Energy Sector

The Latest

  • GasTerra Suspends Purchase Of Natural Gas From Russia's Gazprom
    Russia
    GasTerra said it has already secured two billion cubic meters of gas to offset Gazprom's deliveries.
  • Biden Administration Imposes Immediate Ban On Russian Oil Imports
    Oil
    White House officials said shipments of Russian energy products such as oil, natural gas, and coal will be barred from U.S. ports.
  • U.S. Overtakes Qatar As World's Largest LNG Exporter
    An LNG tanker
    The U.S. became the world's largest exporter of liquefied natural gas as demand in Europe and Asia surges.
  • Exxon Shareholders Demand Board Changes To Accelerate Shift To Clean Energy
    Exxon
    Exxon is expected to conduct a vote at its annual shareholder's meeting Wednesday.
  • BP Paying $1.1 Billion For 50% Stakes In U.S. Offshore Wind Farm Operators
    Wind Energy
    The deal is the latest by BP as part of its strategic overhaul and plan to reach net-zero emissions by 2050.
  • Exxon To Bow Out Of Dow As It Shifts Away From Energy
    Exxon
    Exxon's departure from the Dow underscores the decreasing influence of energy stocks on the larger U.S. capital markets.
  • State Grid Corp of China To Acquire 49 Percent Stake In Oman Electric Firm
    State Grid Corporation of China
    The State Grid Corp of China has agreed to acquire a 49 percent stake in Oman Electricity Holding Co, a landmark deal for China's Belt and Road Initiative.
  • China On Track To Hit Five-Year Coal Consumption Control Goals
    China Coal Consumption
    China National Coal Association officials have stated that the country is still on track to achieve the coal consumption reduction goals set by its Five-Year Plan.
  • Saudi Aramco IPO Testing Market’s Climate Change Pledge
    General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia
    Saudi Aramco’s planned IPO may be in a bind as the world continues to lean towards greener, more renewable ways of using energy.
  • China-Russia Alliance Could Spur Change In Global Energy
    Xi and Putin
    China and Russia’s joint venture in energy is expected to help spur developments in the global energy sector.
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