Downstream

(Bloomberg) TC Energy Corp.’s Keystone XL crude pipeline could be built by the first quarter of next year if the Biden administration were to reverse its decision to cancel the project. Construction of the controversial pipeline, which would have raised Canada’s oil-sands export capacity to the U.S. by almost 900,000 barrels a day, had already […]

Oil-and-gas CEOs advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climate envoy urged development of renewable energy as oil prices soared following Russia’s invasion of Ukraine. The CERAWeek energy conference opened in Houston on a day when global crude prices reached levels

Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.

U.S. LNG exporter Venture Global LNG said that oil and gas major Shell has agreed to buy LNG produced at its proposed Plaquemines LNG export plant in Louisiana.

SpaceX’s odd new interest in traditional fossil fuel energy could underlie its interplanetary ambitions. Earthly energy suppliers should take note.   Beware the Digital Giants A few years ago, the annual general meeting of the Deloitte Canada partners was held in Quebec City, and the featured speaker was Sir Richard Branson of Virgin fame. The conversation

The policies of OPEC+ have nothing to do with the surge in crude prices, two sources in the group said on Monday, downplaying the likelihood of any boost to global supply from the alliance that includes Russia and Saudi Arabia. Oil spiked to its highest price since 2008 on Monday amid fears about supply shortages

Over the last few weeks I have been making the point on Twitter and to television audiences that Europe empowered Putin to invade Ukraine by becoming dependent on him for energy. You can watch one segment here: Michael Shellenberger @ShellenbergerMD The same people who hyped Russiagate ignored warnings by the head of NATO & Hillary

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 Mar 7, 2022 (Bloomberg) An investing movement that promotes itself as a protector of people and the planet has somehow found itself providing capital to the autocratic regime behind Europe’s worst military conflict since World War II. Funds labeled ESG — an acronym that denotes a commitment to environmental, social and governance interests — own shares of Russia’s

SAN FRANCISCO, March 7 (Reuters) – Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles. Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term