Stanley Reed
Posts
European Natural Gas Prices Are Soaring Again
With cold weather approaching, worries over gas inventories and tensions over Ukraine are stoking the highest prices in more than a decade.
Oil Supply Expected to Catch Up to Demand, Easing Prices
The International Energy Agency said that the key factor in its improved outlook was rising production in the United States, Canada and Brazil.
Cambo, an Oil Project off Scotland, Is Halted by Owner
Its main owner said it would pause the $2.6 billion project, just over a week after Shell pulled out.
Shell Pulls Out of Cambo, a U.K. Oil Field Targeted by Climate Activists
The field, known as Cambo and seen as a bellwether for Britain’s North Sea energy industry, awaits a government decision before it can be developed.
OPEC Plus Maintains Oil Production Plans
The oil producers met less than a week after crude prices plunged amid worries over the Omicron variant.
Oil Producers Face Omicron Uncertainty and Rebellious Customers
OPEC and Russia want to bolster prices after a 10 percent drop last week. But they also need to consider the release of reserves by...
Oil Output Is Increasing, Possibly Easing Prices, a Report Says
The International Energy Agency said in its monthly report that oil production was picking up in the United States.
Shell Plans Shift to Britain, and Dropping 'Royal Dutch'
The restructuring is meant to make the company more appealing to investors and make it easier to sell assets, the oil giant said.
Rolls-Royce Plans to Build Small Nuclear Power Plants in Britain
Backed by the government and other investors, the industrial giant proposes to build as many as 16 generating plants.
Rolls-Royce unveils plan to build small nuclear power plants in Britain.
Backed by the government and other investors, the industrial giant proposes to build as many as 16 generating plants.