Tag: Oil and Gas
G20 faces ‘tough’ negotiations on climate
U.S Special Presidential Envoy for Climate John Kerry (right) with President of COP26 Alok Sharma at the G-20 Joint Environment and Climate Ministers' [...]
Australian bank to scrap loans for new diesel and gasoline cars
Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy.Br [...]
We’ll have to burn additional coal in the short term, CFO of RWE says
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040.Alex Kraus | Bloomberg | [...]
National average for a gallon of gas drops below $4
A customer pumps gas at an Exxon gas station on July 29, 2022 in Houston, Texas.Brandon Bell | Getty ImagesThe national average for a gallon of gas dr [...]
Why the price of a pint of beer in the UK is going through the roof
LONDON — The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation — and some Londoners are parting with a [...]
Oil companies giving back tons of cash, and other themes this earnings season
A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. U.S. stocks plummeted on Wednesday as weak earnings f [...]
How to save money on travel? Five tips for cheaper flights and hotels
1. Finding cheaper flightsThose who are strategic about saving spend 23% less on flights than those who aren't, according to a survey of budget travel [...]
Gasoline futures are dropping, which could mean more relief at the pump
Brie Olootu pumps gas at an Exxon Mobil gas station on June 09, 2022 in Houston, Texas. Gas prices are breaching record highs as demand increases and [...]
Shell to build ‘Europe’s largest renewable hydrogen plant’
On Wednesday, Shell said the Holland Hydrogen I facility would be "Europe's largest renewable hydrogen plant" when operations start in 2025. Shell is [...]
Oil tumbles more than 8%, breaks below $100 as recession fears mount
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021.David Paul Morris | Bloomberg | Getty ImagesOi [...]
Biden offers drilling option with new oil leases in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013.St [...]
How to save money on gas, with or without a federal gas tax holiday
The recent run-up in gasoline prices is now being felt nearly across the board.The national average for a gallon of gas is currently $4.94 after toppi [...]
World’s largest hybrid ship to ferry passengers between UK, France
An artist's impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours.Brittany FerriesA s [...]
UK firm signs deal to bolster gas supplies as war in Ukraine continues
Russia is a significant supplier of oil and gas. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons fo [...]
UN chief slams new fossil fuel funding
In remarks delivered to the Austrian World Summit in Vienna via video, Antonio Guterres issued a sobering assessment of the planet's prospects. "Most [...]