Oil Extends Losses After Bearish EIA Report
Oil extended losses in early European trade after prices fell more than 5% Wednesday, with bearish EIA data adding to coronavirus concerns.
Analysts Expect 105 Billion Cubic-Foot Injection in Natural-Gas Storage
U.S. government natural-gas data due Thursday are expected to show inventories rose last week by 105 billion cubic feet -- well above normal as demand weakened due to mostly mild weather and coronavirus prevention measures.
U.S. Blacklists Iranian Tanker Captains Accused of Delivering Gasoline to Venezuela
The U.S. has imposed sanctions on five Iranians for allegedly captaining blacklisted Iranian ships to deliver gasoline from Iran to Venezuela.
Utilities Team Up to Face Growing Cybersecurity Risks to Supply Chains
Southern Co. has joined American Electric Power in a partnership to vet vendors and analyze potential risks to the thousands of firms that comprise their supply chains, company officials said.
Minnesota Sues Exxon, Koch Over Climate Change
The Minnesota attorney general sued Exxon Mobil, Koch Industries and a top oil-and-gas trade group, alleging they have for years deceived consumers about the effects of climate change.
U.S. Crude-Oil Inventories and Production Increase
Crude-oil stockpiles rose by 1.4 million barrels, reaching a record-high for the third straight week, and U.S. oil production rebounded from a tropical storm-caused decline, government data showed.
'Massive' Forgery Helped Hide $3 Billion Hole in Energy Trader's Books
A distressed energy-trading company overstated its assets by more than $3 billion using "routine and pervasive" forgery, while its founder oversaw years of disastrous bets on oil derivatives, a report filed with a Singapore court said.
Green Energy Is Finally Going Mainstream
The question for investors now is not whether carbon-free power is here to stay but how to avoid getting burned.
Drax, Mitsubishi Launch Biomass Pilot Project in Yorkshire
Drax is partnering with Mitsubishi Heavy Industries to develop a bioenergy with carbon capture and storage pilot project at its incubation area in North Yorkshire.
Amazon to Launch $2 Billion Venture Capital Fund for Clean Energy
Amazon.com, criticized for its own environmental record, is launching a $2 billion internal venture-capital fund focused on technology investments to reduce the impact of climate change.
