Focus on Oil
Biden to ban new oil drilling over vast areas of US Atlantic, Pacific waters
The ban, set to be announced Monday, prohibits selling drilling rights in parts of the Atlantic, Pacific, and eastern Gulf of Mexico.
US Chamber, oil industry sue Vermont over law requiring companies to pay for climate change damage
The U.S. Chamber of Commerce and a top oil trade group are suing Vermont over its new climate change law.
US winter storms could cause power outages, cut natgas supplies
Freezing weather may cause power outages and peak natural gas demand, with supply drops expected due to freeze-offs.
UK, Germany electricity cleanest on record in 2024
Renewable energy like wind and solar accounted for 59 per cent of production in Germany, while in Britain it stood at 45 per...
Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks, TASS says
Ukraine has staged numerous strikes on Russian oil storage facilities and refineries, responding to Moscow's February 2022 invasion.
Trump demands end to North Sea ‘windmills’ in swipe at UK energy policy
North Sea production has declined from a peak of 4.4 million barrels of oil per day to around 1.3 million today.
Analysis: UK’s electricity was cleanest ever in 2024
In 2024, UK electricity was cleaner than ever, with CO2 emissions per unit down by over two-thirds compared to 2014.
US oil executives expect faster permitting under Trump, says Dallas Fed
A third of executives polled said they think the permitting process will become significantly faster over the next four years.
