Us

Oil & Gas Trade

Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry

The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will brin…

United States

Clean Energy Shares Tumble as Panic Takes Hold on Trump Win

Shares in clean energy companies plunged after a US election victory for Donald Trump, who has long criticized climate policies as the green new scam and has sa…

United Kingdom

Vital Energi JV to build £1bn heat network for Westminster

Plans have been unveiled to build the UK’s largest heat network capturing heat from the River Thames, London Underground and sewer networks to warm around…

United Kingdom

Plans for £200 Million UK Wind Farm Spark Revival After De Facto Ban Lifted

Cubico Sustainable Investments plans to invest £200 million ($260 million) to build the largest onshore wind farm in England, after the UK’s new Lab…

Power Construction

PG&E Cuts Power to California Customers As Wildfire Risk Builds

PG&E Corp. shut off power to nearly 25,000 homes and businesses in Northern California as gusty Diablo winds and plummeting humidity levels raise the risk of wi…

United States

Chevron Is Said to Weigh Sale of Hong Kong Gas Stations Business

Chevron Corp. is considering a sale of all of its gas stations in Hong Kong amid interest from prospective investors, according to people familiar with the matt…

Offshore Wind Power

Vestas Plunges 12% as Profit Seen at Low End of Guided Range

Vestas Wind Systems A/S shares tumbled to the lowest level since 2020 after the turbine maker said it expects earnings for the full year at the lower end of its…

Natural Gas

Russia’s Crude Shipments Slump on Lower Arctic, Black Sea Flows

Russia’s seaborne crude exports plunged in the latest week, with the biggest decline since early July dragging down the four-week average.Weekly flows dropped …

Saudi Arabia

Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay

Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …

Oil Price

Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes

Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a …

United States

Copper Drops as Dollar Strengthens on Trump Lead in US Election

Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North…

Bulgaria

Bulgaria starts constructing an ‘irreversible’ nuclear project with US reactors

On Monday, the Bulgarian government began constructing two nuclear reactors using US technology, signing the first major contract worth nearly $350 million - a …

Crude Oil

US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub

The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…

Carbon Neutrality

Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom

The government in Shanghai wants to convert the world’s busiest port into a center for greener shipping.China’s biggest city aims to build its capacity to sup…

Power Construction

California Faces Risk of Power Cuts With Winds Boosting Fire Threat

California residents face power shutoffs this week as warm, dry winds sweep the state, threatening to tear down utility lines and spark wildfires.Edison Interna…