RIYADH: The current crisis between Ukraine and Russia, which has destabilized the energy market, mainly in Europe, could prove to be a boon for oil companies and hydrocarbon-producing countries, as soaring prices oil should bolster their incomes in fear of a protracted war. Oil prices were already high and jumpedRead More →
Video: As gas prices continue to rise, some Chicago residents say they may need to make adjustments to their travel habits. Plus, we share tips on how to save your vehicle’s fuel. (Produced by Joanna Hernandez) (CNN) – There’s pain at the pumps for American drivers as U.S. gasoline pricesRead More →
Citing record gasoline prices, Uber is charging customers a new fuel levy to help offset the costs of delivery and delivery drivers. The temporary surcharge will be 45 cents or 55 cents for each Uber trip and 35 cents or 45 cents for each Uber Eats order, depending on location,Read More →
Confused? We will guide you. Most Russian oil is destined for Europe and Asia. But the key here is to think about oil supply globally, rather than the United States specifically. The world of raw materials is highly interconnected and the price of oil is set on a global market.Read More →
/cloudfront-us-east-2.images.arcpublishing.com/reuters/JCZQNINXV5P3RCXET3NUIAB72I.jpg)
March 11 (Reuters) – When Brazilian President Jair Bolsonaro sacked the head of state oil company Petrobras amid a row over domestic fuel prices last year, market reaction was apoplectic. The company’s preferred shares fell 22% in one day. Analysts quickly downgraded a slew of Brazilian assets from state banksRead More →
Climate protesters have repeatedly gathered outside the Credit Suisse building to draw attention to the bank’s financing of coal, oil and gas extraction. Keystone / Ennio Leanza A group of 11 investors holding more than 2.2 trillion Swiss francs ($2.4 trillion) in assets has filed a shareholder resolution calling onRead More →
NEWYou can now listen to Fox News articles! President Biden’s courting of Venezuelan oil in an effort to end dependence on Russian imports and mitigate soaring gas prices at home could risk whitewashing alleged ‘crimes against humanity’ “committed by the Venezuelan government and its proximity to Russia. Several senior BidenRead More →
Summary The increased focus on hydrogen production and exploitation offers investors great opportunities. But like many emerging technical solutions, it can also carry risks. The Orrick Energy Disputes team (along with our project colleagues) has been tracking hydrogen trends and the litigation risks they present for businesses. One of theRead More →
The average person produces about a pound of poo a day. Where is all this going? The answer depends on where you live. If you have flush toilets, your metabolic output spirals down underground pipes to huge sewage treatment plants that clean the water and dispose of the rest asRead More →
Some Republican lawmakers have begun to echo demands from the oil and gas industry. “It is now clearer than ever what is at stake when anti-American energy policies make us and Europe more dependent on Russian oil and natural gas,” said Rep. Cathy McMorris Rodgers, Republican of Washington State andRead More →
at the hours Since Russia launched its military assault on Ukraine, Russian state television news has been dominated by official statements and reports from war correspondents. But in the days leading up to the attack, as the state broadcaster tried to tarnish Ukraine and brand US criticism of President VladimirRead More →
Fuel supplies to airports and petrol stations could be hit this spring if workers at the giant Fawley refinery on the UK’s south coast go on strike against a `insulting’ wage offer, the Unite union said. A ballot for 100 workers, around a third of all contractors at the site,Read More →
GUWAHATI: Green fuels or alternative fuels, which contribute to complete combustion and reduce vehicle emissions and fine particles, are encouraged by all stakeholders. Gasoline dealers in northeast India, however, have expressed reservations about the Indian Oil Corporation Ltd (IOCL) decision last month to roll out 10% motor alcohol blended withRead More →
As tens of thousands of Russian troops continue to mass along the Ukrainian border and diplomatic talks between the United States and Russia have yet to bear fruit, the threat of a Russian invasion into the next few weeks seems to be growth. A Russian invasion of Ukraine has theRead More →
Poppy Allonby, senior finance executive and former chief executive of BlackRock, has analyzed the link between climate change and investing for more than two decades. “For a lot of it, it was pretty lonely,” Allonby said during his December speech at the MIT Energy Initiative Fall Colloquium. “There weren’t manyRead More →