Oil prices fall on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.
Oil holds steady as Ukraine drone strikes, Red Sea crisis cause disruptions
Crude oil futures held steady on Tuesday as the wars in Eastern Europe and the Middle East disrupt supplies.
A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
A global gold rush is underway for a long-overlooked resource that advocates say could play a significant role in the shift away from fossil fuels.
Oil prices rise as Ukraine strikes Russian refineries
At least 10% of Russia’s refining capacity has been disrupted by the attacks, according to British intelligence.
Republican lawmakers say green transition ‘cheerleader’ IEA has strayed from mandate
The IEA stressed that its mandate remain maintaining energy security and accelerating clean energy transitions.
U.S. energy secretary tells skeptical executives natural gas export pause will be short lived
Oil and gas executives strongly pushed back against the U.S. pause on new LNG exports during the CERAWeek energy conference in Houston.
Red Sea crisis could lead to global tanker shortage, Kuwait Petroleum CEO says
Violence in the region threatens tanker shortages if conflict lasts another six months.
Big Oil’s green-bashing stokes backlash as campaigners hit out at ‘talking points from the 1970s’
Top oil executives have been sharply criticized for pushing back on the viability of the clean energy transition at a U.S. conference.
Global energy demand will outpace population growth through 2050, Kuwait oil CEO says
Kuwait Petroleum Corporation CEO Shaikh Nawaf al-Sabah said oil demand will increase during the energy transition.
Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says
When asked directly, Darren Woods said acquiring Hess is not one of Exxon’s objectives in the dispute with Chevron.