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The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a…
The utility-scale batteries operating in the United States had an efficiency of retrieving the stored electricity at 82 percent in 2019, data from the U.S.…
Tesla China, which is set to design a new compact $25,000 Tesla in Shanghai, will eventually sell the model worldwide, Teslarati reported on Tuesday, citing…
French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, and said it will…
Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s…
Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday as…
Goldman Sachs had another bullish message for oil markets this week, saying in a note that it expected global oil demand to recover to pre-pandemic…
The U.S. national average gasoline prices are expected to rise to average $2.42 per gallon in 2021, from the lowest since 2016 of $2.17/gal in…
Oilfield services provider Baker Hughes (NYSE: BKR) booked its first quarterly net profit since oil prices crashed in March, reporting on Thursday a net income…
Total will not renew its membership in the American Petroleum Institute (API) for 2021 due to divergences with the main U.S. oil lobby over climate…
Spot prices of liquefied natural gas (LNG) in Asia have staged an impressive rally over the past two months and have now soared 18 times…
Oil major Total and energy provider Engie have applied for subsidies which, if obtained, would allow them to build the largest green hydrogen facility in…