Shareholders of Woodside Petroleum approved a merger with Anglo-Australian BHP Group’s petroleum arm to create a top 10 global independent petroleum producer worth nearly $40 billion.
Over 97% ... Read more
The International Energy Agency will hold an emergency meeting among consuming nations to discuss a new release of strategic reserves alongside a plan by the U.S. to pump massive supplies starting in ... Read more
Faced with tight sanctions from Western countries over its invasion of Ukraine, Russia is considering accepting bitcoin as payment for its gas and oil export transactions.
In a videotaped news confer... Read more
The United States liquefied natural gas (LNG) exporters are emerging as big victors of Europe’s supply crisis as they export record volumes to the European Union for the third consecutive at pri... Read more
Brent crude oil soared to almost $139 a barrel on Monday, its highest since 2008, as the U. S. and its European allied mull a Russian oil import ban and delays in the possible return of Iranian crude ... Read more
Exxon Mobil said it would exit its Russian oil and gas operations valued at more than $4 billion and halt new investments due to the Russian government’s invasion of Ukraine.
The decision will ... Read more
The New York City Council voted to ban the use of natural gas in new buildings, following several smaller U.S. cities seeking to shift from fossil fuels to cleaner, sustainable forms of energy.
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