London-listed group says second-quarter results will also include an impairment charge of up to $2bn
Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment
Category one storm hits Houston, leaving millions without power and killing two people
Companies from the US to the Gulf are jostling for petrochemicals market share
Adnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit from oil major
State-owned companies still see a future for gas to fill any gaps left by renewable sources
Oil major paused work on Rotterdam project this week amid difficult market
Also in this newsletter: Germany and Turkey locked in diplomatic spat over a hand gesture
Also in today’s newsletter, a new report casts doubt on clean hydrogen’s role in the power sector
Brent crude has risen about $10 a barrel since early June as US stockpiles dwindle
Current market is in gridlock, with governments flip-flopping on green targets
Work on energy transition project in Rotterdam will be further delayed
Williams set to escalate dispute with rival Energy Transfer through lawsuit for ‘anti-competitive’ actions
Poor harvests hitting production have forced up the cost of key ingredient
Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability
Serica ‘actively’ looking overseas ahead of potential increase in UK government’s windfall levy on producers
Some producers have started to row back on low-carbon strategies amid high fossil fuel demand and investor concerns
UAE and Saudi Arabia are leading region’s efforts to reduce dependence on oil and gas
United Airlines executive highlights need for access to pipeline networks and other infrastructure to help decarbonisation
But critics fear the oil bonanza will turn Guyana into a victim of the ‘resources curse’
Voters are worried about inflation in general and the cost of filling up their cars in particular
Wall Street bank stands to make $80mn if deal to sell group to Chevron survives ExxonMobil challenge
German chemicals group to enter ‘concrete negotiations’ after Gulf state-owned company boosts proposal to €62 per share
Orlen’s acquisition of newspaper business under former rightwing government has drawn criticism
Environmentalists and sceptical locals threaten key element of US plans for green energy
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