Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and…
Tag: Oil and Gas
United Kingdom closes its last coal-fired power plant
The U.K.’s last coal-fired power plant was to close permanently on Monday — bringing an end…
U.S. crude oil on pace for third monthly loss in a row in September
U.S. crude oil prices are on pace for a third monthly loss in a row in…
Bill Gates-backed startup says a global gold rush for buried hydrogen is picking up momentum
The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday,…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead…
Exxon earnings beat as production in Guyana and Permian sets a record
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg…
U.S. crude oil falls below $75 per barrel, lowest level since early June
Seagrass on the beach frames an offshore gas rig at dusk on May 10, 2024, near…
BP shares drop 3% after warning of up to $2 billion impairment, weak refining margins
BP in 2020 set out its ambition to become a net zero company “by 2050 or…
Global shift toward green energy accelerating
Global shift toward green energy accelerating – CBS News Watch CBS News A global shift in…
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images…