Australian Energy Stocks Plunge as Panic Selloff Expands
Australia’s ASX energy index plummeted by 8% at close on Friday amid rising concerns about economic growth and oil demand in continued panic selling in all major markets after…
Exxon Sees Higher Prices and Refining Boosting Q1 Profit by Up to $2 Billion
ExxonMobil expects its first-quarter earnings to be higher than in Q4 by up to $2 billion, thanks to higher oil and gas prices and rising refining margins. Exxon’s earnings in……
Could global tariffs spur more demand for US energy?
It is clear already that energy is a crucial bargaining chip for the US when it comes to President Trump’s roll-out of widespread tariffs on imported goods. One upshot for…
CO2 Summit: How to scale up direct air capture
As the world continues to overshoot emissions targets, direct air capture (DAC) is increasingly seen as a vital tool in the climate toolbox. But the technology is still at a…
DoE Hands the Keys to Strategic Crude Oil Stockpile to New Firm
The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLC—hardly a household name—to manage the Strategic Petroleum Reserve (SPR)—America’s emergency stash of crude…
Energy Stocks Take a Beating As Tariffs Pack Punch
Oil stocks took a solid beating today after new tariff announcements out of Washington sent shockwaves through global markets. Add in fresh chatter from OPEC+ about potential production increases, and……
EU launches €600m funding call for hydrogen and carbon capture projects
The EU’s Climate, Infrastructure and Environment Executive Agency has launched a new €600m funding call under the Connecting Europe Facility (CEF) for Energy to support cross-border hydrogen and carbon capture…
