The policy steps were decided in a virtual meeting delayed by internal disagreements over the baselines. De-facto leader Saudi Arabia extended its 1 million-barrel-per-day voluntary trim int... Read more
The announcement was made during a postponed OPEC+ meeting to discuss oil output strategy over 2024. It was not immediately clear if Brazil would have to carry out any production cuts starti... Read more
The OPEC+ group on Thursday agreed to additional output curbs of 1 million barrels per day in a move aimed at sending prices higher. The deeper reductions come alongside an extension of Saud... Read more
Aurora chasers around the world are eagerly awaiting the arrival of a super-hot plasma eruption — known as a coronal mass ejection (CME) — that will slam into Earth tonight. The rapid Earth-... Read more
WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced $3 million in funding for two projects aimed at transitioning Tribal College and University campuses to clean energy. T... Read more
Emerging technologies that showcase impressive advances, from breath sensors that detect disease to wirelessly charging low-powered devices, are driving customer growth and business expansio... Read more
Energy Island progress ABL’s scope of work includes the review of all procedural documentation, vessel inspections to assess the suitability of the proposed fleet for T&I operations, and... Read more
BP’s new CEO has not shied away from spending on renewables as some had feared. The company said Thursday it has struck a £254 million deal ($321 million) to take full control of renewables... Read more
“Companies that buy carbon credits decarbonize twice as fast as those which do not.” Politics has been called the art of the possible. Yet regarding climate change, this adage is flipped o... Read more
Oil futures rose Thursday as investors awaited the outcome of an online meeting of OPEC+ members that news reports said may produce a round of deeper production cuts for early 2024. Price ac... Read more
