Oil and natural gas stocks shot higher in the days after former President Donald Trump regained the White House. The Energy Select Sector SPDR Fund (ticker: XLE) gapped higher at the open during ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP is increasing its investment in upstream oil and gas to $10 billion ...
BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...
BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...
But he has little to do with it, experts say, and his policies could make it more expensive to increase domestic oil production from ... showed lower gas prices are helping to cool overall price ...
LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...
BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...
Today’s average price of gas in the U.S. is $3.08 per gallon ... this is below the average annual oil demand growth from 2021 through 2023. In its most recent “Short-Term Energy Outlook ...
The Permian Basin, a region spanning west Texas and eastern New Mexico, is the once and future heart of the greatest oil and gas boom in American history, a frenzy of production triggered by the ...
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia. By Stanley Reed Reporting ...
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