[ad_1] LOS ANGELES/WASHINGTON, March 13 (Reuters) – The Biden administration is approving a scaled-back version of ConocoPhillips’ (COP.N) $7 billion oil and gas drilling Willow project in Alaska, the U.S.…
Tag: ENR
Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023
[ad_1] KUALA LUMPUR, March 13 (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad (PETR.UL) on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger…
Aramco’s Nasser says oil market tightly balanced
[ad_1] DUBAI, March 12 (Reuters) – Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to medium term, adding that he was…
Garbage piles up in Paris as Macron vows to push through pension reform
[ad_1] PARIS, March 10 (Reuters) – Garbage piled up in Paris streets and fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform but President Emmanuel…
Dutch farmers and climate activists protest over government policies
[ad_1] AMSTERDAM, March 11 (Reuters) – More than 10,000 Dutch farmers protested in The Hague on Saturday against government plans to limit nitrogen emissions, a policy they say will spell…
Italy’s Eni and CFS speed up plans for fusion energy
[ad_1] MILAN, March 9 (Reuters) – Italian energy group Eni (ENI.MI) and U.S.-based Commonwealth Fusion System (CFS) signed a new collaboration agreement on Thursday to accelerate the industrialisation of nuclear…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…
Octopus Energy to invest 1 bln euros in French green energy market
[ad_1] LONDON, March 10 (Reuters) – British energy supplier Octopus Energy said on Friday it will invest 1 billion euros ($1.1 billion) in the French green energy market over the…
Yellen defends request for $29 bln increase in IRS enforcement funds
[ad_1] WASHINGTON, March 10 (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday defended a Biden administration budget request for an additional $29.1 billion in IRS enforcement funds as Republicans…
SVB exploring sale as crisis triggers global banking rout
[ad_1] U.S., European banks sell off for second day Banks’ bond holdings in focus as central banks hike rates Treasury monitoring developments; investors fear ‘systemic risk’ SVB memo tells employees…