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Deep Rift Lies Behind Biden's Criticism of Oil and Gas Industry
2022-06-23 - The Biden White House's testy relationship with the fossil fuel industry has grown even more complicated as Russia's invasion of Ukraine cut global energy supplies and sent crude oil and natural gas prices skyrocketing.
Russian Oil, Fuel Revenue Up Even as Exports Fall: IEA
2022-06-16 - Despite its ban, the EU remained the main destination for Russian oil exports last month, making up 43% of Russian flows followed by just over a quarter to China.
IEA Says Oil Market Walking Tightrope Due to Economic, Supply Risks
2022-07-13 - The International Energy Agency estimates an annual rise in oil growth of 1.7 MMbbl/d in 2022 and 2.1 MMbbl/d in 2023, falling short of OPEC's outlook of 3.4 MMbbl/d in growth.
Global Oil Demand Set to Rise 2% to New High in 2023, Says IEA
2022-06-15 - According to IEA predictions, global oil demand will rise 2.2 MMbbl/d in the next year, with China leading the gains as it emerges from pandemic-induced lockdowns.
Shell Lures Texans with Green Power from New US Retail Business
2022-06-07 - Shell has invested in wind farm and solar developers that are building renewables projects producing about 13 gigawatts per year in Texas and elsewhere in the U.S.