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FERC Slams New York With Higher Renewable Energy Prices

New Yorkers may have to pay more for electricity from renewable sources after the Federal Energy Regulatory Commissions issued a series of four orders that call for?

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Shell Not Competing With BP Over Net Zero Emissions Goals

Shell doesn't intend to ?get into an arms race? with peer supermajor BP over goals to reduce its carbon footprint, Maarten Wetselaar, Shell's Integrated Gas & New Energies Director, told?

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Suncor Gets Alberta Approval for 40,000-Bpd Oil Sands Project

Suncor has received the approval of the Alberta government for its Meadow Creek West oil sands project that will produce 40,000 bpd of crude, Canadian media report. Meadow Creek?

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Venezuela Declares An Energy Emergency

Venezuela's President Nicolas Maduro has declared emergency for the country's oil industry, calling for measures to ensure Venezuela's energy security, Sputnik reports, quoting a tweet by the presidential?

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Shell Looks To Expand Mars Crude Pipeline System

Shell Midstream Partners LP (NYSE: SHLX) announced that it is considering expanding its 163-mile-long Mars crude oil pipeline in the Gulf of Mexico, the company said in a Thursday earnings?

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Petrobras Books Record Net Profit In 2019

Brazil's state-run oil firm Petrobras (NYSE: PBR) reported on Thursday a record net profit for 2019, thanks to asset sales under its strategy to divest non-core operations and?

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Russia, OPEC Will Not Move Forward Their Next Meeting

Despite the uncertainty on the oil market amid the coronavirus outbreak, there is a common understanding among the OPEC+ coalition that ministers do not need to move forward their meeting?

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Turkish Media Claim Kurds, US Smuggle Syrian Oil

Kurdish fighters in Syria are smuggling oil out of the war-torn country in partnership with the U.S., Turkish language daily Yeni ?afak reports, quoting fighters of the Kurdish YPG?

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Indian Buyers Of Venezuela Oil Vow Compliance As US Sanctions Hit Rosneft

Indian conglomerate Reliance Industries is studying the impact of the newly imposed U.S. sanctions on a unit of Russia's Rosneft over trade of Venezuelan crude oil, and will make?

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Rosneft Boosts 2019 Profit Despite OPEC+ Cuts, Tainted Oil Crisis

Russia's biggest oil producer and largest taxpayer, Rosneft, reported on Wednesday a net income for 2019 that was 29 percent higher on the year, despite market uncertainties and negative?

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