Business
Clips of unrelated pipelines falsely depicted as part of Ethiopian gas export project
The Ethiopian government recently shelved plans to pipe natural gas from the Ogaden Basin to Djibouti because of financial constraints and…
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natural gas
News
Germany Embraces LNG as It Weans Itself Off Russian Gas
When Russia invaded Ukraine in 2022, Germany realized that its dependency on natural gas piped from Russia had endangered its energy…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
News
Russia Is Wooing Western Energy Companies, but Will They Return?
Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince…
News
Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
Just a few minutes’ walk from a metro station in the northeast corner of Vienna, you might think that you were in Texas: A drilling rig…
News
Chevron to Lay Off Up to 20% of Staff
Chevron, the second-largest U.S. oil and gas company, said on Wednesday that it would lay off as much as 20 percent of its work force, or…
News
Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal electricity regulators on Tuesday approved a proposal from the nation’s largest electric grid operator that could effectively give…
News
How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the…
News
Three Years After Ukraine Invasion, Europe Still Deals With Energy Crisis
At a newly built dock along Germany’s Elbe River, tankers from the United States unload liquefied natural gas to fuel factories and homes.…
News
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Oil and gas companies in the United States are bracing for the possibility that President Trump will thrust their businesses into disarray…
News
Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until…
News
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t…
News
Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy…
News
Constellation Energy to Buy Power Producer Calpine
Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for…
Business
Slovakia threatens to cut aid to Ukrainian refugees after Kyiv shuts off Russian gas pipeline
Slovakian Prime Minister Robert Fico said his country could cut support for Ukrainian refugees. It comes after Kyiv shut off a Russian…
Business
Nigerian economy surpasses expectations
Nigeria’s gross domestic product grew by 3.46% in the third quarter, surpassing expectations as its services sector expanded at its…