Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks

Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks

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Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit what was for decades one of its most dependable cash cows but in recent years has become a big drag on its reputation. The London-based energy … Read more

This Week in Petroleum – U.S. Energy Information Administration (EIA)

This Week in Petroleum – U.S. Energy Information Administration (EIA)

 Beginning January 8, Today in Energy will encompass a broader range of analysis. Pieces previously published as This Week in Petroleum, the Electricity Monthly Update, and the Natural Gas Weekly Update’s In the News will now fall under Today in Energy. We consolidated these products to provide timely analysis on a variety of fuels … Read more

No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock

No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock

There will be no energy transition unless we can find new technologies that bring down the cost of renewables, BlackRock CEO Larry Fink told Bloomberg’s Dani Burger on Friday at the Berlin Global Diague forum. “We are not going to have a transition unless we can find technologies to bring down the competitive cost of … Read more

Xcel Energy Files Colorado’s First Clean Heat Plan

Xcel Energy Files Colorado’s First Clean Heat Plan

Xcel Energy has filed the first-ever “Clean Heat Plan” in the state of Colorado, which is aimed at reducing greenhouse gas emissions as the utility supplies gas to its million-plus customers. “We weren’t sure how we were going to get there, but we knew that it was necessary,” says Hollie Velasquez Horvath, regional vice president … Read more