The reach of the recently signed $740-billion Inflation Reduction Act is broad, but without question its biggest impact will be on the energy sector.

Adani Ports’ acquisition of the stake in Indian Oiltanking from Oiltanking India GmbH will boost its oil storage capacity by three times.

A solidarity pact could allow Europe’s largest consumers of natural gas to bail each other out if an extreme cold snap were to create shortages this winter.

Solar power has come of age, to the point where it’s being embraced by corporate America.

The illicit-mineral trade has long fueled eastern Congo’s conflicts, which began nearly three decades ago.

As the region pivots away from Russian supplies amid the Kremlin’s war in Ukraine, more terminals are needed. 

Westinghouse was selected to build three AP1000 reactors, or half of what it bid for. Electricite de France SA and Korea Hydro & Nuclear Power Co. were also competing for the contracts.

The expansion is one reason there is a rush to add LNG tankers to capacity-strained shipping markets.

Lance also cautioned the federal government against any significant changes to the tax structure, saying it could have dire consequences for oil and natural gas investments.

BP’s profits have soared this year as Russia’s invasion of Ukraine has pushed up wholesale gas prices.