Coronavirus widens climate rift between European and US oil majors

This post was originally published on this siteLONDON (Reuters) – Europe’s top oil and gas companies have diverted a larger share of their cash to green energy projects since the

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BP’s profit tumbles, debt climbs as coronavirus crisis hammers oil demand

This post was originally published on this siteLONDON (Reuters) – BP’s (BP.L) first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy

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UPDATE 1-Ships, trains, caves: Oil traders chase storage space in world awash with fuel

This post was originally published on this site… * Traders books dozens of tankers to store oil at sea. * Tankers with diesel diverted from Europe to U.S.. * GRAPHIC: U.S. oil inventories

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Ships, trains, caves: Oil traders chase storage space in world awash with fuel

This post was originally published on this siteLONDON/NEW YORK (Reuters) – Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more

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Shell sets oil sector’s broadest carbon reduction plans

This post was originally published on this siteLONDON (Reuters) – Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector’s

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Shell drops out of major US LNG project, Energy Transfer delays decision

This post was originally published on this site(Reuters) – Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the

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Oil falls as sinking demand outweighs stimulus hopes

This post was originally published on this siteLONDON (Reuters) – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus

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BP to quit main US refining lobby over carbon policy

This post was originally published on this siteLONDON (Reuters) – BP (BP.L) will leave the main U.S. refining lobby and two other trade groups as new CEO Bernard Looney spurs some of the

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Chevron prepares to restart Wafra oilfield on Saudi-Kuwaiti border

This post was originally published on this siteLONDON (Reuters) – Chevron has begun preparations to restart production at the Wafra oilfield in the Kuwaiti-Saudi Neutral Zone, the company

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BP boss Looney sets out to ‘reinvent’ oil giant with zero carbon goal

This post was originally published on this siteLONDON (Reuters) – BP set one of the oil sector’s most ambitious targets for curbing carbon emissions on Wednesday as new chief

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