Trump says UK is making a very big mistake with North Sea windfall tax

Trump says UK is making a very big mistake with North Sea windfall tax

A photograph taken on October 29, 2024 shows a general view of Trump International Golf Links and its sand dunes, in Balmedie, Aberdeenshire, Scotland as construction works are underway for a second golf course on the estate built on sand dunes. Andy Buchanan | Afp | Getty Images U.S. President-elect Donald Trump on Friday called … Read more

Ukraine’s halt of Russian gas throws Transnistria into crisis

Ukraine’s halt of Russian gas throws Transnistria into crisis

Flow regulator valves at a natural gas measuring station in Moldova. Bloomberg | Bloomberg | Getty Images Moldova’s breakaway region of Transnistria has been thrust into a profound energy crisis following the termination of a five-year gas transit agreement between Russia and Ukraine. Nearly 500,000 people in the mainly Russian-speaking territory of Transnistria are left … Read more

Ukraine stopped Russian gas reaching Europe. Here’s who’s most at risk

Ukraine stopped Russian gas reaching Europe. Here’s who’s most at risk

The Mitte Combined Heat and Power (CHP) natural gas power plant, operated by Vattenfall AB, in Berlin, Germany, on Wednesday, Jan. 1, 2025. Bloomberg | Bloomberg | Getty Images Ukraine halted the flow of Russian gas to several European countries on New Year’s Day, bringing an end to Moscow’s decades-long dominance over Europe’s energy markets. … Read more

Moldova declares state of emergency over expected halt to Russian gas

Ukraine’s halt of Russian gas throws Transnistria into crisis

Dorin Recean, Moldova’s prime minister, speaks during the United Nations General Assembly (UNGA) in New York, US, on Friday, Sept. 27, 2024. Bloomberg | Bloomberg | Getty Images Moldova’s parliament on Friday voted to approve a 60-day state of emergency, citing fears of an immediate threat to the security of its citizens ahead of an … Read more

Britain to reach peak gasoline this year in landmark moment for EVs

Britain to reach peak gasoline this year in landmark moment for EVs

The battery of an electric car is recharged at a roadside charging station on January 09, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Britain is forecast to hit “peak petrol” in 2024, according to a new report, with electric vehicles (EVs) on track to assume a much bigger share … Read more

Shell, Equinor to create UK’s largest independent oil and gas company

Shell, Equinor to create UK’s largest independent oil and gas company

The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb. 13, 2023. Bloomberg | Bloomberg | Getty Images Oil major Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly … Read more

Low gas prices are driving holiday travel sentiment, says GasBuddy’s Patrick De Haan

Low gas prices are driving holiday travel sentiment, says GasBuddy’s Patrick De Haan

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Patrick De Haan, GasBuddy head of petroleum analysis, joins ‘Squawk Box’ to discuss gas prices around the holiday season, the change in sentiment from last year, and much more. 03:37 Mon, Nov 25 20247:40 AM EST Read original article here Denial of … Read more

Shell wins appeal against Dutch climate ruling to slash emissions

Shell wins appeal against Dutch climate ruling to slash emissions

Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024. Bloomberg | Bloomberg | Getty Images A Dutch court on Tuesday ruled to dismiss a landmark climate ruling against Shell, after the oil giant was ordered to drastically reduce its global carbon emissions back in … Read more

Oil giant Shell posts small drop in third-quarter profit to $6 billion

Oil giant Shell posts small drop in third-quarter profit to  billion

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset … Read more

British oil giant BP posts $2.3 billion in third-quarter profit

British oil giant BP posts .3 billion in third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. The energy firm posted underlying replacement … Read more