogen plant just outside Houston, Texas.
ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.