Petroleum Exporting Countries (OPEC+) members, including Saudi Arabia, Russia, and six other producers, are expected to discuss a possible increase in…
News
Key Points:
US Inventory Build: Crude and fuel stockpiles in the U.S. increased, signaling weaker demand and pressuring oil prices.
OPEC+ Stead…
Key Points:
Price Drop: Global oil prices declined by 2%, reaching their lowest level in four months.
Oversupply Concerns: The fall is attribut…
Key Points:
$500M Cut: Trump admin cancels climate grants for 34 Colorado projects.
Political Angle: Targeted states that backed Harris in 2024…
Shares of Lithium Americas Corp. rose 35% in extended trading on Sept. 30 after U.S. Energy Secretary Chris Wright said the federal government will ac…
The U.S. liquefied natural gas (LNG) industry may be heading toward oversupply as energy companies continue to approve new export plants at a record p…
Oil prices fell on Sept. 30 as expectations grew that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) may raise productio…
Occidental Petroleum is in talks to sell its chemical subsidiary, OxyChem unit, in a deal valued at about $10 billion. The transaction, if completed, …
MOSCOW — Russia plans to extend its ban on gasoline and diesel export ban through the end of the year and introduce a ban on diesel fuel exports by no…
Centrus Energy Corp. announced Sept. 25 that it plans to expand its uranium enrichment plant in Piketon, Ohio, if it secures federal funding from the …
China’s target unveiled its updated climate goals Wednesday at the United Nations General Assembly in New York, pledging to cut greenhouse gas emissio…
Key Points:
Oil and gas industry hits record U.S. output.
Rising costs and weak demand pressure profits.
Policy uncertainty creates investme…